Event Details

Financial Management Strategies for Consultants and Small Business Owners

Running a consultancy is no small task, and capturing the real cost of doing business can be daunting.

Most of us believe we have a true understanding of our cost of doing business. But as we focus our time and attention on creating a thriving practice, we may often overlook the impact of other financial decisions, such as retirement planning and personal cash flow, on our total cost structure.

To help consultants understand the benefits of multi-source financial management, speakers Carl Bruckner and Dave Parkes of Pacific Advisors will discuss The Living Balance Sheet (LBS), a tool that aggregates all of an individual’s business and personal financial information in one place. The LBS allows business owners to discover areas of risk exposure and cash flow inefficiency and create fact-based solutions.

The LBS takes information from a variety of sources – including CPAs, attorneys, brokers, bankers and others – and creates a “wide-angled view” of an individual’s total financial situation. With this information at hand, individuals can test current strategies and financial recommendations with greater confidence. The benefits for consultants include: clearer, user-friendly organization; more control; faster and more accurate financial decision-making; and greater confidence and peace of mind moving forward.

In this session, attendees will learn:

• The most common financial issues faced by business owners, with case study examples that illustrate how these issues could threaten a balance sheet and financial strategy
• Why conventional financial "wisdom" could leave a business owner at risk
• How the Living Balance Sheet methodology can help protect a consultant’s practice through better organization of financial records

Date: April 14, 2011

Time: 6:00-9:00pm

Registration Cost: $20 for PATCA members and $25 for non-members. PATCA is offering a special rate of $20 for first-time attendees or guest(s) of members.

Location: Pruneyard Plaza Hotel, 1995 South Bascom Avenue, Campbell, CA 95008 (Inside the Pruneyard Shopping Center, near Marshalls & Left At Albuquerque Restaurant. See Map of Pruneyard Shopping Center)

Speaker
Carl Bruckner and Dave Parkes

Carl Bruckner

Carl works with business owners, entrepreneurs and professionals to develop comprehensive financial strategies that encompass investment analysis, risk management and cash flow allocation, as well as retirement, business, tax and estate planning. Carl holds a Bachelor’s degree in Materials Science and Engineering from the University of Bath, England. He has traveled to 20 countries and has lived in South Africa, England and the USA.

Dave Parkes

Dave provides financial planning services for owners of closely-held businesses. His previous experience includes co-ownership of a real estate investment firm and as a change management consultant for Accenture, working with Fortune 500 companies. He holds a bachelor’s degree in business management from Brigham Young University.