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Havard & Associates is a financial consulting firm providing services for businesses of all sizes. We are a consulting firm, pure and simple! Our sole purpose is to help you more effectively manage your business. Our professionals have experience in marketing, personnel, manufacturing systems, accounting systems and data processing. We've helped companies in such diverse industries as health care, public utilities, construction, transportation, banking and automotive. Havard & Associates is often asked exactly how we fit into a client's business. So we've prepared this brochure to explain in a short, concise way how we can help you get a handle on the financial and cost aspects of your business. Here are some questions business owners and managers have asked us:"I'm thinking of starting a new business. How can you help us?" "We want to investigate a new product line. How can you help us?" Business start-ups and expansions are a specialty of our firm. If your company is new, we'll analyze items such as your venture or working capital needs; prepare your proforma; even work with you on how much to estimate for office supplies, postage and telephone calls. We discover those important details that may down the road determine if your company is going to succeed or not. For example, one company forgot to consider freight charges on materials bought FOB shipping point. They forgot to include the effect of collections of accounts receivable on their cash flow. Both were major components of the projected budget. New companies often do not realize how high the cost of capital, equipment, installation or distribution can be. If your company is growing, Havard & Associates will help you analyze how expansion affects it. Should one product grow over another? At what point is a third shift practical? Or a new plant? If this market expands, what will happen over here? Are we ready for another distribution center? Where should it be? We can help you effectively plan for your optimal growth. "What is the worth of a company I'd like to buy?" We can quickly and completely perform a business valuation for you. And, we can look at its worth under different market and/ or economic conditions. Valuing a company may deal with areas such as minority buyouts, stock transfers and evaluations for tax purposes. Valuations for public offering, estate and gift taxes, merger and acquisitions are just a few examples of different types of valuations. We use a cash flow approach to value your business using sophisticated computer techniques that would be close to impossible to do by hand. Havard & Associates works closely with your C.P.A. in pointing out areas of potential problems. We put the financial data together and can even assist in the negotiations. "Why does our company need you? We already have a C.P.A." We work closely with C.P.A. firms and, in fact, get many referrals from them. We enhance the work they do. For example, your banker requires a proforma statement from you. Then, at a later time, he asks for different variables so you need another proforma. We quickly provide one because information is already stored in one of our computers. Our name and credibility is known in the community. If your banker hasn't heard of us, then your C.P.A. or attorney probably has.