Available for HBEs with any annual revenue. The program provides assistance towards the cost of operational certifications (ex. TS-16949, ISO 14644-1: 2015, ITAR, AS9001:2016). Ideal for companies looking to expand or transition into a new market or industry which requires specialized training or certifications.

Ideally suited for companies ranging from $1 million to $5 million in revenue. The Business Bootcamp will include the development of a strategic planning and management system called a Balanced Scorecard and provide ongoing business and financial consulting for a year. The program includes:

• Development of a Balanced Scorecard to align the day-to-day work that everyone is doing with strategy, along with assisting in the prioritization, measurement and progress monitoring of projects, products, and services;
• Development of a twelve (12) month business improvement plan aligned with the Balanced Scorecard;
• Business owner coaching in all areas of the business; and
• Business development assistance with the HBeX Program Manager.

Implementation of a robust Financial Reporting Model which will provide a framework to create monthly financials, analyze variances and create key metrics which are viewable on a dashboard. Ideally suited for companies with $5 million or more in revenue and who are looking to establish a strong financial foundation for expansion and scaling of growth. The program includes:

Development of a customized model to track trends, analyze monthly performance against budget; 

A model which incorporates data from operations into overall viewpoints for leadership and ownership and aids in communication with economic stakeholders and financial partners; and 

Training Company personnel on updating and maintaining the model on a monthly basis.

Implementation of a cash flow model can be used to predict the economic impact of various strategic scenarios, allow the Company to have increased visibility in predicting and identifying opportunities to improve its cash flow and improved communication with its bank which can assist in challenging and times of growth. While a 13-week cash flow forecast model should be utilized by everyone, this model is ideally suited for companies with $5 million in revenue or larger. The program includes:

Development of a customized cash flow model for ongoing use within the Company; 

A comprehensive tool tying in a Company’s receivables, payables and upcoming financial commitments; and 

Training Company personnel on updating and maintaining the model on a weekly basis.

This is the HBeX program’s most comprehensive business analysis and the original program. Because of the type of engagement and depth of analysis provided within this program, a business assessment is best utilized for companies of annual revenue of $15 million or higher. This program will assess the strengths, weaknesses, opportunities, and threats of a Company and includes:

Comprehensive assessment of operations, finance, leadership and sales; 

Gathering qualitative and quantitative data through interviews with key employees and stakeholders; 

Company will receive a report which includes value creation and continuous improvement recommendations; 

Engagement takes approximately 4 weeks; 

Introduction to the HBeX Advisory Council that includes Purchasing Directors, Business Leaders, Finance Experts; and 

Business development assistance with HBeX Program Manager.