Though rare, there are some businesses that are not as susceptible to market risk, pricing risk, significant changes in their customer base, or persistent threats from competition.  In such cases, this can be good news in the sense that the operations are generally not volatile; and therefore, management involvement might be considered “turnkey”.

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However, the down side is twofold.

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First, there may not be opportunities for appreciable growth due to the unique combination of the product/service offering and the given local/regional market.  

While all businesses need to actively pursue growth opportunities through continuous innovation, the benefits of such efforts by firms with a generally proven predictable business model might take much longer to be realized and realize a nominal return the investment effort.

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Second, "complacency risk" is ever present when a business is comfortable.  There is nothing wrong with having a comfortable business, as long as it does not fall victim to complacency substituted for responsible financial management.

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Regardless of whether you choose to take advantage of our services, Mark of Excellence Financial Analysis & Consulting strongly recommends all businesses implement and follow a monthly cadence that includes a complete accounting close and preparation of the primary accounting financial statements.  That process should never be altered.

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Mark of Excellence is receptive to the owners/managers of lower-risk businesses with predictable operating results, wishing to limit the frequency of financial reviews to quarterly and to once every quarter, yet who wish to keep an eye on the pulse of the financial health of their business.   It is to these enterprises that we off our MAGNATE Plan.

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The MAGNATE Plan provides 12 months of careful analysis condensed into four quarterly reports plus a year-end annual report.  (Note:  All reports are based on the client's fiscal calendar.) 

We use our proprietary industry-specific benchmark data, and information from your monthly financial statements (Balance Sheet, Income Statement, Cash Flow Statement and Statement of Owner's Equity) supplied by you via electronic data transfer from your ERP system, for example, QuickBooks, or an electronic copy of your financial statements from your accountant.   You can rest assured, your data is never shared with any entity outside of our firm, and we treat all communications and consultations from our firm to you with the highest confidentiality.

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Yes, we employ your monthly-supplied financial data to prepare the quarterly

and annual reports.  This gives Mark of Excellence an opportunity to assess any monthly anomalies for inclusion in our analysis and consultations with you each quarter. 

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To get the process started, enrollment begins with receipt of the first installment assessed at the time you select the Plan and complete the checkout payment process.   We will then send you a form requesting certain financial information about your business and other necessary profile data that will be used to create a customized version of the MAGNATE Plan specific to your business.  Servicing of your plan begins the following month upon receipt of your four financial statements for the current reporting periord (plus statements for the prior period to assist in the initial set-up), due by the 15th business day of the month.  [Note:  To facilitate having your customized plan ready for the first servicing period, the completed request form must be returned to us within 7 calendar days of receipt.]

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Turn-around of our quarterly servicing (financial statement analysis, market data analytics, and generation of our proprietary 9-Point Financial Analysis Report) is usually within 72 hours of receipt of your 3rd monthly financial statement each quarter.

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Finally, we will schedule a monthly 30-minute one-on-one video (or telephone) review with you to go over the 9-Point Financial Analysis Report, answer any questions, and provide you with our observations and recommendations.

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The monthly cost of the MAGNATE Plan is $175.00, which includes intial set-up, monthly servicing, reporting and consultations. 

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It is our goal that you will not only see the value in our professional services, you will begin to incorporate this value into the daily operations and strategic planning of your business.

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This Plan is perfect for keeping a watchful eye on the financial health of your business.  Sign up today or schedule a free consultation to learn more!