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Services

Outsourced Management

Is your company in difficulty?  Do you need a proven leader to come in and put in place strategies and processes necessary to take your business to the next level?

Novafilium can supply that leader.  As an outsider, we can come in and see the company through fresh, unbiased eyes.  We can utilize our decades of experience to understand what needs to be done and utilize the best methods to implement these eventual changes.

 

Outsourcing management allows businesses to save money, increase productivity and improve their ROI. 

Business Review

 

NOVAFILIUM utilizes years of expertise to help companies overcome difficult situations. We will look at everything from your product offering, the current markets you serve, your personnel, goals at all levels, and current strategies to understand where you are, how you got there, and how to get where you'd like to go. 

 

We will analyze this information and work with you to create a plan that will tie all aspects of your business together in a logical manner that will allow your company to build what was lacking and to rebuild  what was inefficient. 

 
 

Process Review

 

Clear policies and procedures make your company more efficient and increase quality at all levels.

 

Often times, a portion of a company's stagnant growth is due to inefficient and outdated policies and procedures.  Sometimes too many people are involved.   Other times, integral employees or entities are not part of a process.   

Processes are in place and the reasons behind them are forgotten and no longer necessary.  Novafilium will review these procedures and processes and help you streamline them.  We can work within your existing ERP structure or work with you to put a more modern ERP in place.  

Bookkeeping

Accurate and up-to-date financial records play an important part in the success of a business. And yet, bookkeeping is a lost art in America. 

 

Often handled by office managers who may or may not have taken some accounting classes in high school of college, real and correct bookkeeping using GAAP is often not a reality.  The daily tasks required to  properly maintain these records are often not known to the employee or are ignored and fall to the bottom of the employee's list of priorities.  Items are often misclassified, not recorded, or double recorded.  Bank statements are accepted as correct without a proper reconciliation. These actions cost companies money. 

 

Those who actually study bookkeeping in college, go on to get degrees in finance or they become CPAs.  They do not want to do "simple bookkeeping" at that point.  Hiring a bookkeeper with real understanding and skills to handle the accounting tasks in-house for the business becomes very difficult and expensive. 

Allow Novafilium to review your accounting methods and procedures. We can guide you to put in place correct Generally Accepted Accounting Principles (GAAP). We can guide and manage your existing personnel so that your account software has correct data put in appropriate accounts allowing you to have tax and audit ready financials. The less time a corporate CPA spends analyzing, modifying, and correcting company accounting data, the more money a company saves. 

Using outsourced professional bookkeeping services to prepare financial records saves money on certified accountants and on external and IRS audits. It improves relationships with banks and investors. Aging receivables reduce.  Costs lower and cash increases. A clear win for the company.

North American Sales for Foreign Manufacturers

The managers at Novafilium have unique and specific experience opening up branches and growing them in the USA.  We will provide complete transparency in our actions.  You will be in control.  Our interests are in your growth. We conduct all business in an honest, straightforward, and ethical manner at all times.  We are goal oriented and are driven by results.  We can work with you to find the right solution for your business whether that entails using an importer or distributor, creating a joint venture, or building a wholly-owned subsidiary.

Novafilum’s clients tend to fit into one of the following categories:

  • Businesses not at all present in the American market and looking to penetrate it;

  • Businesses with an existing presence but unhappy with their cost structure, sales volume or profitability, or current branch management;

  • Businesses selling through Distributors/Importers and who are looking to increase profitability, gain more control over these sales, and/or to directly increase brand awareness in this market.

  • Businesses that need an inexpensive foothold with fixed and manageable overhead costs.

Novafilium can show you why you should invest in the USA in the midst of this economy. We have the know how and experience to allow you to expand your business inexpensively and profitably in the American market.

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