For Immediate Release
Atlanta, GA August 18, 2010
McDermott Financial Solutions CEO to Present at 2010 Georgia CPA Conference
Business Banking Thought Leader offers CPAs Important Perspectives for Advising Clients on Business Banking Issues
CEO Bill McDermott will be offerring attendees at the upcoming 2010 Southeastern Accounting Show (SEAS) keen insight in to the challenges of navigating the banking industry in this current economy.
In "Your Banking Relationship, a Case Study, McDermott will give perspectives on
- The current state of the banking industry
- The effect commercial real estate loans will have on banks and our economy
- Three case studies of banking relationships and how these clients successfully worked with their bank to get what they wanted
"With the changes in the banking landscape, clients are dealing with anything from their bank was just closed by the FDIC and their loan is now held by a bank they never heard of before. They may find themselves transferred to the Special Assets division of a bank and have no idea what that is and why they’re there. They may find themselves being asked to sign a forbearance agreement because their bank asked them to sign and they have no idea what it is or why they’re being asked to sign it." McDermott says.
Over 1,500 CPAs will attend the 2010 Southeastern Accounting Show, which starts Wednesday at the Cobb Galleria Centre in Atlanta.
About McDermott Financial Solutions
McDermott Financial Solutions is a business banking advisory firm for business owners. We leverage over 30 years of banking experience and contacts to provide a services comprised of loan packages, bank presentations and other consulting services to help companies ensure that growth will never be slowed by an inability to find financing. We're like a GPS for banking. Visit us at www.mcdfs.com
For Immediate Release
Atlanta, GA June 1, 2010
McDermott Financial Solutions Launches The Financial Health Checkup
"Business owners are having a hard time getting a bank to yes to their loan request, it may be time to understand why" says Bill McDermott, CEO and owner of McDermott Financial Solutions. The Financial Health Checkup is an important piece of the company's suite of business consulting services for business owners. It starts with a full analysis of the last three years of financial statements. The analysis presents trends in a company's balance sheet, income statement and cash flow that the business owner may or may not be aware of. McDermott Financial looks for changes in leverage, liquidity, profitability and activity and helps the business draw conclusions about their overall financial health. This is what a client said recently about their Financial Health Checkup:
"Bill's true value to a business owner is the ability to make the numbers simple and provide clear direction on what levers can be pulled to improve overall margins and profitability. I feel lucky to have found a real person, who has real knowledge, who builds real relationships and is a real joy to do business with!”
You might be thinking about selling your company to a strategic or financial buyer. The Financial Health Checkup can be an annual exercise to be sure you are on track to your business succession plan or exit strategy.
For further information, contact Bill McDermott at 678-597-8184
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