Home Funding Formation Project
Management
Contact
High Impact
Projects. Compelling Cost-Benefits.
The entrepreneurial CEO must meet development
milestones, promote the technology, hire key staff
and secure funding. There's never a straight
line but delay is rarely an option.
On an as-needed basis,
Ken executes priority tasks and interfaces with key
vendors to help keep the CEO on course.
Measurable Outcomes and Costs
- Ken
managed down a client's dormant casualty and workers
compensation insurance
claims
-
Benefit: Released $400,000 collateral held by an
insurer
-
Cost: < 10% of the recovered funds for over
one-year part-time effort
-
Ken terminated' several under-performing executives
for two clients by
implementing objective performance appraisals
-
Benefit: Averted costly severance
and
litigation
-
Cost: < 1 pay-period of separated employees'
wages
-
Ken tracked down a client's 300 former employees
- some living abroad - and compelled them to transfer $4 million of abandoned
401k holdings to personal accounts
-
Benefit: The resultant
clean IRS tax opinion removed an obstacle to a management
buy-out of this public company
-
Cost: < 1/2 of 1% of asset value for six-months
part-time effort
-
Ken helped arrange a $500,000 working capital loan
-
Benefit: Afforded
a retiring owner time to negotiate a substantially
better sale price for the business
-
Cost: < 1% of loan for two months part-time effort
-
Ken arranged bids by competing banks for $200 million interest
rate hedges in volatile markets
-
Benefits: Saved real estate developers over $1 million in
broker fees and averted rate risk that
could sink project economics
-
Cost: < 10% of the savings
-
Ken renegotiated vendor contracts for two clients
-
Benefit: Saved $1.6 million, extending their ramp between venture funding rounds
-
Cost: < 1% of savings for one month part-time effort
Ken's background in project management, business ownership,
finance, contract negotiation and consulting level the playing
field for clients. The benefit-cost ratio
often exceeds 10-to-1.
"I
guess clients could call you The Velvet Hammer."
Gary J. Rossi,
CFO, Lincoln Property Company (Legacy Partners,
Inc.)
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