and Cash Flow Problem-Solving Services
Philip's professional experience and background)
How to contact Philip:
3307 Starlight Vista • Round Rock, TX 78665
Phone 512 944 3520 • Fax 713 559 8356
Services and benefits
you take control of your cash flow.
a tool that provides a crystal clear view into the true cash flow
of your business. I use a unique and extremely powerful
2-page schedule that shows you exactly what’s going on with your
cash flow. This schedule provides the kind of insight and
understanding the traditional cash flow statement can’t.
earnings and cash flow projections you can trust.
insight into what’s going on “behind the numbers”. This is the
key to effective, confident, and profitable decision making.
areas where cash is being “trapped” on your balance
sheet. Then identify strategies to turn those assets back into cash.
ways to reduce costs in order to create more cash.
and implement strategies for restructuring debt successfully
when the cooperation of a lender is required to solve a cash flow
- Create an analysis
to reveal profit or loss down to the product or service level.
Almost every company has a number of products or services that
actually lose money, but they can’t see it on the face of the
Bring a CFO
perspective to a company that does not have a seasoned financial
executive in place.
information to investors and lenders about a company so they can
evaluate management, an acquisition, or other transaction.
I do a number of
speaking engagements each year for business related conventions or
In my presentation, I
cut through all the complicated and confusing accounting and financial
concepts business owners typically hear from CPAs and accountants and
give your audience a very simple, easy-to-understand, step-by-step
guide for taking control of their cash flow.
cash flow coaching and mentoring
This is a service for
clients who want me to be available for monthly phone or in-person
reviews, discussions, counsel, etc. regarding their new approach to
taking control of their cash flow.
Oftentimes this service
is valuable for a business owner who has the Peace of Mind schedule (the
cash flow projections schedule I teach in the book) up and running but
wants to have me available to discuss the schedule each month and
review tips and strategies for maximizing cash flow.
of Business Experience
years as the CFO of a national
franchise company and twenty
years of finance, senior management, and accounting experience
including six years in public accounting, start-up operations, an IPO on
the NYSE, involvement in 28 acquisitions, sale of 2 companies,
integration of acquisitions, implementation of new accounting systems,
experience in both small and large organizations and experience in rapid
My specific focus in my
consulting practice is on helping business owners take control of the
cash flow of your business.
Cash flow problems
lead to more business failures (both small and large businesses) than
almost any other single factor. It’s amazing how much easier it is to
manage and grow your company when you discover the secret to taking
control of your cash flow.
I can help you take control of your cash
Experience & Results
Concepts, Inc., Houston, Texas
1990 to 1997
The company is a franchisor of three of
the largest chains of art and framing retail stores in the U.S. and
Canada – Deck The Walls, The Great Frame Up and the Framing and Art
Centre. The company has 320 stores with combined sales of over
Vice President, Chief Financial Officer (and shareholder)
- Experience includes:
closely with my partners and the Board of Directors to complete the
sale of the company at 15.9 times prior year EBITDA.
three cost reduction strategies in the first thirty days of
re-joining the company that increased pre-tax income by $2.5 million
and reduced debt by 38% in the first twelve months.
a process in the first sixty days to take control of the cash flow
of the company and to provide cash flow projections for management,
lenders, and shareholders they could trust.
and implemented a tool for managing and monitoring the franchise
development pipeline. This tool significantly reduced the amount of
senior management time previously devoted to managing and
understanding this critical process.
managed the accounting, finance, human resource, information systems
and administration aspects of the company and its subsidiaries to
reduce costs and simplify processes. This included all aspects of
adherence to franchise laws, legal actions, collections, and routine
the administrative staffing by 25% while improving turnaround times
and service levels.
the acquisition of the company’s first international franchise.
Responsibilities included identification of a suitable target,
initial meetings and negotiations, due diligence, coordination of
documentation and legal requirements, and closing.
close relationships with the various shareholder groups, lenders and
investors. Made sure each party was getting the information they
on the senior officer team that set the direction of the company.
Retail Corp., Houston, Texas
The company (FRC) is a
retailer of manufactured homes in twenty-six states and is a wholly
owned subsidiary of Fleetwood Enterprises, Inc., a New York Stock
FRC acquired HomeUSA,
Inc. in August 1998. HomeUSA was a retailer of manufactured homes with
sixty-five retail centers in twelve states.
HomeUSA was formed by the merger of nine companies simultaneous
with an IPO on the NYSE in November 1997. Notre Capital Ventures
sponsored the transaction.
I was part of the
management team assembled in July 1997 prior to the time the Letters of
Intent were signed by the Founding Companies. We subsequently grew by
completing twenty-eight additional acquisitions and building ninety new
President, Controller (and
– Experience includes:
Served on the
Executive Committee with overall responsibility for the accounting
function of 240 retail store income statements and balance sheets.
Total revenues of $600 million and total assets of $450
accounting functions of twenty-eight acquisitions during an
eighteen-month period. Each
acquired company maintained an accounting center to account for
their retail stores prior to being acquired.
Led the creation of
a shared accounting center in Houston and reduced the number of
accounting centers by sixteen while the number of retail stores grew
by 300% (through acquisitions and building new stores).
Led the strategy to
implement a common accounting system throughout FRC and reduced the
number of different accounting systems by twelve.
implemented standardized accounting policies and procedures to
create consistent and comparable financial statements across all
in all aspects of the HomeUSA accounting and financial work required
to complete the merger of the nine founding companies and the
Initial Public Offering (IPO) on the New York Stock Exchange.
Managed the audit process, the preparation of the prospectus
and Form S-1, ran the model used by the investment bankers, and
participated in the discussions and analysis with the analysts who
covered the company.
for the accounting and financial reporting function including all
SEC reporting while HomeUSA was a public company.
due diligence support for the HomeUSA acquisitions team.
Andersen & Co., Houston, Texas
supervising and completing audits of public and private companies,
including consultation with clients on significant accounting and
reporting and regulations including an initial public offering.
and acquisition purchase accounting issues.
Mills & White CPAs, Beaumont, Texas
review and compilation of financial statements as well as corporate,
partnership and individual income tax consultation and return
with clients regarding strategies to help them make more money.
of financial models and review of growth opportunities.
University, Beaumont, Texas
1979 - 1983
BBA in Accounting
GPA: Major 3.4 / 4.0
My favorite past
time is studying business and
increasing my ability to add value
organization. I enjoy reading about business,
listening to audio programs, and studying what
other people are doing to add value and make
their businesses worth more money.
Need Help Getting
In my consulting practice, I only sign up a relatively small number of business owners.
This allows me to provide a much
higher level of care and attention than if I were to take on every
business owner that needs my services.
Call me at 512 944 3520 to share with me your specific problems and
challenges. We can then determine if I am the right person to help you
take control of the financial side of your business.
You can also
send me an email if you would
like to get started right now or to discuss next steps and costs.
Click Here to learn how you can have
Philip set up your Peace of Mind schedule for you.
Click Here to buy the book or audio
CD and learn
the step-by-step, proven process for eliminating your cash flow worries
and taking control of your business.
Do nothing! (this is a VERY expensive option).
Even if you only buy the book and audio
CD, you'll be
much better off by taking action and learning exactly what you need to
do to take control of your cash flow. That's a much more intelligent
decision than continuing to do what you've been doing.
Especially since they both come with a 100%,
RISK FREE guarantee. It provides value for you, or I buy it
back. No questions asked.
Click Here to buy the book and the
companion audio CD
completely RISK FREE.
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Eliminates Your Risk.
All our products
come with a RISK FREE,
no-questions asked, 90 day money back guarantee. If for any reason, or at any
time within 90 days of purchase, you decide this information isn’t right for you,
I'll refund 100% of your purchase price.
All the risk is on
me! These products
deliver value to you or you get your money back
- 100% guaranteed.
I'm that confident it will transform the way you manage your
The paperback is ONLY $16.95
(or ONLY $14.95 for the eBook version)
The Audio CD is ONLY $19.95
800 247 6553 to order by phone.
(we are available 24 hours a
day, 7 days a week)
Never Run Out of
Cash and The 10 Cash Flow Rules You Can't Afford to Ignore
are dedicated to helping you
eliminate your cash flow worries and take control of your business.
Why is My Cash
Flow Such a Mystery | Contact Philip