Testimonials From Our Clients

“Peter DeSmidt of DeSmidt Consulting Inc. has been extremely useful with his knowledge and expertise in the area of managerial Accounting. His solid understanding of our Accounting software system has helped keep our company going strong in these hard economic times. We would highly recommend him as a reliable addition to your business consultant staff.”

Stuart W.

“Peter DeSmidt of DeSmidt Consulting Inc. provided services to us for a period of 5 years. He has performed all tasks in an efficient and cost effective manner and has always met required timelines and accuracy expected from a professional service provider.”

Ivan B.

“Peter DeSmidt has provided Accounting services to us, on a part time contract basis since 1997. Peter’s strengths include his ability to work with limited supervision, to multi task at an organized and detailed level, to perform research at a comprehensive and thorough level, and to be able to see a project through to completion and on time. We appreciate the services he provides to us.”

Dan G.

“Peter DeSmidt has provided Accounting services to us, on a periodic basis, since 2000. We find Peter to be a reliable, highly organized and detailed oriented Accountant. His primary role as a subcontractor, to our company, was the gathering and analysis of financial data, journal entries, and the preparation of our monthly financial statements. We anticipate using his skills again in the future as the need arises.”

Richard B.

“Peter DeSmidt has been a consultant to us since 1999. We utilized his services often and he was particularly invaluable during our crunch periods. Through his extensive experience, Peter has demonstrated strong analytical skills coupled with a strong knowledge of overall Accounting procedures. He learns quickly, and pays exceptional attention to detail. I recommend Peter’s services to any firm that desires a seasoned Accountant who can make a significant contribution.”

Cynthia F.

“Peter DeSmidt of DeSmidt Consulting Inc. sold us our Accounting software upgrade. He installed the software, did file conversions, set up multi companies and has provided us with telephone, as well as, onsite support. The software is working very well and he appears to have a very good knowledge about our system. We appreciate what he has done for us and will continue use of his services in the future.”

Shirley A.

“I want to take the time to thank you for all of your help over the past weeks. It has been quite a strain to get all of our computers to function properly after the software upgrade, but with your help it has been easier. I cannot thank you enough for your courteous manner and quick response to our every question and difficulty.”

Beth D.

“Last year we recognized a need to upgrade our Accounting and management information systems. Based on your recommendations, which were endorsed by our Accounting firm, we implemented the new software and hardware. We have been extremely pleased with the results. The system performs as planned and fully meets our needs. There have been things which we had to learn which only served to confirm the value of your assistance. You took each item and quickly provided an explanation or solution that worked in every case. Your being available, listening carefully and thinking through each question made the system implementation a real pleasure despite the work. We really know you were part of our team. We look forward to a continuing relationship with DeSmidt Consulting Inc. whenever we need professional help in computer hardware, software, Accounting or management information systems.”

Josiah B.

“Peter DeSmidt of DeSmidt Consulting Inc. sold us our integrated Accounting software. He installed the software and has provided us with requested training and periodic Accounting and systems services. Before, we were using an outside Accounting firm to prepare our monthly financial statements. Through his efforts, he produces our financial statements internally, by our requested completion dates. With this we have saved hundreds of dollars per month and our statements are available approximately ten days sooner that before. We appreciate what he has done for us.”

Michael S.

“This is a note of thanks for all of your help over the past 18 months. We would never have been able to implement our computer Accounting system without your help or being able to consistently produce reliable and timely financial statements. I am an entrepreneur, without an extensive accounting staff and you have provided me with an invaluable service at a very fair price. I will be happy to recommend your company’s service to other small business owners.”

Jim B.

“Peter DeSmidt of DeSmidt Consulting Inc. sold us our Accounting software. He installed the software and has provided us with requested training and periodic Accounting and systems services. The software is working very well and he has a very good working knowledge level about the software. Through his efforts, and in conjunction with our software, he produces our financial statements internally. We appreciate what he has done for us and I would recommend his services to any small business that is seeking to automate their Accounting function.”

J. T. L.

“Peter DeSmidt installed, implemented and set up our financial reports on our software Accounting system. Through his efforts, he has saved us thousands of dollars per month in Accounting time and we are able to produce our financial statements weeks earlier than we were able to do with our previous system. We appreciate what he has done for us.”

Robert D.

“Peter was exceedingly proficient when assisting the company with any software issues we had. He was always helpful and professional with the support he provided for us and if ever needed, we would not hesitate to utilize him in the future.”

Aame H.

“I have used Peter’s expertise many times in the past and would highly recommend his services. He is hard working and dedicated to maintaining a high standard for his clients. As a small business owner for the past ten years, it’s always refreshing when I can find a service provider that lives up to their billing.”

Marc M.

 

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk and work with you on a regular periodic basis.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com to learn more about our business.

Contact us http://www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt,

Utilize Our Forecasting and Budgeting Services

A budget is a plan expressed in quantitative, usually monetary terms, covering a specific period of time, usually one year. A budget is a systematic plan for the utilization of human and material resources. In a business organization, a budget represents an estimate of future costs and revenues. Budgets may be divided into two basic classes: Capital Budgets and Operating Budgets.

Budgeting and forecasting are vital in maintaining control of your business, but it can be a time consuming task as budgets must be continuously updated with new forecasts becoming the targets to achieve. To be competitive, small business owners must plan and prepare for all future events and market changes. Possibly the most important aspect of preparation is effective cash-flow planning. Failure to properly plan cash flow is one of the leading causes for small business failures.

A healthy cash flow is an essential part of any successful business. Some business people claim that a healthy cash flow is even more important than your business’s ability to deliver its goods or services. That may be placing a bit too much importance on your cash flow, but consider this: if you fail to satisfy a customer and lose that customer’s business, you can always work harder to please the next customer, but if you fail to have enough cash to pay your suppliers, creditors, or your employees, you’re out of business! Proper management of your cash flow is a very important step in making your business successful.

A business plan precisely defines your business, identifies your goals, and serves as your firm’s resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs sales personnel, suppliers, and others about your operations and goals.

There are vast benefits to companies which follow budgeting and forecasting processes. Budgeting and forecasting allows you to identify the goals and objectives of the organization from sales, margins, employee, and cost levels. Companies will also be better equipped to plan their projects in accordance with a specific budget.  Budgeting and forecasting models are essential for company growth. Models help organizations establish and evaluate expectations for goals, sales margins, employees, and cost expectations.

DeSmidt Consulting Inc has extensive experience helping businesses set targets, prepare budgets and measure performance. We can fine tune budgets and forecasts on an ongoing basis and prepare periodic variance reports comparing the actual results to the budget plans.

Our forecasting and budgeting services include:

·       Budget Preparation, Reporting and Monitoring

·       Financial Forecasting and Modeling

·       Business Planning and Forecasting

·       Cash Control and Forecasting

·       Cash Flow Management and Analysis

·       Business Startup and Business Plans

·       Strategic Business Planning

·       Revenue and Expense Budgeting

·       Employee Benefits Forecasting

·       Employee and Human Resources Forecasting

·       Budget Comparisons – Actual vs. Budget vs. Prior Periods

·       Special Projects and Activities Budgeting

·       Income, Expense and Cash Flow Forecasts

·       Examination of the Working Capital Cycle

·       Cash Flow Projections

 

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk and work with you on a regular periodic basis.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com to learn more about our business.

Contact us http://www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt,