McHenry Consulting
SERVICES

McHenry Consulting is a boutique consulting firm which specializes in the PEO and staffing industries. The firm brings nearly a century of business experience amongst its principals and consultants which includes executive management, operational, sales & marketing, IT, financial and business advisory experience. The principals backgrounds include tenures at some of the largest international accounting firms, consulting firms, universities and professional employer organizations (PEOs) in the country.

Whether you are a start-up, developing or emerging market, or large PEO, the Firm has a rich and diverse expertise which can assist you in whatever stage of the business life cycle your company may be entering.

Our services include:

· Accounting systems review for internal control & efficiency

· Audit work paper preparation

· Budgeting & Forecasting systems implementation and review

· Business plan preparation

· Business process review and documentation

· Business Valuations

· Expert witness/litigation support

· IT solutions, including use of an Application Service Provider [ASP] platform

· Management efficiency reporting

·Merger & acquisition

· Organizational development· Organizational development· PEO auditing programs for carriers

· Profitability analysis

· Reconciliation

· Recruiting & placements

· Risk management advisory

· Sales & marketing advisory

· Software advisory & selection

· Strategic planning

· Training and motivational seminars

· Turnkey start-up solutions

· Vendor referrals or negotiations

· Workers compensation advisory and carrier referrals

· Workers compensation risk management certification assistance

The following is an example of the bundled services we can provide:
Remote Business Advisory Services
Ever wish you had someone to talk to that may have already been through what you are going through? Whether a simple or complex issue, why take a chance when you can access a wealth of experience with your own business advisory board.

Customized Business Advisory Services ( Customized to fit your needs)
We will design with you a rotation from the above services to fit the needs of your company. Whether advisory or project related, whether delivered on site or remotely, we will tailor a program to fit your needs.

Business Valuations
Do you know what you are buying ? A business valuation is an excellent screening tool to make sure that you know the company you are buying and what it is worth .

In addition, did you know that you may need a business valuation completed if you have purchased companies in the past ? if you have completed an acquisition in the past and are carrying goodwill on your financial statements, then you may be in need of a business valuation every year to determine if the goodwill has been impaired. For more information, please contact your financial advisor for the impact of FAS 142 or the following link :
http://soba.fortlewis.edu/sellers/Advanced%20Financial%20%20(Special%20Topics)/FASB-OP142.PDF

Business Plan and Industry Assessment
Initial consultation, development of assumptions, full business plan and five year projections, vendor referrals, and industry assessment.

Initial Set-Up and Training for HR Pyramid (formerly ScorPEO)
Initial set-up and rules for HR Pyramid including on site training, set-up of initial chart of accounts for general ledger, and NACHA processes for Accounts Receivable and Direct Deposits. Former PEO operators provide customized rules templates, processes and procedures, and checklists which will ensure a smoother transition than the traditional installation process.

PEO Business Review
This package is suited for the developing or mature PEO that is at the point of assessing its strategies to reach the next level. This review includes a review of (1) the business and marketing plan, (2) products and services, (3) financial and gross profit mixes, (4) client profitability, (5) underwriting policies, and (6) work processes. This package comes with a final report with findings, observations, and recommendations for improving your business model.

Principals of the Firm

Daniel S. McHenry
Barry S. Jolly
Frank D. Puissegur