Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Wednesday, 25 January 2012

Consulting Bureau for Studies and Financial Analyzing Launches Nonprofit Initiative

(PRWEB) January 25, 2012

Today Consulting Bureau for Studies and Financial Analyzing (CBSFA) launched a campaign to help nonprofit organizations that are facing financial difficulties due to unreliable funding and low employee retention ratios.


"The inability to retain employees with high levels of expertise and competency has become one of the most common problems for nonprofit organizations," said Ikbal Abduljabbar, founder and CEO of CBSFA. "Being financially unstable it is hard to retain employees, especially with working conditions that are characterized by long hours and low wages compared to private-sector jobs."


With more nonprofits launching each year, competition between organizations is increasing, leading to less government funding. As a result many nonprofits are unable to retain employees, and subsequently complete projects. This often leads to postponement or cancellation of many projects, which may hurt the credibility of organizations, making obtaining future projects difficult.


Abduljabbar said, "Whether or not your organization is overly reliant on government funding, the key to longevity is to have a flexible cash management plan that allows you to handle sudden reductions in funding."


Budgeting and cash management plans may help nonprofit organizations preserve financial stability, helping them to finance human resources and stabilize employee retention ratios, leading to more projects and credibility.


CBSFA is now offering free services, which include financial statement analysis, budgeting and cash management planning through cash inflow and outflow management and controlling expenses. Regardless of the organization?s size, CBSFA will offer support. In order to do so they are maximizing their team efforts. Visit their website for an overview of their services.


"Our mission in this campaign is to provide nonprofit organizations an extensive financial analysis to identify their financially weak areas, and to provide them with solutions that are practical to apply," said Abduljabbar. "We are now offering nonprofit organizations an opportunity to strengthen their capacity. It is our way of showing our appreciation of their efforts."


"We strive to make CBSFA financial advisor that nonprofit organizations can rely on," Abduljabbar said. "We encourage managers and executives to act now and learn more about how we can serve them," Abduljabbar added.

Applications are now being accepted at http://www.financelyzer.com/nonprofits.

About CBSFA:


In 2011, CBSFA was established to help its clients make strong financial decisions. Since then, they have helped national and international clients with intelligent financial solutions. Today, their primary goal is to resolve financial issues that affect the financial world.


Contact:


Ikbal Abduljabbar

Founder/CEO

Consulting Bureau for Studies and Financial Analyzing

Phone: (347) 470-0779

Email: info(at)financelyzer(dot)com

Website: http://www.financelyzer.com


# # #







Related The Extensions Press Releases

John Thomas Financial Expands Investment Banking Division

New York (PRWEB) January 25, 2012

John Thomas Financial, a full service independent broker/dealer and investment-banking firm located in New York City?s Financial District, today announced the appointment of Avi Mirman as Head of Investment Banking. Mr. Mirman will be based at the John Thomas Financial Wall Street headquarters and will oversee all aspects of investment banking while leading the effort on public offerings, private placements and merger and acquisition advisory work.


Mr. Mirman brings to John Thomas Financial nineteen years of experience in investment banking. Before joining John Thomas Financial, Mr. Mirman was Head of Investment Banking at BMA Securities, where he was responsible for overseeing the entire deal process in addition to cultivating and managing key relationships with clients, service providers and funding sources. Prior to BMA, Mr. Mirman was recruited by GunnAllen Financial to establish a more substantial presence in investment banking, leading his branch to top the firm?s 250 nationwide offices in 2 years. He has closed over $ 2 billion in transactions over the course of his career to date. Mr. Mirman received his B.S. in Political Science from the State University of New York at Buffalo. Mr. Mirman holds FINRA Series 7, 66, and 79 licenses.


Another noteworthy addition to John Thomas Financial is Russ Steward, who will join Mr. Mirman at the Investment Banking Group as Managing Director. Mr. Steward brings twenty years of investment banking, merchant banking and private equity experience to John Thomas Financial, including several years working directly with Mr. Mirman where he focused on due diligence, financial analysis and valuation of small cap and micro cap companies for capital raises and financial advisory services. Prior to joining with Mr. Mirman, Mr. Steward was a Senior Vice President at SMH Capital, a division of Sanders Morris Harris Group, and worked with middle market companies. Mr. Steward has a Ph.D. in Business Administration from Century University in Albuquerque, NM, an MBA from the Anderson School at UCLA and a BS in Industrial Engineering from Columbia University. Mr. Steward is a CFA charterholder.


?As part of our expansion, and with Avi?s success on both sides of the capital raising spectrum, John Thomas Financial is now able to offer institutional-quality products to high net worth individual investors. We are very proud to have this team and its extensive expertise join the firm, further enabling us to provide greater value to our clientele,? said John Thomas Financial CEO Thomas Belesis.


About John Thomas Financial


John Thomas Financial, a member of FINRA and SIPC, is an independent broker-dealer and investment banking firm headquartered in New York City's Wall Street district. Emphasizing a client-centric approach to managing all aspects of its business, John Thomas Financial and its affiliates offer a full complement of retail brokerage, private wealth management, and corporate advisory services tailored to the unique needs of its clients. The firm publishes the Fiscal Liquidity Index a unique daily indicator that looks at government spending and its impact on the financial markets, as well as The John Thomas Financial Economic Outlook, a research report analyzing consumer sentiment, market outlook, credit cycles and dozens of other market influences. For more information on the firm, please visit: http://www.johnthomasfinancial.com.


###







Find More The Extensions Press Releases