Opus Consulting Group hosted a webinar to discuss financial contingency planning and we thank all who participated and joined us. We presented a contingency planning framework and focused on financial stress testing. Participants gained insights into the contingency planning process to develop ideas for their...
I had the great privilege of hosting a workshop at this year's Startup Maine event with Jacob Gordon from North Atlantic Capital. The workshop was titled "Financial Modeling Made Easy: How to use Numbers to tell your story." The workshop was an interactive session teaching...
In a previous blog post we discussed the benefits that industry clustering has brought to the Maine craft brewing landscape. From knowledge spillover to increased access to suppliers, all signs point to industry clustering being a resounding benefit for an industry that’s been booming for the...
Andrew Wood interviewed with Matty B and Justin Starbird on the Proven Profitable segment. Justin Starbird is the CEO with the Aebli Group, a full-service marketing firm in Maine which is driving this year's Maine Business Expo. Check out our podcast to learn more about the Opus...
The restaurant industry is booming in Maine. Sadly, for one reason or another, not all make it. In recent news, many restaurant owners have failed to properly manage finances resulting in closing of restaurants, criminal charges, and in some cases jail time. Failure to fulfill financial obligations and subsequent bankruptcy can...
Opus was recently featured in Mainebiz's 2018 Factbook. This publication is an authoritative resource on all facts and figures related to Maine's economy. The piece on Opus was included in their annual Business Profiles section, touching on our founding story, thoughts from our clients, and...
There’s no doubt that national growth in craft brewing has been strong. In 1990 there were 200 craft breweries in the United States, by 2011 there were more than 2,000, and by early 2017 there were over 7,000. While national growth has been impressive, industry...
Opus Consulting Group was recently a sponsor of Startup Maine 2018. Startup Maine took place at the Maine College of Art in Portland from June 21-23. The three exciting days of events featured a variety of workshops, case studies, and networking events to highlight and...
We have all heard the saying that “Cash is King,” and any company’s end goal is to generate cash from a core service or manufacturing of goods. The Statement of Cash Flows can be seen as the most valuable tool in assessing a company’s true...