It is extremely important for business owners to properly coordinate their personal life and their business life to avoid making dangerous financial decisions.  Many business owners have personal financial consultants to help them develop plans for their personal side, but they rely on a different financial consultants for their business, or do not use professional assistance at all.  As a result, many financial decisions are made that may help in one area, but can have disastrous results in the other.

Business owners also make the false assumption that their accountant will provide them all the input necessary to assist them in their business side.  Unfortunately this is not true.  If accounting were the answer, there would never be a bankrupt company, and all businesses would be successful.  For example, Fortune 500 companies employ the services of accountants; however, accountants do not run Fortune 500 companies and they are not the ones that do the financial planning for the firm - that is the job of the Chief Financial Officer.

BMA provides the services of a Chief Financial Officer for small to medium-sized firms on a consulting basis.  BMA's services include a complete and comprehensive analysis of the owner's business and personal side (a proper analysis must include both sides or else only "half the patient is diagnosed").   This analysis provides a complete review of the client's finances and reveals any problems or concerns that must be addressed.  From the analysis, the future results can be estimated.  A strategy is developed to provide the proper "medication" that addresses the problem and concerns, and a perpetual five year plan is developed.  The plan is reviewed on a quarterly basis to monitor the progress.  Now, the business owner can now make objective and informed decisions rather than subjective ones.