David Boyd Email & Phone Number

Utilizing over 25 years of relevant business experience David M. Boyd (DMB) Consulting provides small and medium sized business with strategic advice that has meaningful and immediate impact. The goal of every engagement is to provide business operators with assessment and evaluation of the risks that they face in today’s economy and assisting in developing strategies and plans to deal with the future. DMB has specific experience in:• Developing and automating client’s financial systems and processes and train client’s employees, all of which resulted in timely, meaningful and cost-effective management information systems and;• Developing and implementing integrated forecasting models that have allowed business owners to better understand the dynamics of their business and plan for the future. These financial models have also allowed for better communication between companies and their bankers.

• Responsible for developing knowledge of “Jonas” club software and helped expand its many applications.• Developed more extensive and informative monthly management reports.• Implemented a detailed forecasting model that allowed management the ability to look into the future of this cyclical business model.• Managed relationships with the club’s auditors, bankers, insurance providers and government agencies.

• Developed financial forecasts for the various companies within the group.• Assisted management in sourcing and buying two bookkeeping/accounting businesses to complement RBA’s growth strategy.• Assisted management in updating the procedures and processes employed by these new businesses.

Barrie, Ontario

• Developed an intimate understanding of “Jonas” construction software, including its report design capabilities.• Designed and established a custom tailored suite of management reporting tools that utilized existing corporate software (i.e. Excel) to model and automate daily activities.• Led the production of regular cash flow reports that allowed for real time adjustments.• Produced detailed job cost and Job analysis reports to control the progress of each job.• Produced holdback analysis reports that expanded upon the level of detail provided by the “Jonas” software.• Provided management with rolling budgeting and forecasting models to better measure performance and planning.• Managed relationships with accountants, bankers, bonding providers, insurance providers, tax advisors and government agencies.

Collingwood, Ontario

• Played pivotal part of management team that helped guide the company to doubling its sales revenues and staff complement and as well as establishing a branch in South Africa.• Implemented “Great Plains” accounting software as well as “FRX” financial reporting software.• Introduced procedures and processes for improving the timeliness and meaningfulness of monthly multi department financial statements.• Streamline internal procedures and processes for preparing monthly consolidated financial statements.• Established standard corporate protocol for controlling daily cash management of several different currencies.• Introduced budgeting and forecasting models to better measure performance and planning• Improved efficiencies to account for manufacturing activities, including labour reporting and material and overhead variances.• Managed relationships with auditors, bankers, insurance providers, tax advisors and government agencies. (In several different jurisdictions).

Ontario, Canada

• Implemented management and accounting systems for several companies including the training and motivation of the team members, including a distributor of tools with a staff of twelve and sales of five million dollars per year.• Provided troubleshooting accounting services to clients in order to bring their information systems under control.• Created business plans and proposals for numerous small and medium sized businesses. One such engagement was for a client manufacturing specialized construction equipment and resulted in the closing of a three hundred thousand-dollar mezzanine loan.• Raised capital for a number of companies. One such engagement involved the set-up from start to finish of an equipment rental business; including the preparation of a business plan, the sourcing of seed capital and the closing of term debt financing.• Brokered the sale of shares of several private companies: the largest being a private financial services company to a large public company.

Ontario, Canada

• Reviewed over one hundred investment opportunities.• Prepared and presented investment proposals to senior management.• Developed an active field network to maximize deal flow.

Toronto, Canada Area

• Reviewed hundreds of investment opportunities.• Negotiated various transactions including: the investment in a company developing applications and markets for water purification technology, the investment in a company developing applications and markets for Wankel engine technology and an investment in a company developing plastics technology for the toy industry.

Toronto, Canada Area

• Participated in all aspects of the practice from accounting, to auditing, to tax planning.Responsible for several management consulting projects including the installation of a mainframe based management system for a regional airline, to the interim management of a trucking company with sales of ten million dollars during a hostile shareholders dispute. • Involved in the sale and divestiture of a variety of private business units: the largest being the sale of a client business to a large public company.

Toronto, Canada Area