Chestnut Associates has provided management solutions to businesses facing financial and operational challenges.  We act as leaders and catalysts addressing transitional issues.  Typically, our role is that of CFO, COO, or consultant.Through the past two decades, Chestnut Associates has enabled clients to unlock the full potential of their business assets.  A rapid response to current problematic situations is coupled with an infusion of energy and morale into the corporate being. The business solutions designed and implemented are specific to each situation. The tools we use include 'best-of-breed' technology-based business process improvements, and documented and proven abilities to do restructurings, recapitalizations, refinancings, equity placements, and acquisition or divestiture of product lines. We are experienced in the SEC compliance requirements of a public company - Registration Statements, SOX, GAAP, Controls, Audit Committee and budgeting. The immediate and ultimate goal is the satisfaction of all stakeholders - creditors, shareholders, customers, vendors, and employees.Client profile includes companies experiencing rapid growth and companies requiring a turnaround or restructuring, especially those under pressure from their bankers.

Managerial finance is the branch of finance that concerns itself with the managerial significance of finance techniques. It is focused on assessment rather than technique.

The difference between a managerial and a technical approach can be seen in the questions one might ask of annual reports. One concerned with technique would be primarily interested in measurement. They would ask: are moneys being assigned to the right categories? Were generally accepted accounting principles GAAP followed?

One concerned with management though would want to know what the figures mean.

• They might compare the returns to other businesses in their industry and ask: are we performing better or worse than our peers? If so, what is the source of the problem? Do we have the same profit margins? If not why? Do we have the same expenses? Are we paying more for something than our peers?
• They may look at changes in asset balances looking for red flags that indicate problems with bill collection or bad debt.
• They will analyze working capital to anticipate future cash flow problems.

Managerial finance is an interdisciplinary approach that borrows from both managerial accounting and corporate finance.

Sound financial management creates value and organizational agility through the allocation of scarce resources amongst competing business opportunities. It is an aid to the implementation and monitoring of business strategies and helps achieve business objectives.
                             - Wikipedia