About BIC

Management consulting, provided by seasoned consultants with both deep theoretical background and hands-on management experience, can add incredible value even to an already successful company. Focusing on the functional areas of accounting, finance and restructuring, BIC drills down into the core of every business – money. The flow of money and resources, the long- or short-term aggregation of money in fixed and current assets, the sources of long-term money inflows for the company from its stakeholders, and every detail of money inflows and money outflows during the operational processes, are, together with the management, analyzed and optimized by BIC consultants. A money-oriented view on the company helps to further strengthen value-generating activities, decrease the efforts for activities that do not add value, unlock money from assets with low returns, and optimize the capital structure towards achieving minimum WACC (weighted average cost of capital), under full consideration of the market prices for market-based financial risks.

In detail, BIC focuses on the areas of financial accounting, management accounting, budgeting and controlling, management reporting, cash management, risk management, debt management, and restructuring. Centered around the core competencies of its founder, Dr. Joachim Behrendt, BIC provides the management consulting services within the Nexum group, owned as well by Dr. Behrendt.

Name of author

Dr.Joachim Behrendt

Dr. Joachim Behrendt, founding partner of BIC Behrendt International Consulting,worked as a management consultant in the areas of accounting, finance and restructuring for numerous multinational, German and Turkish companies for more than 20 years.

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