Financial reporting
Income statements and balance sheets provide important information
about the current health of the business. If you don't have financial
statements in place, we can prepare them and set up systems to ensure
accurate, timely information to assess your business' strengths and weaknesses.
If your statements are in order, our expert analysis will provide new
insight to help you make the right tactical and strategic decisions.
Budgeting
and forecasting
The budget is a tool to manage expenses and quickly
identify new trends that could impact your future profitability. Forecasting
is the application of various analytical techniques to define future variables,
such as revenues. We can prepare, revise, and analyze budgets or help
you develop or refine your forecasting.
Cash
flow forecasting
Having sufficient cash available is typically the single biggest
worry for a growing business. Cash flow forecasting will identify seasonal
or periodic cash crunches, and enable the informed owner/manager to put
strategies in place before cash is a problem. We can set up or fine tune
your cash flow forecasting and help you use it as a business planning
tool.
Business
Plan Preparation
If you plan to seek investment or working capital from banks
or other lenders, you will need to provide a complete business plan outlining
your position in the market, the competition, the expertise of management,
and what makes your business or product unique, as well as historical
and forecast financial data. We can help you prepare or update every aspect
of your business plan.
Margin
Analysis
A clear understanding of where your profit comes from
and how it can be increased depends on understanding the profit per unit
and the relative profitability of various product lines or services. We
can analyze every aspect of your business and recommend how to increase
profits.
Project
Management
As a business owner, you must be on top of every aspect of
your business at all times. A major new activity-such as the introduction
of new equipment or a move to a new location-can distract you from current
or potential problems in established areas of your business. Whether you
need someone to manage a specific project or cover your ongoing work so
you can focus on the new activity, we can provide expert short-term assistance.
Our support will ensure that your business stays healthy throughout the
transition..