Professional Consultation

INCREASE YOUR PROFITS

  • Second set of eyes.
  • Second opinion.
  • Sounding board.
  • Resource for right answers.
  • Resource for connections in the business community.

INCOME STATEMENT INDICATES:

 -Which expenses are paying you back and should be increased.

-Which expenses should be cut back or eliminated.

-Which products are profitable and which are not.

-Which customers are profitable and which are not.

 

BALANCE SHEET INDICATES:

 -Assets

-Liabilities

-Equity

-Combined with Income Statement numbers indicate important ratios you can manage to greater success

 

Key Comparisons to understand and manage trends.

 -Last month vs. current month

-Last quarter vs. current quarter

-Year to date by month

-Current month to same month last year

-Current quarter to same quarter last year

 

BUSINESS ASSESSMENT

  • 20 key financial ratios
  1. Liquidity ratios
  2. Efficiency ratios
  3. Operating ratios
  4. Financing ratios
  5. Profitabilit ratios
  • Strengths and weaknesses
  • Benchmarked against industry averages for similar businesses
  • Recommendations to increase productivity and profit