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:
-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
- 20 key financial ratios
- Liquidity ratios
- Efficiency ratios
- Operating ratios
- Financing ratios
- Profitabilit ratios
- Strengths and weaknesses
- Benchmarked against industry averages for similar businesses
- Recommendations to increase productivity and profit