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