Are Your Profits and Cash Flow What You Expect – or Want?
By making small incremental changes you can make a huge impact on your business. So understanding where to make the changes and how, is essential.
Driving Financial Impact
Together we follow a process designed to focus on improving profits, cash flow and ultimately your company’s value. Understanding the principles and applying the concepts in your business will maximize the financial impact incremental changes makes on your business.
Focus on the Future
While traditional accounting and reporting typically concentrates on past performance, our focus will be on your future results, by reinforcing the important connection between the financial results you desire and the activities needed to achieve them.
There is no magical crystal ball….but we can increase the likelihood of a positive outcome by using this process to your advantage.
Improved Business Acumen
Throughout the process, we will work with business concepts designed to maximize performance. You may already know them – that’s OK, these are tried and true concepts, so you probably do. We will reinforce their value, while they get applied to your business.
Whether it’s a refresher or its new-found knowledge, either way your improved business acumen will elevate your thinking as a business owner.
It’s difficult to get where you are going without a plan. The past will guide the future, so we’ll work together to develop a plan focused on improving three key areas:
- profit improvement
- cash flow, and;
- the financial health of your business
You cannot control the results directly – only the activities needed to create the results! So, together, we will determine the actions required to impact the plan.
A Plan without Action is only a Dream
Executing the plan is critical for your success, but this is up to you and your team. You will, however, be supported throughout the process while you are held accountable. Along the way, I’ll also be available to you as an independent sounding board offering advice and insights as needed.
Monitoring the Results
You can only manage what you can measure, so we’ll sit down regularly, roll up our sleeves and compare your results to the plan! If necessary, we’ll take a step back to make sure you have what you need to go forward. If this means revising the plan, then revisions it shall be.
A New Cycle Begins
The process doesn’t stop, it’s on-going. So when the business cycle (year-end) is complete we’ll analyze the overall results and evaluate the businesses performance. Then we’ll start a new business cycle with more knowledge, better information and a new set of objectives.