Help to understand and manage your business finances
Management Accounts
These accounts are prepared with the specific aim of giving you information to help you run your business. As such they can be prepared on a quarterly, monthly, or even weekly basis, depending on your needs.
By understanding your business and your individual management needs, I produce regular accounts that fully reflect how your business is doing.
Jayne Doutch - GoodCall
Every business has key drivers known as Key Performance Indicators or KPIs. For example, how many new clients they have brought on board in the month or how long it takes they to collect customer debts. These KPIs are important to measure as part of monthly reporting and I help business owners understand what their KPIs are.
Helen Lacey - Red Berry Recruitment
To give you some pointers to help you understand your business finances I have written a guide, which you can download below.
Customer, Product and Project Profitability
Successful businesses understand where profit is derived. This is not as simple as running a profit and loss account every month, but requires analysis of the detail behind the headlines.
In particular, it is important to understand, which customers, products and projects bring profit into the business. Such knowledge can mean future sales and marketing effort is targeted to maximise future profit.
I set up systems to provide this information regularly.
Chris Ives - Base Structures
A key to profitable products and projects is getting your pricing right. This pricing guide is designed to help you to understand how to price effectively.