Business Performance
It's not all about Accounting and Taxes, they are all Retrospective, what your business needs is Business Performance Reporting, the Future!
We can help answer questions like What's going on now, what direction should I go in. how much Cash am I making and how much Cash do I need?
Our Management Reporting and Insight-driven decisions will help your Bottom Line.
How does Performance reporting work?
By looking at your books over the last year and analysing the data to get meaningful insights.
Our Analysis will produce Manage reports for you identifying the levers that drive your bottom line.
Once the levers are established Action plans and cash-forecasting will ensure the benefit is delivered to your profit.
Cash-Flow Forecast
Cash forecasts enable you to plan for the future. Weekly or monthly plans will build a budget of what needs to be achieved. Once you have a goal, the lever identified in Management Accounting can be pulled to deliver the profit.
Cash flow forecasting will also Identify cash shortfalls so they can be managed without stress.
Management Accounts
Management Accounts are at the heart of all analyses. They are different from Traditional Accounts that state what happened from a compliance viewpoint.
Manage Accounts looks at the numbers in more detail looking for Patterns and key drivers of your profit.
We will analyse your books and then walk you through your numbers so you get the full picture of your performance.
Analysis
We will produce a Custom analysis that delivers insights into how your business is running.
Customer KPIs are identified and tracked monthly. these are the true performance measure that helps understand what is going on and what is needed to be changed to deliver more profit.
IThe following metrics are examples of what is produced to increase the bottom line.
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Pricing
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Product Mix
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Profit Drivers
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Cost Drivers
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Break-Even Analysis
Traditional Accounts
Traditional Accounts still have their value and are required for tax compliance purposes with HMRC and Companies House.
We will start with traditional Accounts producing your Profit and Loss and Balance sheet to understand what has happened historically
Going forward you will Receive monthly Accounts explaining what has happened and the tax you need to save for reducing your stress.