Are Your Profits and Cash Flow What You Expect – or Want?
Small, incremental changes can have a huge impact on your business. Understanding where to make these changes, and how, is essential.
Driving Financial Impact
Together, we follow a process designed to improve profit, cash flow and ultimately your company’s value. Understanding the principles and applying the concepts in your business will maximize the financial impact that incremental changes make on your business.
Focus on the Future
While traditional accounting and reporting typically concentrate on past performance, we’ll focus on 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 and apply them to the specifics of your business.
Planning
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 three key areas:
- Profit improvement
- Cash flow
- Financial health
You cannot control the results directly – only the activities needed to create the results. Together, we’ll determine the actions required to impact the plan.
A Plan without Action is only a Dream
Executing the plan is critical for your success. I’ll support you throughout the process while holding you accountable. I’ll also be available as an independent sounding board to offer advice and insights throughout our engagement.
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 ongoing. When the business cycle (year-end) is complete, we’ll analyze the overall results and evaluate the business’ performance. Then we’ll start a new business cycle with more knowledge, better information and a new set of objectives.
