Cash and Profit

  • Improving your bottom line
  • Establishing effective reporting processes
  • Manging cashflow
  • Improving financial understanding

Improving your bottom line

Turnover growth is really important but it has to be balanced by stable or improved profit margins. Understanding your margins and knowing what levers you have at your disposal to improve these is one of the most important areas of running your business.

We’ll help you:

 Implement a bespoke 5 phase profit plan to improve gross and net margins

 Identify, monitor and manage the key activities and drivers of profitability in your business

 Understand your margins very clearly in terms of revenue streams, customer groups and product/service lines.

Managing cashflow

As your business grows it will almost certainly require more cash to fuel its growth. Understanding and optimising your cash cycle, anticipating funding requirements and good credit control processes are essential elements of creating a top performing growth business.

We’ll help you:

 Anticipate cashflow challenges in advance through effective cash flow forecasting.

 Improve your cash position by helping you understand your cash cycle and implement strategies to reduce this

 Tighten up credit control

Establishing effective reporting processes

Don’t make decisions in a vacuum. Make sure you have the right management information in a sensible format that you and your team can understand and act on easily.

We’ll help you:

 Clarify what reporting you need, how frequently, and why

 Anticipate and manage key numbers in real time by implementing Key Performance Indicators(KPI’s)

 Create budgets and forecasts that map out your profit and turnover goals

Improving financial understanding

You don’t have to be an accountant to run your business effectively, but you do need to know which numbers are important, how to analyse them, and how to balance turnover, growth, profitability and cashflow

We’ll help you:

 Understand your financial statements (balance sheet, P&L and cash flow statement)

 Calculate your breakeven and how this changes as margins and overheads fluctuate

 Improve your general understanding of relevant concepts and ratios

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