Financial Analysis

No company can be successful without fully understanding its financial position. Having this understanding is a function of having accurate financial statements and knowing how to interpret them. It allows you to know whether you have enough or too much inventory; whether there is theft or wastage; whether you have enough working capital for near term needs; how your company compares to others and much more.

In addition, for most companies, financing is the the life blood of their business. Without it, they cannot maintain their operations or grow their company. In order to provide funding to the company, the funding source will require not only adequate profitability, they will also expect solid and accurate financial statements on which to base their decisions. Therefore, it is critically important for a business to have solid and accurate financial statements if the business is going to acquire necessary funding and be successful.

We find many businesses do not have a good handle on the condition of their business due to either a lack of knowledge in analyzing financial statements or because the financial statements are incorrect. In some cases, the financial statements  are not set up in a suitable manner for the type of business. This lack of clarity can cause you to have: Incorrect amounts of inventory; profit-eating inefficiencies; theft and wastage; general under-performance leading to insufficient revenues and profitability; and an inability to acquire needed working capital. All of these things will cause your business to have minimal success or out right failure.

Let us help you with a business health check up! We can assist you in analyzing your financials to learn the true condition of your company’s health as well as make sure they are set up correctly for the nature of the business. We can provide you with guidance in making improvements to your overall business operations. We can prepare you to meet with a financial institution by identifying anything that might be of concern or discuss what you would need to do to be eligible for a loan or other financing. Our experience and expertise is why many financial institutions recommend us to their clients.

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