Services for Your Business
If you are an owner of a privately-held business, your business is probably one of your main assets that generates current cash flow for you, your family and your business team. Also, when you divest of your ownership of your business, you may be able to sell the business to help fund your retirement years. The more profitable your business operates in the years prior to a sale, the more cash it generates, and the more valuable it is to a prospective buyer. Therefore, it is important for the owner to make sure the business generates sufficient profits to meet the cash flow goals of you, your family and your business team, currently, and in the future.
As a business owner, I understand that on some days you need to focus all your efforts to meet the needs of your customers and your team. However, a wise owner will invest time as needed to plan sales, costs, profit and cash flow targets. That owner will then read financial reports during the year, to compare actual sales, costs, profit, and cash flow results to the corresponding targets, to see if the business is progressing towards meeting the owner’s cash flow goals. The owner uses the information to identify favorable and unfavorable trends, and will take action to improve profitability and cash flow. To be able to do this, you must have an accounting system in place from which you can easily generate timely and accurate reports that contain data useful to management.
My Firm can help you an owner to implement an accounting system for your business that will provide you with the reports you need to monitor your financial progress to make decisions to meet your cash flow goals. Also, my Firm can help you to read reports, and focus on key areas that impact cash flow most. We can even provide the function of “a Board member” by meeting with you to discuss the actual to targeted results, and asking you for explanations for unexpected changes.
Please click on any of the links below to learn more about the services I perform for my business clients.