How can a business best measure its growth in today’s day and age?
With Christmas and New Year’s quickly approaching, it’s that time of year where most businesses would be filling in those last shipping orders, taking care of receivable and payable matters, closing out deals or preparing/completing their year-end. While some owners may be happy with their profit margins and productivity from their teams, are those owners seeing the finances of their business BEYOND the numbers from their accountant/bookkeeper? Is your accountant/bookkeeper providing you strategic intelligence to make your business more structurally sound to be successful in the future? If this has not been happening enough OR at all for your business, it may be time to re-evaluate your results.
One of the important services we provide here at Debits & Credits is long term strategic planning for your business. We look beyond the numbers to see where your business is at and where will it be in the next 5-10 years with your current setup. We can compare your business to industry standards using the benchmarks for that industry and will create a financial analysis report with those standards. You will see how you stack up with your percentage of sales, purchases and operating expenses compared to similar businesses in the industry. We then make recommendations to get your numbers to where they should be.
If your bookkeeping service is not providing you with enough financial strategic analysis of your business operation, please consider Debits & Credits as your one stop shop for meeting your financial needs. Our highly trained and qualified staff will analyze your needs FREE OF CHARGE on the initial consultation. Doesn’t hurt to get a 2nd opinion, does it? Call our office at 705-735-0022 or 855-735-0022 where one of our experienced professionals will be more than happy to sit with you and go over your finances. You need someone to take care of your finances while you can attend to running your business!
Grow your business, not your workload!