A. Initial “Looking back” review: “Combing the numbers for Boosted Profit” Review and Feedback.
This is the “looking back” review: This analysis allows me to analyse the “true costings” of each individual product and service you offer to the market.- By quantifying the “hidden costs” I am then able to assist you in recognising your REAL Gross Profit and make informed decisions regarding your pricing and margin model.
- You are then able to maximise your Gross profit on each product and service and make informed decisions with regard to your marketing strategy.
- Your sales staff are then able to focus their energy on products and services with the higher margins which obviously contribute and not “drain” your Profit.
- We can then work on setting monthly or even weekly sales targets for each product and service and keep track of your progress towards your Targeted total Turnover for the year.
B. Initial “Looking forward 12 month Plan”: “Set the Explosion Plan & Identifying and Controlling Expenses” (Budget) based on your unique business model
This plan allows us to “look forward” and plan for the future.- This is a detailed plan of the next 12 months Turnover / Sales expectations, related “hidden cost” quantification and other business expenses, This allows Confident Cashflows (with your unique business understanding) the opportunity to identify costs within your business which may not be “Driving profits” and re-assess their impact on profitability within the business.
- Should this be applicable to your industry and business, this allows us the opportunity to recognise and plan for trends within the businesses, and how these trends affect your profits and Cash flow.
- This model allows you the peace of mind regarding upcoming income and expenditure and eliminates those forgotten “surprises”.
- It also gives you the “peace of mind” regarding the affordability of ad-hoc expenditure during the year (i.e. event sponsorships, testing new advertising and marketing strategies…and the like).
- This plan forms the basis for future cash flow analysis, allowing you to “see into the future” regarding your cash flow situation and allowing you to prepare for any projected seasonal dips within your market.
Silver – “Balance and Stability” Monthly Financial Performance Review and Feedback
This “Balance and Stability” program is suitable for those business owners who really are committed making the necessary changes within their business to improving and maintaining greater profitability and better cash flow.
You will most benefit from this type of program if profitability and cash flow improvements are desired. You will also benefit from this program if you do not have the time / desire to delve into your businesses financial data to gain a better financial understanding. You may also have Turnover (Sales) or Profit targets, and would require an independent party to provide progress feedback towards these goals, based on your unique business.
This program includes Monthly Financial Performance Reviews & Feedback sessions and is designed to improve profitability (by product / service / group) and compare the results against expectations. It is also designed to improve confidence in sales expectations, expense efficiency within the business and achieve a better understanding of cash flow highs and lows over the following 30 – 90 days after the review
Gold – “Explosive Growth” Fortnightly Financial Performance Review & Feedback
This “Explosive Growth” program is designed for business owners who are determined to make instant changes and improve profitability and/or cash flow with immediate results with the intention achieve strategic growth and/or improvements in 2 – 4 months.
Your business may already be performing well but you know it is not yet achieving its true potential. You may need to tweak product / service pricing / costs, or require accurate, on time cash flow feedback and forecasting.
Your business may be experiencing exponential growth, and you may fear it “runs away from itself”. This program is designed to provide up to date, accurate feedback so decisions can be made quickly, without dire consequences to your business, the staff you employ or your family.
You may be planning Big Changes within your business (i.e. additional product lines, additional staff, equipment / office space improvements, and the like) which require more frequent feedback during this normally stressful period. This more on time accurate feedback may assist in keeping a handle on costs, and maintain growth without jeopardising the business and/or cash flow in any way.
