What is Financial Analysis?
Helping you know, understand, and act on your financials, along with maximizing benefits and forecasting returns of your projects.
Why do businesses need it?
Knowing your financials is one of the top necessities for running a business.
Being able to analyze your financials to make sure you're on the right track, and investing in the correct projects, can make or break any company.
Digging into trends will help you not only understand your business more, but also help your future decisions to maximize your company's earning potential and improve your company's planning.
When you have a good grasp on your company's financial health, you can then introduce deeper analytics to not only see how top and bottom lines are moving, but things like your customer base, who is no longer buying, where you can target next, etc.
We, of course, offer that deep dive analysis as well!
What can we do for your business?
Don't just sell your idea to your team. Present it with the confidence of a Cost Benefit Analysis that financially supports your story and get a quick "yes" from your team and investors.
When deciding which project to do next, or whether or not to do one (ex. offering a new product, price point, or hiring a new employee), we go through a logical, data driven process to help you arrive at the option that maximizes benefits.
Cost Benefit Analysis
Forecasting future revenue, expenses, and profits is a very necessary exercise. We use a logical process where numbers are impacted by known or expected events so your financial future is clear, realistic, and easily understood.
This provides a great level of confidence for you, your team, and your investors.
Knowing your financial health is more than understanding your financial statements. It also includes the ability to examine your cost structure and see where you can save to run as lean as possible, along with a variety of "several layer deeper" metrics, such as:
Your most profitable products and variations
Appropriate price points
The potential to expand into new markets or locations
Your most profitable distributions
... and many more! We can help you get to that next level of financial understanding.