Improve Your Business

Using our Business Analysis Service

"A value-added benefit that begins where financial statements and tax return services end"

Like most business owners you are probably more worried about having the cash available when you sign your employee paychecks at the end of the week.  Or, you are concerned with the bills coming due in a couple days. You worry about having the necessary financing in place to carry your business through its seasonal cycles.
In essence, you are too busy worrying about doing business to worry about improving the business.

But, it is critically important to your long term business success that you  be able to monitor the pulse of your business through benchmarks. This starts with getting answers to important questions you find yourself asking such as:

What is my gross margin and how does it compare to my industry peers?

What are my fixed costs per month? Will adding additional fixed costs improve my operating effectiveness?

Should I have a more formalized process for new customer credit approval?

How can I track customer satisfaction to determine if I am meeting or exceeding my customer’s expectations?

Do I know how to describe my ideal customer? If not, then how will I strategize my marketing campaign and in what areas should I spend more advertising dollars? Do I need to established annual sales goals?

Does my employee compensation system effectively encourage increased productivity, revenues and gross profit?

Am I doing what I should to effectively manage my accounts payable disbursement practices to maintain good vendor relationships, vendor pricing, and my credit rating, while at the same time still delaying cash outlays as long as possible?

Would I benefit by preparing an annual budget and monitoring my actual financial results against it?

Do I currently have the resources to grow my business without experiencing cash shortages?

If you are like many business owners, you probably struggle to find answers to these and many other such questions. But, the problem is you just don’t have the time available to go searching for statistics about your competition. Plus, even if you did, unless you have a thorough background in finance, isn’t it fair to assume that you would not be able to interpret the data even if you knew where to look and had the time to dig for it?

This is where we offer a solution to help…

Our Business Analysis Service will assess the health of your business and provide you with a written explanation of your financial statements. Within this report, we will show you ratio analysis of your company, industry comparison benchmarks to your business, and trend analysis to depict the financial health of your company in plain language. It’s like getting a report card for your business.

So, if you really want something different from the same old tired financial statement, this service is exactly what you have been looking for. It is the perfect complement to better understand and improve your business. If when you look at your financial statements, all you see is numbers, we will show you what we see in those numbers that you really need to know and understand in order to grow and succeed with your business.

One of the things that makes this service unique for privately-held companies, is that the industry group data we use for benchmarking is extracted from other privately-held companies just like yours – not from big publically traded companies that bear little resemblance to the way closely held businesses operate. Also, our benchmarking data is geographically filtered so that your business in Eastern Pennsylvania (or wherever) is being compared against similar business within your same region.