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Recall Ventures |
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Financial Health Checks |
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Control of the finances of a business is critical to a companys survival, growth and profitability. Key factors are setting out trading and cash flow budgets for the business over a twelve month cycle and regular monitoring of performance and updating of budgets. However, many businesses are too busy with day-to-day activities and administrative functions to do this thoroughly, if at all. |
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In order to make good management decisions, the directors of a company need to have accurate, up to date and realistic forecasts of their sales, purchases, overheads, gross margins, net margins and cash flow. Critical decisions about the future of the company, such as levels of employment, investment, salaries, sales, stock levels, debtors and creditors, overdraft requirements etc. should be made with up to date financial information, not just based mainly on gut feel and instinct. Without enough cash in the system, poor performing companies can go under while businesses performing profitably can see their growth restricted.
Business forecasts should be updated and reassessed continually in line with actual performance so that the company knows where it is heading as the years go by, not getting a shock several months afterwards when an auditor or accountant puts the figures together. Ideally, budget monitoring should be on a monthly or quarterly basis, but companies unable to commit to this should consider having their financial forecasting externally and objectively updated and analysed AT THE VERY MINIMUM twice a year in order to retain a degree of control on the business.
Financial Health-Check Stages Include:
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" ....invaluable professional support, value added partnership,
excellent business advice which my company scales on..."
MD, security company |
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Analysis of Sales Levels
Gross Margin Analysis
Cost of Sales Analysis
Review of Individual Overheads
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Stock Level Analysis
Overdraft Levels
Additional Funding Requirements
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For more information, please contact us at : |
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Recall Ventures
2, Changkat Kenari 2, Sungai Ara, 11900 Penang Malaysia.
Tel: 604-6592406
Enquries Hotline : 012-4775586
Email : Sid2338@yahoo.com Fax: 604-6460130 |
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Finance Services |
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