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Business reviews
We like to take a genuine interest in
your business and not just write up your scorecard. How do we
do this?
- Firstly, if you have been in business for a few years, either
as an existing client or a new client, we then analyse the
results of your business over the last three years and go
back even further if necessary, e.g. to compare with a previous
change in business activity.
- Secondly, if you are starting a new business or wish to
formulate new business plans we can prepare profit and cash
flow forecasts for you to assess the viability of the business.
- We then review the key ratios of each sector of your business
for profitability, return on capital and, where necessary,
compare these ratios with industry or national standards.
- We look at the overall operation of the business and identify
its strengths and weaknesses and the opportunities and threats
to the business.
- We prepare a report, summarising the foregoing points and
making recommendations, which include development of the business
and succession planning, if appropriate.
BUT we do not leave you at that
point. We discuss the report with you to ensure that you agree
with the facts and recommendations. If necessary, we can assist
you in negotiations with the bank or other lending body for loan
or overdraft facilities in connection with the forecasts prepared.
We also assist you in implementing any of the recommendations
or find appropriate specialist advice for you.
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