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Our
strength is sound experience and support in the Finance function.
You
may feel your systems are not adequate, that you need additional support
because your company is growing or stalling.
We
can work on your procedures, individual projects, review costs and overheads,
provide reviews against your plans/ forecasts.
Budgeting
your business and establishing a plan for the forthcoming year and monitoring
is key to financial control.
The
Financial health check list, how are you doing ?
Do
you have deteriorating debtor collections
Do
you have a reducing bank balance or an overdraft facility that is steadily
increasing
Do
you have increasing stock levels and/or deteriorating sales
Are
you slow to pay your suppliers' invoices
Are
you making payment with post-dated cheques
Are
you paying overdue supplier invoices when you have a new purchase order
or using dispute reasons to delay supplier payments
Do
you receive final demands and writs from suppliers
Do
you have to search for new suppliers to give more credit
Do
you have escalating VAT and PAYE arrears, or have received a statutory
demand for payment
You may not
have all the systems and experience in place to help give you these answers.
Please feel free to Contact Us to see if we can help you work through
a difficult time.
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If
your Finance function is not organised or you need assistance you may
want to Contact Us to see how we can help you.
Are
you organised in key business areas? Have you ...
A
current business plan
Established business costs and overheads
Reviewed the sales gross profit
Documented expenditure variances and know why they
happened
Reviewed your project cost and gross profit by customer
Prepared monthly management accounts for the Directors
monthly review
Reviewed performance against the projections on
a monthly basis
Up to date aged debtor (customer) and creditor (supplier)
reports
Reviewed and understood your financial position
Made provision for bad debt or any reasonable change
in trading
Made any contingency plans !
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