Noak Associates Interns ltd
September 17th, 2007|
Noak Associates Interns ltd
|
Wokingham, Berkshire ~ Accountants
Management Accounting
About us:
Is your business really working hard enough for you?
To answer this, think of your business as having two parts to it:-
1) ‘Operations’ conceiving, designing, producing, selling and delivering your ‘product’ to your customers.
2) ‘Financial HQ’ that converts the profits into cash for your reward. How did you use the cash generated from sales?
Driving ‘Operations’ is your area of expertise and consumes most of your energy. Provided you have this under control, a good Operating Profit should emerge.
The ‘Financial ‘HQ’ is just as vital as an operating profit is not cash in your pocket! First the Operating Profit needs to result in a Post tax Profit. This is heavily dependent on the way you have chosen to finance your business. Secondly the business needs funds to pay out the profits. This is controlled by its Cash Flow. Finally the filed results are the measures that third parties will use to decide on what terms to trade with your business.
So, to answer the question of ‘Is your business really working hard enough for you’, you should be able to tick the following statements:-
a) Your business has:-
i. A clear objective
ii. A clear product related target
iii. A plan to get there
b) You measure its progress towards this
c) You do this on a regular basis
d) Last time you looked, there were no surprises
e) If necessary you change tactics to achieve the plan.
f) The cash flow is well managed and positive
g) Your financial structure is appropriate to your yield objectives
If the answer to some of these is no, I can help you to:
1. Analyse your current situation and really understand what is happening inside the business and the way the world sees your business
2. Identify the barriers to moving forward
3. Suggest and evaluate options
4. Help you implement these
5. proactively create/ review your business strategy
as my business is offering you focussed Advice and Guidance to improve Your business’ Profitability and your Reward.
Contact Details:
Noak Associates Interns ltd
8 Thomas Lane
Finchampstead
Wokingham
Berkshire
RG40 4RU
Telephone: 0118 932 8425