Is your head in the sand or can you see where your business is heading?
Posted 28 Aug 14
What profit did your business return last month? Is your profit margin increasing, decreasing or flat? Don't know the answer to these questions, why?
Understanding how your business is performing takes more than preparing the annual financial statements or producing the quarterly BAS.
Knowing the key drivers of your business and putting in place the right reporting and monitoring framework will mean you have the right information when needed to make decisions that will strengthen your business.
Without this timely and accurate information, it's impossible to really know how your business is performing and quickly adapt to problems as they arise. Why act when it's too late?
If you're not getting this reporting, or don't know what you need to be looking at, contact PKF to lock in an obligation free meeting and discuss what your business is missing out on.
Think ahead, Think PKF.