Because decisions can’t be made without facts
Businesses can be stifled by indecision, and the reason for not making a decision is invariably that the right information is not available to give confidence that the choice is the best option. Facts and figures should drive business decisions and the method of assessing them is through examining the insights from the operational, management and financial reports. The financial statements are the most widely recognised documents in decision making as they reflect success or failure of the business decisions previously made. For example, each item on the balance sheet represents a critical area which is sensitive to mismanagement thereby affecting the flexibility to make decisions. Poor cash flow is a good example of this. Strategic decisions can (and should) be based on both the actual (current) and historic data and trends, which in turn facilitates a more accurate forward looking cash flow forecast which is key to success.
Effective management and optimisation of your key numbers in your financial statements ensuring that they are neither too high nor too low will result in good decision making and secure success of the business. Whether the decisions you need or wish to make linked to your business planning and are strategic and tactical, or short term, or just to assess whether to go ahead with a specific project, we make sure you have the right financial information to hand.
We work with you and help you to interpret the figures from all your company reports, extracting the salient points relative to your decision options.
