Profit & Performance Support

You already have a bookkeeper but you want the analysis.

Understand what’s really driving your profit

Your bookkeeping may already be well managed. Your accountant may provide regular accounts. But that doesn’t necessarily mean you’re getting the financial information you need to make good business decisions.

Profit Analysis & Performance Support is designed for established business owners who want to understand what’s driving their financial results, identify where improvements can be made and make more informed decisions about the future of their business.

I work alongside your existing bookkeeper, turning the financial and operational information you already have into clear insight and practical recommendations.

Does this sound familiar ?

Starting a new business and unsure how to organise the financial side
Unsure how much you can safely afford to pay yourself from the business.
Using accounting or other software but not getting much useful information from it.
Waiting until year-end to see if the business has made any profit.
Growing the business but realising you need better financial systems before things become more complicated.
Finding it difficult to see which areas of the business are most profitable.

If so, Financial Foundations is a good place to start.

The kind of things we put in place...

Every business is different so financial foundations is customised depending on your needs but here are some of the common things we help business owners with.

Setting up a Bookkeeping System

Set up or improve your cloud bookkeeping system, usually using Xero, so your financial information is organised, accessible and kept in one place. Put straightforward systems in place for managing receipts, invoices and financial paperwork so less time is spent chasing documents and information.

Meaningful Financial Reporting

Structure your accounts so you can see more than simply total income and expenses. Depending on your business, this might mean being able to understand different income streams, staff and supplier costs and other important areas of expenditure.

Cashflow Forecasting

Put a simple cashflow forecast in place so you can look ahead, not just at what has already happened. See what your bank balance could look like in 3, 6 or even 12 months, helping you plan for tax, larger expenses, quieter periods, investment in the business or how much you can comfortably take from the business.

The right performance measures

Your accounts tell us a lot — but they don't tell us everything. We can identify the additional numbers worth tracking in your business like leads and conversions. Where necessary, I'll create a simple way of capturing this information so it can be reviewed alongside your financial results.