A. Pricing and Margin Optimization :
- This analysis allows me to analyze the “true costings” of each individual product and service you offer to the market.
- By quantifying the “hidden costs” I am then able to assist you in recognizing your current margins and make informed decisions regarding your pricing and margin model.
- You are then able to maximize your Gross profit on each product and service and make informed decisions with regard to your marketing strategy.
- Your sales staff are then able to focus their energy on products and services with the higher margins which obviously contribute and not “drain” your Turnover.
- We can then work on setting monthly or even weekly sales targets for each product and service and keep track of your progress towards your Targeted total Turnover for the year.
B. Expense Efficiency :
- This detailed review of a full years expenditure allows me the opportunity to identify costs within your business which may not be “Driving profits” and re-assess their impact within the business.
- Should the information be available I also include a 3 year review of expenditure and recognize trends within the businesses expenditure model, and how these trends effect your profits and may be directly related to Sales.
- This model allows you the peace of mind regarding upcoming expenditure and eliminates those forgotten “surprises”.
- It also gives you the “peace of mind” regarding the affordability of ad-hoc expenditure during the year (ie event sponsorships, testing new advertising and marketing strategies…and the like).
- This model forms the basis for future cashflow analysis, allowing you to “see into the future” regarding your cashflow situation and allowing you to prepare for any projected seasonal dips within your market.
C. Setup of Self-maintenance Scorecard Performance and Confident Cashflow model :
- This model is based on the Expense Efficiency model, tracking Revenue and Expenditure on a monthly basis over the remainder of the financial year. (This model cannot be effectively used without including the Expense Efficiency model above)
- An Individual industry and business specific scorecard model template is provided which provides ease of use to track performance targets on a monthly basis.
- This scorecard includes tracking Profitability and Efficiency in the area of Receivables, Payables and Stock.
- An easy to maintain Cashflow tracking system is included in this package allowing your current bookkeeper to easily populate and maintain on a monthly basis.
- The Cashflow model allows you to “see your bank balance in the future” providing an opportunity to prepare for seasonal lows and gaining trends in terms of Sales.
An alternative option is to sign up for
A Monthly or Quarterly Performance Analysis Review and Feedback.
- In this model I invest all the time related to the setup and implementation of all 3 packages (A + B+ C) above in the first month.
- And on a monthly / quarterly basis provide reporting and one-on-one Feedback sessions (at your premises / skype) relating to :
- Sales Performance for each reported month – based on unit sales and $ value (detail provided above)
- Expense efficiency : Actual vs Planned for each reported month (detail provided above)
- Profitability and Efficiency Feedback. (efficiency related to Receivables’, Payables and Stock) (detail provided above).
- Cashflow maintenance and feedback, allowing you to “see your bank balance in the future”.
- This option allows a complete analysis and rework of all Financial Performance measures with the professional monthly insight of a qualified accountant.
- Once the 3 month term has been completed, you are under no obligation to continue.
- You also have the option to continue with the Monthly Performance Analysis Review and Feedback on a month to month basis, with only a 30 day notice period required.
We find that in the beginning most of the business we deal with have a need for at least one of our packages, and more often than not more than one. The best way to determine your specific needs are for you to contact us on 0409081991. We can then arrange a free consultation to discuss your specific needs.
Confidential Policy: All data will be used only for the purposes of this service, and will NOT be shared in any way, shape or form with anyone outside of our conversation. Clients trust Confident Cashflows because of our discreet and confidential service.
