Financial Analysis, Consulting and Coaching
Every business needs to keep an accurate picture of its financial health by monitoring its "vital signs," - the company financial statements.
Regular and careful review of the balance sheet, income statement, and statement of cash flows is necessary in order for you to make smart business decisions. Without this business intelligence at your fingertips, you are taking greater risks with your business and could potentially be working with inaccurate information.
Your business success also requires sound financial analysis. You need better visibility of the factors driving your business and your profitability. You need to monitor the proper metrics - and Greater Boston Bookkeeping and Financial Services will provide the leadership, consulting, and interpretation of your financial information.
Our financial analysis consulting and coaching services include:
- Management reporting and financial analysis
- Financial forecasting, budgeting, and business modeling
- Business, operating, and strategic planning
- Contract CFO services
- Accounting processes and best practices
One type of analysis, financial statement analysis, is a comprehensive process that takes financial reports prepared by companies and other pertinent information to evaluate past, present and future performance and the financial position of a company. In addition, it allows for certain economic decisions to be made such as:
- Evaluating an equity investment for inclusion in a portfolio
- Evaluating a merger or acquisition candidate
- Deciding whether to make a venture capital or other private equity investment
- Determining the creditworthiness for debt financing (banks)
- Extending credit to a company
We couple this analysis with additional tools and techniques to help "tell the story behind the numbers." These tools include ratio analysis (activity, liquidity, solvency, profitability, and valuation), common-size analysis, time series analysis, seasonality analysis, and forecasting. Once we fully assess a company's financial health, we then work to maximize company profits and strengthen the financial condition.
Call us at 978 662 5400 or email us at info@greaterbostonbookkeeping.com to discuss your financial analysis, consulting and coaching needs.