Why We Do It Because a business can't grow if it looks like this...
...or has more than 4 of these symptoms of financial weakness:
• No time to focus on business strategy
• No budget or off-target by wide margin
• Can't see profitability by product/service or customer
• Unsure of break-even sales level
• Financial statements not accurate, timely or meaningful
• Not sure controls & safeguards are adequate
• No key metrics to gauge critical success factors
• Don't know what next 8 weeks cash flow will be
• Trouble negotiating favorable banking terms
• No comparison of performance to peers
• Financial reports not aligned with strategy
• Unilateral responsibility for meeting financial targets
• Frequent calls from vendors about late payments
• Can't invoice customers within 2-3 days
• Can't collect receivables on time
• Advisors not proactive or growth-oriented
• No time to focus on business strategy
• No budget or off-target by wide margin
• Can't see profitability by product/service or customer
• Unsure of break-even sales level
• Financial statements not accurate, timely or meaningful
• Not sure controls & safeguards are adequate
• No key metrics to gauge critical success factors
• Don't know what next 8 weeks cash flow will be
• Trouble negotiating favorable banking terms
• No comparison of performance to peers
• Financial reports not aligned with strategy
• Unilateral responsibility for meeting financial targets
• Frequent calls from vendors about late payments
• Can't invoice customers within 2-3 days
• Can't collect receivables on time
• Advisors not proactive or growth-oriented
