Most businesses understand the need to price their products or services so they cover costs and make a profit. Understanding your business's fixed and variable expenses is the first step in performing a break-even analysis.
What sets higher performing businesses apart is how they use that information. In understanding your business, it is crucial to know what the numbers are telling you.
A lack of accurate financial information is a major cause of stress and concern for business owners and their families.
Appointing a Chief Financial Officer (CFO) in your business is one way to fix this problem, but many small businesses can't justify having a full time, experienced CFO.
Collins Hume's CFO Program gives you that access to the knowledge and expertise of an external or virtual CFO so you can focus on the critical financial elements of running a successful business including growing sales, managing key operating costs and improving profit and cash flow.
Unique Features of our CFO Program include:
- Annual budgeting and forecasting
- Accurate financial reporting
- Benchmarking and KPI analysis
- Regular meetings
- Access to specialists
- Goals and action plans
Planning and financial forecasts assist business owners to meet their performance objectives and to set realistic, achievable goals in order to have meaningful data and timely access to the information they need to plan.
Read more or download our factsheet here
The key outcome of our CFO Program is to provide you with accurate financial information in a timely and affordable way, so you can focus on growing your business. Let us know if we can work with you and help improve both the performance and success of your business.