Achieve 360 Degree Vision Through Great Financial Reporting with The CFO Center
Learn Your Reporting Essentials
Assess Your Financial Health
Our CFO’s analysis of the numbers (and subsequent advice) greatly influences the strategic direction of the business and is hugely valuable.
Reports Are Your Map And Compass
To be successful, you and your senior managers need regular access to accurate insights into your business. When you know the reality of how your business is actually performing, you have a platform to work from and can make decisions based on the facts of sound financial reporting rather than speculation and anecdotal evidence.
Spot problems when they first emerge
See what’s working
Many businesses wait too long to introduce a proper business financial reporting structure, making effective analysis and precise planning impossible. With the right approach to reporting, you have a map and compass to chart a successful path forward. Well-constructed business reports are the secret weapon for CEOs and General Managers of ambitious growth companies.
Key Financial Statements
At a minimum, you need to have regular access to three key financial statements that deliver invaluable information that you can use to manage your company more effectively.
Showing what your company owes and what it owes at a given time
Showing how well (or not) your company performed over a particular period of time in terms of revenue, expenses
Cash Flow Statement
Revealing how your company spends its money and where the money comes from (cash inflows) during a period of time
Interpreting Key Financial Statements
Using financial ratios taken from the Income Statement and the Balance Sheet helps you interpret and measure performance in percentage terms rather than raw numbers. This means you (and banks and lenders) can compare your company’s performance with other businesses in your industry, with your previous results and with your projections.
Financial ratios can help you to answer key questions:
Are your operating expenses too high
Is the business carrying excess debt or inventory / stock
Are you customers paying according to terms?
Revealing your company’s ability to meet its financial obligations including debt, payroll, taxes, payments to vendors/suppliers
Helping you evaluate your company’s ability to generate profits
Showing you how – and how extensively – your business is using debt
Revealing how efficiently your company is managing certain key balance sheet assets and liabilities
A CFO from The CFO Center can help you know which financial ratios you should track.
Some ratios will be more applicable to certain industries and businesses than others, and it’s crucial to know when to review reports and how to respond to new insights. The CFO Center can help you identify key performance indicators, establish processes for daily and monthly review, introduce budgets and targets to develop focus, and much more.
Stop navigating your business in the dark. Discover the essential reporting you need right now.
Reporting in your company is crucial – and can feel complex. Don’t got it alone – inside this free 16 page guide you’ll explore:
A deep understanding of the 3 Key Financial Statements you need
How to interpret statements using 5 key ratios, including what to do with new insights
The main reasons for poor reporting so you'll know what to avoid
Explore more of how our approach to operational skills can help you and your business
Cash Flow Management
Let's Start Something.
Maybe you have something specific you're trying to accomplish in your business, or all you know is things could be better than they are. We'll help you figure out what's next - all you need to do first is reach out.
More than part-time CFOs, The CFO Center consists of financial and business experts, advisors and strategists who can help you define and deliver the numbers that really matter to you and your business, including increased profitability, better cash flow, and stronger strategies for growth.
© The CFO Center