Quarterly Review

Have you asked yourself these questions?

Have you been in business for a while and feel like you are spinning your wheels?

Are you frustrated with the lack of profitability in your business?

Are you beginning to wonder why you started in the first place?

If Yes…

Then this Quarterly Review will help you get your business out of the mud and back on the road to achieving your goals. Imagine for a moment having complete clarity about the previous 3 months and what to adjust NOW so the next 3 months are on target to achieving your business goals.

What kind of metrics do we look for in your quarterly analysis?

Bank and credit card account reconciliation is verified.

Looking for several things that will detect bookkeeping errors or fraud.

Payroll is tied-out to the quarterly financial statements

Often this is done at year end tax prep is being conducted. There needs to be more time for the business owner to correct problems or prevent costly mistakes in Payroll reporting

Profit and Loss or Income Statement numbers are compared to goals and projections.

Projections are what you expect your sales and expenses to be weekly or monthly. Goals are benchmarks you set for the company. Projections drive goals

Evaluation of Key Performance Indicators

One of the performance indicators we use is Revenue Per Employee. We want to know how we can improve employee performance by implementing stats, using technology to improve efficiency, and providing additional training to increase their confidence and value.

Comparison to Industry Norms Are Called Out

The process of comparing a business to industry benchmarks is a fundamental exercise that can yield critical information on its relative strengths and weaknesses. This information, in turn, can be leveraged to improve business performance.