If you can measure it, you can manage it!
Unfortunately your annual accounts are ancient history. However monthly financial reports are the real deal and provide a real-time snap shot of your business’s health. If the bookkeeping is being done properly then producing accurate monthly financial reports should be a breeze.
You should be looking at your Profit and Loss Report, Balance Sheet, Sales Reports, Cash-flow forecast and KPIs every month – they will provide an important view of your business performance and clues to the changes that might be required. If you aren’t doing this, then contact us and we’ll get you sorted.