Financial Health Check
For any business, the control of your finances is critical to your survival, growth and long term sustainability. Without understanding what your financial accounts are telling you it is almost impossible for business owners to take good management decisions.
Whether you are running out of cash or concerned about how you will fund the future growth of your business; failure to understand the financial implications of the decisions you are making means you are running the real risk of committing financial suicide.
By completing this process you will not only gain a better understanding of your financial position, but you will be able to start to benchmark how your performance compares to some industry standards. This can be extremely helpful when setting financial Key Performance Indicators.
In order to complete our Financial Health Check you will be asked to enter various financial information taken from your last three years financial accounts, as well as your latest management information. The report will then analyse your historical financial performance and provide commentary on aspects of financial performance such as:-
4) Cash generation.
Based on the information you entered, you will be provided with a tailored report highlighting the financial stability of your business. The report will include a series of easy to understand ratios and explanations, along with detailed recommendations and action points. This will enable you to better understand just how your business strategy and goals will impact on your businesses finances.
As part of the process you will have the opportunity to have one of our BBE Consultants discuss these findings with you during your 45 minute one to one video conferencing session. This will ensure that you understand all the findings contained within the report, significantly aiding the implementation of the recommendations.
You can either purchase the Financial Health Check on its own for £495 plus VAT or select the PREMIUM Membership package to enjoy our members’ discount. This saves you over £240 plus VAT compared to the individual purchase prices for non-members.