James Law’s - Etesian Group
You can find the Etesian Group at www.etesiangroup.com.au
Contact James Law on 0409 199 547
I can also be found on Twitter and Linkedin
Location – Perth Western Australia
Client base includes Western
Australia, South Australia and Northern Territory.
Why is it?????????
Why is it that so many managers / directors
concentrate on increasing sales, when in reality they do not really understand
their businesses current performance? Most businesses do not receive regular,
timely monthly profit and loss reports. Of those that do, most P & L’s are
poorly laid out and do not provide management with a proper understanding of
the businesses underlying performance.
The profit and loss is not the be all and end
all of reporting, however it is the pinnacle report which brings everything
together. As such it is the most valuable report. The P & L is not merely a
historical document. In its most common guise the only people really interested
in the P & L are your bankers and the tax man. Used properly a businesses
report, especially the P & L can become a valuable tool for helping
understand past performance and with that information clearly defined future
performance is unlocked, understandable and capable of being guided to extract
the best possible result.
Turnover alone is not the key to greater
profit. Many companies I have done turnarounds on have performed better with
lower sales volumes, but more targeted performance. This has resulted from in
depth analysis of the businesses operations and better quality reporting.
Do you understand the fundamentals behind your
businesses results? Are your businesses reports meaningful? Are you getting the
best possible reports that help management maximise performance?
Respectfully, for most of you………..I doubt it.
Give me a ring and set up a free appointment. Let’s see what can be done to
truly put you in control of your own destiny.
Cheers
James Law
0409 199
547
No comments:
Post a Comment