Tuesday, 15 May 2012

Are your results truly meaningful????????


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 The P & L is not merely a historical document.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

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