When a
conscious CEO, just like you puts the following questions, they need to
be
addressed more
diligently!
-
How much did we make
and where is all that? - Your Cash flows need to be reviewed
-
How much working
capital do we need? and when do we need? What to do with surplus funds
or how to tackle deficits? - Your working capital needs are to be
assessed and Cash budgets need to be checked
-
How much minimum
business should we do to meet all monthly commitments? - Your
Breakeven has to be measured realistically
-
Are we spending more
than budgeted? - Our Variance analysis can address this problem.
-
Are we incurring any
avoidable expenses? where? How much? what's the impact on bottom-line?
- Your overheads need to be overhauled
-
How much to quote
for a new contract/Order. - Marginal cost analysis needs to be done to
find optimum solutions.
7. How much each
project/product/service is making?
- Contribution
analysis needs to be performed
8. Why Gross margin
is not consistent? or dipping down? - Your pricing and
Costing needs
to be examined
9. Is our business
running by itself or loaned by Banks and Shareholder’s funds? -
Changes in
Financial Position need to be observed
10. What's the worth
of doing all this business? - You need to measure Return on
Investment and
compare with risk-free investments.
11.Are we really
owning our business? Or simply managing it?
- Net worth
analysis provides the right solution