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Our solutions enable you to solve business problems, increase profits, quality, and provide increased employee morale and customer satisfaction.
Profitability Improvement is the goal of most organizations. FRS CONSULTANTS will perform a financial analysis, determining the best methods for profitability improvement and structure. We will work with the business owner and their selected staff to train them in the Profit Planning Process. The following are some of the financial tools we use:
- Present Accounting Review
- Activity Based Accounting
- Analysis of Financial Ratios
- Annual Budget Planning
- Cash Flow Management
- Key Indicators Report
- Profit and Expense Planning
- Variance Reporting
We are not about accounting principles, but productivity improvements, profitability, and growth.
- Q: How much does it cost to keep your doors open each day?
- Q: What is your break-even point for the month?
- Q: Do you know your contribution margin for the month?
- Q: What is your cost of quality for the month?
- Q: Do you hold your staff accountable for budgeted results?
- Q: Are you costing and pricing your services for profitability?
- Q: Do you know the difference between mark-up and mark-on?
- Q: Do you review with your accountant the aged listings of receivables and payables each quarter?
- Q: Do you know the labor burden rate for your employees?
- Q: What is your first line item on your operating expense statement?
- Q: What are some causes for low operating income?
How many questions did you answer?
"The job of management is not supervision, but leadership."
Call FRS CONSULTANTS today. We will train you to learn basic tools to answer these questions correctly and implement the right financial strategy for your business.
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