Are you one of those people that find it difficult to get your head around numbers?
Do the numbers of your business look like ant walking up a page?
Well the good news is that you’re in good company because many people relate to words far better than they relate to numbers. But that’s a problem because when you have a business, the financial numbers are one of the measures that determine whether you’re successful or not.
I’ve seen lots of different financial analysis software which is complicated and difficult to understand. It leaves many people more confused after using it than they were before they started.
I’m committed to trying to help business owners understand the financial aspect of their business and as a result I’ve developed a couple of pieces of software which can help in analysing the financials of a business.
Questions that I get asked by business owners include:
- How well do you think my business is going?
- Where’s the money gone in my business?
- I’m making profits but where’s the cash?
- What ratios can I focus on to make sure my business will succeed?
These questions told me that there was a great need to more simple financial analysis software. Many programmes have been developed for financial planners, accountants, financial analysts but at the end of the day business owners need simple tools which can quickly show them the health of their business.
In developing these two tools I had in mind that many business owners understand pictures and colours more than numbers so this has been taken into account in the development
Tool 1: One Minute Business Checkup
This free and simple tool relies on answering seven simple questions which will then be used to diagnose the health of your business. We recommend that you use this at least once a quarter to determine whether your business is heading in the right direction
To use click on this link www.oneminutebusinesscheckup.com
Tool 2: The Financial Fence
In planning your business you will probably use the well know method of
-
a. Work out where you are
b. Work out where you want to be
c. Get a plan to get there
We’ve taken this simple concept and applied it to the financial information of a business. And the beauty of this is that you get the whole of a business displayed on ONE page in the form of a fence
To get further information on the click on this link www.thefinancialfence.com
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