Maybe
Cuba
Gooding, Jr. said it best, but it’s the performance
and profitability professionals that are making
good on this familiar statement. Business owners
today are smart – and sometimes cautious – about
working with outside consultants. Many demand
to see a return on investment scenario prior
to signing an agreement.
With
the new tools available to performance measurement
professionals, owners can immediately see how
simple changes in strategic areas of their business
can dramatically impact their bottom line. In
short, these tools can show you the money.
Accelerating
revenue growth through performance measures
continues to be one of the fastest-growing consulting
niches. Qualified professionals equip themselves
with state-of-the art tools that work well for
analysis and modeling, and offer business owners
an easy-to-understand interface for viewing
financial data.
On
the cutting edge, this technology presents owners
a real-time financial overview of his or her
business as well as specific information about
critical business drivers. Performance measurement
professionals can help with “what-if” scenarios
that will work to increase profitability. What
if I increase sales by X percent? What would
happen if I cut my inventory? How would cash
flow be impacted if I resolve an accounts receivable
lag?
Systematically,
these professionals can break complex financial
statement data into easy-to-understand performance
measures. Financial information immediately
becomes real and tied to day-to-day activities
– and outcomes. Suddenly, owners know
exactly what they must address to achieve their
desired company goals.
The
opposite is also true.
Company
owners that have immediate objectives, including
a certain cash flow threshold or an increase
in profits, can look to these well-equipped
professionals to provide the areas of business
to target to meet desired outcomes.
Goal
setting starts with describing exactly what
you want to achieve and by when. New software
efficiencies available to us combined with our
knowledge of performance measures can help you
plan and set goals, knowing you can achieve
them if you stay on course. Let’s get started.
Give us a call today!