We see it over and over at company after company. What gets measured is what grows. That is why Financial Foundations for Sustainable Growth is not just a slogan for TP4. It guides every service we offer.
- BOOKKEEPING – If your inputs are incorrect, none of your outputs matter. A business needs solid, reliable daily and monthly processes and dependable bookkeepers who will execute on those processes day-in-and-day-out, every single month. Without this solid foundation of reliable financial numbers, you cannot expect your business to grow sustainably.
- CONTROLLERSHIP – Accurate, timely financial statements are essential to see where your business has been and to plan out where it is going in the future. Measuring how you are doing vs. your plan every month is the only way to know whether you are on track to hit your long-term growth goals and to know what areas of your company are helping you do that and what areas need to be corrected.
- CFO – Guidance from an experienced CFO helps you determine, measure, and track the right KPIs. You will be amazed at what happens when your KPIs align with your growth goals and you tie bonus compensation for key managers directly to whether or not they meet those KPIs.
- VALUATIONS – Far too many business owners are satisfied with their business simply creating a job for them. If this is the case, the stress, risk, and extra hours of business ownership are just not worth it. Ultimately, one of your major goals should be building the equity value of your business so that you have money to retire with and something to pass on to the next owner. Measuring the value of your business consistently and learning and implementing the tools for growing that value is the only way to accomplish this.
Let’s talk if you or one of your clients need help with any of these parts of their business.