Benefits of reviewing and understanding the financial reports of your business.

3 March 2017

Admin User

Most people who own a business will have an accountant that will prepare a set of financial reports and income tax return for their business.

Many of these business owners simply want to know how much tax they will need to pay.  This is a vital question but the financial statements also provide a wealth of knowledge which can give you a greater understanding of your businesses performance and provide opportunities to improve it.

From the financial reports, you can extrapolate Ratios and Key Performance Indicators (KPI), that will help you to measure and define your goals.

 

4 things that business owners do or have that help get them get the most out of their business.

What are Key Performance Indicators (KPI)?

The three areas that businesses want to improve in?

 

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

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