Archive for the 'Business' Category

Accounting — Your Management Controls

Accounting — Your Management Controls

Would you ever drive your car blindfolded? Obviously, not!

Nonetheless, every day millions of business owners drive their businesses without knowing their financial locations: where they have been, where they are, and where they are going. That sure sounds blindfolded to us.

As your profit and growth expert, my primary role is to ensure that you have the historical data that will tell you where you have been and where you currently are. With that information I can provide a professional consultation that will help you determine where you want to go while creating an action plan that will help you get there.

With this 360 degree view of your business, you can plan effectively and then track your progress against your goals. It will also help you anticipate obstacles so that, when encountered, you can easily maneuver around them rather than allowing them to slow you down.

With our help you can’t go wrong.

Being In the Black

universal-business-modelBeing in the black can mean a lot of different things. Most business owners, it stands for being profitable. When a business owner sets out on a new venture, establishing a profitable business is one, if not the only, primary driver. Unfortunately, too many entrepreneurs get lost in the day-to-day chores of running the business, and forget their main purpose.

McFarlin Tax and Profit Solutions (McFarlin TPS), as your Profit and Growth Expert, apply The Universal Business Model. McFarlin TPS’s primary role is helping you maximize the profitability of your business. With financial skills in hand, combined with access to a variety of analytical tools, each month I will focus my attention on your business’s financial position and progress.

wisdom-pyramidHere’s just a short list of those things you will be able to do with McFarlins TPS help as I use The Wisdom Pyramid to ensure that I improve your business’s financial position:

  • You will know how your business stacks up against the competition with the information we provide you in a professional business assessment.
  • You will understand the areas where your business is strong and where it can improve, and we will regularly provide you with suggestions on how to do it. Consider this a Day with your CFO.
  • You will be able to identify trends that expose the helps and hindrances to your business.
  • You will take advantage of tax benefits through regular reviews of your tax position.

By gathering the necessary information through the bookkeeping, accounting and profit & expense control process, I will be able to analyze the data and help you make the changes required to improve the profitability of your business. Whether you require an audit or a review of your finances, I can help move your business forward.

Day with your CFO

You probably visit your doctor for a physical examination every year or so. The purpose of this visit is to alert you to health concerns, discuss life changes, and identify remedial action required before it becomes too late.

Allow us to be your Chief Financial Officer (CFO) for a day. In this capacity, we can perform a financial examination that will assess your business’s fiscal health. In most cases, we will meet with you following an in-depth analysis of your financial results, and share concerns as well as ideas on how your business can achieve better fiscal health. At the same time we can discuss any upcoming business changes you are planning and determine how they can best be handled. As your Profit and Growth Expert, we are committed to elevating the health and vitality of your business.

It’s amazing how much difference we can make in just one day!