About your company's financial health:
- Feeling uncertain about your company's cash flow? Let us bring you the relief you need with our expert financial management services.
- Want to know more about your quarterly or annual Profit & Loss? Or net profit?
- Need to find out whether to hire a full-time staff member or a contractor to do the same work?
- What is my ROI (return on investment) if I were to purchase an oversized ticket item or hire a person?
- It is year-end, and I am not sure whether my books are up to date and clean for my CPA to file the company's taxes.
We at sFoundation Inc. are a team of consulting and fractional CFOs. Our former life was working as a full-time Chief Financial Officer, helping small businesses like yours manage their finance and accounting departments. Now, you can enjoy the convenience of our services without the need to pay a full-time financial manager, all at a fraction of the cost.
Step-by-step Process for Quarterly Financial Review:
- Conduct an initial meeting to gather relevant information.
- Prepare the Profit & Loss statement for the previous year.
- Prepare the Balance Sheet for the previous year.
- Review the previous year’s financial statements.
- Generate monthly Profit & Loss statements for the current year.
- Generate monthly Balance Sheets for the current year.
- Review the current year's financial statements.
- Prepare the Profit & Loss statements for the previous quarter.
- Prepare the Balance Sheet for the previous quarter.
- Review the previous quarter's financial statements.
- Develop a one-page financial analysis and recommendations document.
- Hold a second meeting to present findings and recommendations.
- Schedule a third meeting one month later to discuss updates and changes.
- Conduct a final review two months later to conclude the process.
This structured approach ensures thorough analysis and clear communication throughout the financial review process.