It is usually recommended to do a quarterly financial review for any small business. This will ensure you know about your company's financial situation before filing your taxes. We will provide a quick analysis of your financials so you are prepared.
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 A Financial Review:
1 Generate monthly Profit & Loss statements for the current year
2 Generate monthly Balance Sheets for the current year
3 Generate current year Profit & Loss ratios
4 Review the current year's financial statements
5 Provide analysis and recommendations
This structured approach ensures thorough analysis and clear communication throughout the financial review process.