Do you realize only one business in five is still in existence after five years? Will you be the one or the five? How will your business compete?
You have invested a lot in your company in terms of money, time and energy. You are interested in learning as much as you can about successful business growth, then you are serious about doing the right thing for your company. Hence, in-house bookkeeping becomes critical to every business owner.
The real value of a good accountant or in-house bookkeeping is to measure what's happening in your business. If you were to think of your business as an automobile, you might divide the car into sections. Body, electrical, fuel, engine, drive train, tires and interior. The equivalent of your mechanic saying, "I think the problems in the engine", is the same as the accountant saying, "I think the problem is in sales."
In Ritz Consulting, we will provide the in-house bookkeeping and competitive analysis without having a permanent headcount. The competitive analysis is a statement of the business strategy and how it relates to the competition. The purpose of the competitive analysis is to work out strategies that will provide you with a distinct advantage.
The engine is very complicated and is comprised of many parts. Each part must be examined and eliminated as the cause of the problem. Mechanics and accountants do diagnostic checks. They measure how your business is operating against known norms. When they find deviations from those norms these are the problems of your business.
Our consultants in Ritz Consulting provide guidelines to companies that are newly incorporated or strive for business growth to avoid such situations: -
Cash flow Management issue
The business runs out of money before it can produce a profit on its own. This happens all too often. Your business checkbook is "off-limits" for your personal bills and expenses. That money does not exist for your use until well after you have reached the break-even level.
Failure to make accurate financial projections
How much will it cost to keep the doors open? In order to survive, you must make x sales per day at a profit of x dollars. Businesses sometimes change from month to month. Often there is no way of forecasting these changes. Some months are going to be better than others due to a variety of influences. Unfortunately, many business owners find this out the hard way. Create a projection with every possible disaster included such as late payments, late deliveries.
You can be assured that your company is in good hands. You will get timely analysis report on providing practical black & white solutions to business challenges. Satisfaction guaranteed and your queries would be replied within 24 hours. Enjoy special rates only given to our valued clients for a limited time.
Our dedicated consultants are responsible and show initiative in working with our clients. They have excellent testimonials from the organizations they work with.
Schedule your Free Consultation today. Please send us your information and enquiries at
ritzconsulting@linuxmail.org . Your enquiries would be replied within 24 hours. We look forward to your reply.
Yours faithfully,
Jennifer Tan
Ritz Consulting Singapore
Timely Information for Your Business
Mobile: 9683 2398
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