Starting and maintaining a successful business takes hard work and dedication. Many people start a business and even more fail at a business. There are many weeks of long hours and weekends away from family and friends, to get your business where it is now. Our Associate at Pool & Associate, Chartered want to help you maintain your business and help it grow. We offer several services that can help improve your business by solving some common problems all business faces at some point.
Business Problem Solving
Even though different problems exist with any business, some common problems can affect any business. At Pool & Associate, Chartered we can assist you with those common problems. We can:
- Assist with loan applications for new or existing businesses
- Help you select the proper organization structure, since the structures are changing and are no longer just corporations (C or S) or partnerships
- Work with other professionals to help your business achieve your goals
- Create cash flow projections for loan proposals and forecasts
- Design information systems to aid your business internally and externally
- Create effective operating controls along with internal accounting procedures
- Advise you on computer and accounting software
- Train you in the various accounting software programs
- Listen to your needs and advise you as needed
- Assist in establishing pricing and credit policies
- Assist in other management issues as needed
Our Associate can also help in other parts of your business, including:
- Management tips
- Creating a budget
- Accounts Receivable
- Establishing a plan for “what if”
- Payroll
We are here to help in all aspects of running and starting a business. We want to make sure that your long day and lost weekends mean something for your business.
Profit Planning
One problem that occurs in a business is not making enough profit to cover expenses. Our Associate can help you create a plan to maximize the amount of profit your company generates. Profit planning is the process of determining how to arrange your operational budget so that the maximum amount of profit is generated. We can advise you on how to best use the resources you currently have by looking at key factors relevant to operational expenses. Some of the operational expenses we will look at are:
- Labor costs
- The cost of raw materials
- Maintenance and upkeep on facilities
- Cost of sales
- Marketing effort
After our Associate analyze the numbers, we can formulate a plan that would be appropriate for your business.