Profits

It’s time for your business to move on from traditional accounting. With our cutting edge approach to finance, you gain more than an administrative service. You benefit from an entire team who can actively strategise to boost your profit.

Profit is vital to small business because it impacts its overall ability to grow. 

So how do we do this? We act like virtual CFO’s for our clients, as many small to medium business owners cannot afford a CFO. We have created a division that specialises in providing CFO services to clients virtually for one tenth of the cost.

How do we improve the profitability of our client’s business?

VIRTUAL CFO

KPI’s – we determine the key performance indicators for your specific business and create dashboards that you can access daily, weekly and monthly so that you can make better informed decisions.

Critical drivers – these drive profit directly to your bottom line. Every business has 4-5 critical drivers unique to their business yet business owners don’t know them, manage them and hence drive them. They leave money on the table every time. We know how to identify them for each business and set up measures for them to focus on.

Budgets – we prepare budgets for our clients business costs for the next 12 months and differentiate between fixed and variable costs and come up with an break-even point, that is, how much money that need to bring in to make no money (break-even) and break it down to a daily/weekly or monthly number that is easy to know, remember, understand, and focus on.

Forecasting – of the sales and revenue targets for the next 12 months and then linking the budgets and cash flow to allow business owners to understand their cash position at all times. 90% of businesses do not do this. It will give you an edge!

Frequency – our Virtual CFO services including business analysis can be offered on a monthly, quarterly, or annual basis.

Services at SiDCOR under PROFIT:

Cashflow Management Strategies

Analysis, Advice and Reporting on Leads and Sales

Why do you need to make profit?

  1. The opportunity to employ more people
  2. It is essential for the survival of business
  3. It is your reward for the risk you have taken
  4. It indicates the efficiency of your business
  5. It allows you to have reserves for future contingencies
  6. It will overall increase the volume of your business

READ MORE about GROWTH at SiDCOR 

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