Integrated profit and loss comparisons
Keep comparisons with previous years in a clean integrated spreadsheet that includes the profit drivers you want to monitor. You can visualise it quarterly, bi-annually or annually, depending on your … Continue reading
Time horizon to monitor
You could easily have a decade span of information monitored in your reports. You can keep along the last 3 to 5 years of finance and project for the next … Continue reading
Direct costs (or COGS) comparisons
Keep reports on variations of your categories of expenses that form your Direct Cost. That is your first key to ensure the profitability of your service and you want to … Continue reading
Cash flow reports
Your cash flow is important as a projection for future, not as past information. You don’t need to maintain cash flow statements year on year. You could keep ageing reports, such … Continue reading