...make your business decisions with accurate numbers to back your innate knowledge
Many small business owners don't fly blind, but they do fly with a blind spot. The blind spot is usually an accurate and complete picture of their current financial situation. It is far too common for owners to commit to expenditure on the basis of financial information that is too old. This then becomes stressful for the owner, employees and/or suppliers who deal with that small business due to the knock-on cashflow impacts. To avoid this type of situation, decisions should be based on up to date financial information.
As a Cofficient client you will gain confidence from actually knowing how much money you have for expenditures such as your drawings, investments and statutory obligations. It is probably no surprise that Cofficient clients are more sustainable, with owners making better decisions.
“At any time, eighty percent of small business owners know within a ten percent range where they are, what they have to do and when they need to do it. Keeping all this “stuff” in their heads is no small achievement. But it counts for nothing when they get it wrong twenty percent of the time”. Ken Lipschitz