Accurate, meaningful and timely information in a language you understand
Financials
Switch Financials are unique in the world of business financial reporting.
Using the same data you gather for tax reporting, they accurately analyse the present condition of your business and identify what needs to be done to reach its full potential.
And because they’re critical to the future success of your business, your Switch Financials are provided free of charge with the first fixed-price Tax Return that we prepare for you.
Presented in a ‘plain-English’, easy-to-understand format, Switch Financials provide the accurate, meaningful and timely information that is essential for well-informed decision-making.
Unlike any financial reports you’ve seen before
Switch Financials are presented in unique, easy-to-read formats available only to Switch clients.
They evolved because we repeatedly found that the traditional Financial Report (comprising Profit & Loss Statement and Balance Sheet) is of little real value to business operators.
Most often, often only their accountants could make sense of them.
Instead, you receive three strategically-focused reports specifically designed to:
tell you exactly what shape your business is in
identify issues that need to be addressed, and
indicate a clear direction for the future.
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Your Business Blood Test
The lifeblood of your business is your cash flow! This report analyses your cash flow to diagnose the fitness level of your business. (Poor operating cash flows are evident in nine out of ten struggling businesses.)
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Your Business Diagnosis
If your business sells labour, you must always be aware of your service stats – splitting sales into material and labour, and managing labour productivity – because these are the areas where your profitability suffers most.
If your business does not sell time (principally retail and wholesale businesses) you need to keep close tabs on your key performance indicators – the average sale value, number of sales, gross profit and stock turns.
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Your Business Health Report
This report compares the risks and rewards relating both to your equity in the business and that of external lenders. Too often we see owners expecting an unrealistic return on a small investment!
And there’s more good news …
You don’t have to wait months for this priceless information!
Your Switch Financials will be prepared at the same time as your fixed-price Tax Return and delivered within 14 days – guaranteed.