Financial Health Assessments

As well as continued financial management, it is essential for businesses to assess their financial efficiency and highlight any current or potential financial issues and risks.

This could include haemorrhaging of cash, high levels of debtors, cost over-runs, and a myriad of other issues and risks that could affect profits and funding.

Our Financial Health Assessments provide a comprehensive financial status of the business – highlighting issues and risks with focus on ‘what is’ and ‘what could be’ (opportunities) rather than ‘what should have been’ (missed opportunities). The assessments are designed to assist with:

  • Valuation of the business
  • Assessment of cash flow demands and management
  • Review of the management information systems and reports
  • Targets setting and how you measure performance against set targets
  • Identification of the challenges prohibiting achievement of targets
  • Benchmarking against industry standards and the competition
  • Helping clients to focus on driving the business growth rather than getting consumed by its operational management
  • Establishing KPIs (key performance indicators) and Balanced Scorecards
  • Review of business strategy, commercial development, digital and customer service levels to assist with business growth
  • Pricing strategy and analysis
  • Organisational effectiveness – team assessment, employee costs etc.
  • Review of business and service continuity planning – disaster recovery.