Course Hero Logo

Finance Report task 2.docx - . Growth Management...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 2 out of 2 pages.

.Growth Management ConsultantsFinance ReportIntroductionThe purpose of the financial report is to analyses the profit and loss for Grow management consultant,including the revenue generated, cost of sales, gross profit/loss margin and net/loss margin and alsoanalysis of overall business performance.2016/17 PerformanceThe net sales for Grow management consulting FY217-18 is $1,321600 with atotal expenseof$707795 therefore, the net profit for Grow management consulting FY2016-2017 is $652,077.From the income stream we could see that the main source of income is mainly from theconsulting fees which is a profit of $1,175,600 secondly follow by executive search service$120,000 then workshops $38000 and the least profit would be from publications $2,000Strategic goals and prioritiesThegoalistogenerate$10,000worthofsalesfortheE-bookduringthenextfinancialyearand increasing over time. As per the business plan, the company plans to run anannual conference starting2018Cash flow statements analysisFrom the cash flow statement, we can see that the highest net income sales were on June 2017which resulted the highest surplus for the financial year. During September 2016, the surplus wasthe lowest out of the 12 months due to high expense with addition of accounting fees whichcaused the low surplus during that month. The total expense for FY 2016-2017 has over budgetby $42,435.Financial SoftwareWiise is clever business software. It helps SMBs get clarity over their business, so they can see thecomplete picture and make decisions with certainty. Wiise helps SMBs graduate from an accountingsoftware to clever business software designed to handle the complexity of their growing business. Wiis

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 2 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
N/A
Tags

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture