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» FINANCIAL

Business Mentors will teach you how to manage your business based on sound financial principles. These are based on the financial reports that your office will generate. This includes the income statement, balance sheet and cash flow report. All major business decisions should be made in context of these statements. We will teach you how to read and understand your financial statements and the effect that everyday decisions may have on each report.

If necessary we will work with your staff to streamline the paperwork process, update your chart of accounts and put into place the systems required to generate the information that you need.
We will work with you to create an overall corporate budget. This will serve as the blueprint for your financial and operational decisions to be made during the next year. Frequently reviewing the budget will assure that your major objectives are met during the year and your company is operating effectively.

Cash flow is very difficult to manage in the restoration business. We will work with you in order to establish a banking relationship. Banks are more than willing to loan money to companies that do not need cash and less than flexible in working with companies that require additional cash. Business Mentors has assisted companies throughout North America in developing banking relationships and obtaining needed operating lines of credit.

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Business Mentors - Serious Business Assistance for the Restoration Professional Business Mentors - Serious Business Assistance for the Restoration Professional
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