When was the last time your CPA talked to you about how you can grow your business and increase profits?
We call it Profit Optimization.
Profit Optimization involves a detailed evaluation of your entire organization, its organizational structure, its processes, and its products.
We’ll start with a detailed gross profit analysis for each product and service you provide to ensure that all costs related to production of that product or service are reflected in its pricing strategy. We will also look beyond gross profit to determine the overhead consumed to deliver each product. Do some products cost more to sell and administer than other products? Often a change in product mix can decrease and simplify overhead expenses.
We will perform a detailed examination of your expenses; both the amounts and the underlying reason for each each expenditure. Can some functions be eliminated, combined with other functions, or more efficiently be outsourced? Is your space efficiently utilized? Do you need more? Do you need less? Are you utilizing technology appropriately?
You have probably been looking at your Company’s operations the same way for years. We will help you develop a fresh perspective of your business.
C Wayne Loker CPA LLC