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Financial Health Check

Just looking at your bank balance does not tell you enough to gauge your company’s financial health. As the owner of your business, it is your responsibility to make sure you’re headed in the right direction to ensure future and sustainability.

RSW has developed a proprietary way to gauge the well-being of your business—and provide the prescriptions you’ll need to help diagnose any issues and improve what ails or
could ail your business.

Why complete a Financial Health Check?

 
Just as an annual checkup from your physician helps keep on top of your personal health and well-being, an annual check-up is also necessary for the health and financial well¬being of your business.

Business owners dread examining their finances if they haven’t done so in a while for fear of what they might discover. But delaying it won’t help the situation. Instead, take a proactive approach by regularly analyzing your financial statements. Conducting an annual review of your business financials is a great way to gauge how the business is performing and gives you the insight on how to adjust and properly plan for future targets and financial projections.

By reviewing your business’ financials including cash flow statements, profit and loss forecasts, and sales forecasts it is a way to understand the business’ financial capacity. This can provide insight into how targets should be adjusted, to see where you could be saving, where you should be spending, and what you should be doing to manage your cash flow.


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Why work with RSW?

  • RSW can assist small to medium size enterprises in generating accurate financial information;
  • We can help you to create effective and efficient financial processes and procedures;
  • We can help you develop timely reports that can aid in decision making while motivating your team and freeing up your time to work on the business

What you can expect:

  • RSW will conduct a preliminary financial health diagnostic which will prioritize key areas for improvement necessary for growth and success.
  • RSW will generate and analyze information in areas identified for improvement using our proprietary process and customized procedures
  • Properly supported analysis of the business’ financial position will lead to clear decision making to address areas that take away from the optimal performance of the business
  • We will create a customized action plan, a roadmap for you to improve the effectiveness of the financial reporting system to help react to operational issues more rapidly.
  • We will then work with your team to coordinate the implementation of the plan providing access to the required skills for a timely and effective execution.
  • We will work with you in monitoring the continuing effectiveness of the solutions implemented, giving you assurance as to the continuing financial performance in comparison to the targets established.

Is a Financial Health Check right for you?

  • Are you interested in seeing beyond the numbers?
  • Are you looking for ways to improve your cash flow and bottom line?
  • Do you want to know the key financial strengths and weaknesses in your business?

Attention to detail is vital at such a volatile time, making it sensible to recruit a ‘fresh pair of eyes’ to review financial performance.

Keeping on top of your business finances can be a stressful process for many small business owners. But, it is an essential task if you wish to avoid unexpected problems.

Contact us at or by phone at 514-842-3911 for more details or to schedule your business' Financial Health Check today!

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