Working With An Advisor

Most business owners should review five reports every month: the profit and loss statement, the balance sheet, a cash flow report, aged receivables and payables, and a budget versus actual comparison. Together they show whether you are making money, whether you have money, and whether the business is tracking to plan. Reviewing them monthly means problems surface while there is still time to act.

A monthly business advisory meeting reviews your latest numbers against plan, works through cash flow and your tax position, and ends with clear decisions and actions for the month ahead. It is a working session, not a report reading. The point is to catch problems while they are small and make decisions while they still have time to matter.