60% of small businesses are not profitable, they are either breaking even or losing money. Of the 40% that are profitable, many of these owners can still find themselves asking these questions while laying in bed at night unable to sleep.
Why can't I get the reports I need out of my accounting system? Are they even right?
Which of our products are profitable?
Can I make payroll this week?
When will I get paid?
Financial uncertainty is systemic in small business and can keep these businesses from rising to their full potential.
How do your business profits, operating expenses and owner's compensation compare with other businesses? The profit chart below provides the average profit, owner's compensation, taxes and operating expenses based business revenue ranges.
Whatever the goals, we will review your financial data to ensure alignment with your business objectives, evaluate any current gaps and implement the changes.
Are you ready to grow your business by acquiring a competitor or a complimentary business? There are many things to consider before, during an after the acquisition. The DataCFO is here to ensure that you get the full value from the acquisition.
As a business owner your hard work has provided for your employees and your family. Now you are thinking about selling your business. Whether you want to sell in the next year or sometime in the next 5 years, The DataCFO can help.