Driving Up Profit
Growth businesses often receive great benefit from profitability reviews. An independent review by a vfdnet part time Finance Director could repay the investment many times over.
vfdnet provides value added services as follows:
- Sales analysis to determine the most profitable customers (not necessarily the biggest by turnover)
- Product analysis to determine marginal or loss making lines
- Overhead review for possible savings
- Tax saving ideas such as EMI, EIS or R & D tax credits
These services offer significant benefits:
- Focus of business effort to increase profit
- Identify least profitable customers or products
- Reduce overheads where possible
- Reduce Tax burden legally
vfdnet Finance Directors have all worked with growth and development businesses to squeeze more profit and focus activity on the most value added activities, products and customers. Contact us to arrange a review.
Case Study
An early appraisal of a client's financial data showed declining revenues, declining Gross Profit percentages and rising overheads. vfdnet performed a thorough review of the business, revealing the reasons for both the revenue decline, falling Gross Profit and the overhead increase. This work enabled the business to focus on the key factors impacting profit.
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