A progressive, South West based accountancy practice

Do you know the ‘breakeven point’ of your business?

Our client thought they did, but when Andy reworked the numbers he spotted that they were 22% out on their figures, meaning that the business owners wouldn’t actually be able to pay themselves each month. The business had been leaking funds for 6 months, which had resulted in all of the cash reserves being significantly reduced. As a result of our review the client has been able to update their business plan, and set their team new targets to ensure they are actually breaking even (at worst) each month.