To succeed in business, you know you need to know your numbers as well as you know your business!
Good news; you don't need to be an accountant or spreadsheet expert to nail it.
See what ThruThink® can do with your numbers:
Cash Flows, Annual monthly budgets, P&L's;
Plan, dream and set your goals for success!
Don't become part of this statistic.
Often, the real reason for business failure, and the most correctable one,
is not understanding the numbers.
So, what does knowing your numbers mean?
Are my margins high enough to cover my overhead?
What is my Cost of Goods Sold?
Often the lure of increasing sales will lead to product price reductions, discounts, free product give always, slotting fees which have the effect of raising Cost of Goods Sold as a percentage of sales which puts immense pressure on the operating margins of the business. This is illustrated with ThruThink®, enabling a plan to understand and avoid the common trap of increasing sales and reducing profit.
How much is too much debt?
Determining how much sales will have to increase in order to afford the debt load and equity return expectations and determining if product pricing can be maintained to achieve those sales will make the "risk of the deal" much clearer.
How much cash do I need?
Most businesses that fail, do so because they run out of cash. With ThruThink®, seeing how the cash is generated and used identifies the causes which can lead to a plan of action to avoid the trouble before it happens.
How much do I pay for the business?
If past performance will not provide an acceptable return on the Purchase Price or the debt load required for the purchase can not be supported by past performance, then the "risk of the deal" is higher and the Purchase Price of the Company may need to be lowered.
Is the risk worth the reward?
ThruThink® Exit Calculations and Balance Sheet projections illustrate the Exit position for the Equity holders which addresses the question "is it worth the risk"?
ThruThink® makes it easy to make professional projections and an annual budget to better
understand your numbers.
Logical, step by step guided input process with help and guidance along the way. A live person is there to answer questions.
Two page monthly budget for the 1st year showing all the relevant information for a bank loan
Professional financial reports for 3, 5, 10, 15 or 20 years
Historical performance, current position and future projection inputs paint the picture of the past, present and future
Amazing sales, expense & debt management capabilities