Learn the language of your business.
Your financials are the language that your business speaks to you. And if your business isn’t speaking that language clearly, you may sense it’s trying to tell you something, but you don’t know exactly what. Clear and accurate financials can tell you when your business is doing well, areas that might need improvement, or if challenges are on the horizon.
At Norwood, we specialize in translating the operations of service businesses into financial language that is easy to understand, and speaks clearly to owners and managers about every aspect of their business. You will not only know how your business is doing today, but also how it is doing compared to last year, how it is likely to perform next year, as well as how it is performing compared to other highly profitable businesses just like yours.
Profit & Loss
A consolidated view of your business’s performance over a period of time. All income and expenses organized in a way that tells a story.
Balance Sheet
A snapshot of your business at a given moment in time. What you own, what you owe, what is owed to you, and your total earnings over time.
Cash Flow Statement
How cash is coming into your business, how it is leaving your business, and how those changes in cash relate to your business’s earnings.
Custom Statements
For any special informational needs you may have, Norwood will design custom reports to deliver the specific information you need in an easily understandable format.