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MYM ACCOUNTING AND BUSINESS CONSULTANCY OFFERING A FULL SUITE OF<br>ACCOUNTING & BOOKKEEPING SERVICES & ACCOUNTANT IN STRATHFIELD
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Accounting & Business Consultancy ACCOUNTINGSERVICES MYM ACCOUNTING AND BUSINESS CONSULTANCY OFFERING A FULL SUITE OF ACCOUNTING & BOOKKEEPING SERVICES & ACCOUNTANT IN STRATHFIELD www.mymconsultancy.com.au
Services Virtual CFO Accounting & Bookkeeping Start Up Businesses Budgeting & Forecasting Cash Flow Management 01 02 03 04 05 A Virtual CFO works with your business on a part-time basis and provides budgeting, management reporting, and high level strategic advice. Managing your finance function can be time consuming and complex if you don’t have the right person for the job. Starting a new business is daunting. You will face critical decisions at every step of your journey. We prepare accurate and timely budgets to help you manage your business performance on a regular basis. Cash flow is critical to your business’ success and survival.
Virtual CFO A Virtual CFO works with your business on a part-time / ad hoc basis to provide strategic business advice & expertise across all areas of your business. By integrating into your day to day operations, they can keep an eye on reducing cost, increase efficiencies and help you run and grow a profitable business. Hiring a Virtual CFO provides huge cost savings as compared to hiring a full or part time employee. You won’t have to pay on-costs or provide an office space or equipment. Most importantly, you can focus on your core operations as we monitor the financial pulse of the business. Virtual CFO Services • Company health Check • Operational Review • Financial Reporting : Help you understand your financial position • Performance Tracking (KPI Reporting) • Budgeting and Expense Control • Minimize Business Risk • Streamlining accounting functions • Training & Development of Accounting staff
Accounting & Bookkeeping We know that every business is at a different stage in its life cycle, which brings its own challenges. We provide you with the right financial service at the stage you happen to be in, so you can make the right decisions at the right time with the right information. At MYM Accounting & Business Consultancy, we offer a range of bookkeeping packages that meet the specific needs of your business as it moves through its life cycle. We can also create a custom package tailored to your specific business needs.
Start Up Businesses While starting a new company is exciting, it is often stressful. It’s essential to assemble a team of seasoned advisors, including accountants, who can help you make important financial decisions. MYM Accounting & Business Consultancy can help you create an Initial business plan, cash flow projections, break-even analysis, future forecast to when you actually register your business. We help our start up clients determine the critical factors that affect their profitability and ability to survive.
Budgeting & Forecasting Budgeting details how the plan will be carried out month to month and covers items such as revenue, expenses, potential cash flow and debt reduction. Traditionally, a company will designate a fiscal year and create a budget for the year. It may adjust the budget depending on actual revenues or compare actual financial statements to determine how close they are to meeting or exceeding the budget. Forecasting takes historical data and current market conditions and then makes predictions as to how much revenue an organization can expect to bring in over the next few months or years. Forecasts are usually adjusted as new information becomes available.
Cash Flow Management Cash flow management refers to the process by which an organization maintains control over the inflow and outflow of funds. The fundamental goal of cash flow management is to ensure that the incoming flow of funds is always greater than the outgoing so that the business sits on a surplus. Cash flow management also serves the ancillary function of ensuring the surplus funds are invested or held wisely to reap optimum returns on capital blocked. Money or cash is the lifeblood of any business. When the cash stops circulating, all the critical operations can come to a standstill.
Accounting & Business Consultancy THANK YOU! We are looking forward to start a project with you! info@mymconsultancy.com.au 0437157610 www.mymconsultancy.com.au Disclaimer : This is a generic Information & post; content about the services can be changed from time to time as per your requirements and contract. To get the latest and updated information, contact us today or visit our website.