Financial Analysis Services

Small Business Bookkeeper in Ajax, Ontario

Our financial analysis services will help find efficiencies and advise on the next steps for your business.

Keeping accurate and robust records of your finances allows us to check in on the financial health of your business on a regular basis.

With complete and accurate records, Indie Bookkeeping can:

  • Generate regular reports to look at various metrics about your business, like how profits compare to the same time last year, or if you are spending more money in a specific category
  • Identify trends in your business year over year so you can anticipate when business might pick up or when your expenses typically begin to climb so you can adjust accordingly and keep your customers happy
  • Identify the products or services you offer that are the most profitable for your business, as well as the ones that aren’t doing as well, so we can work together to find ways to improve profit margins

Our Services

Frequently Asked Questions About Financial Analysis:

  • What are the types of financial analysis offered?
  • How do you do a financial analysis?

Any financial data has the possibility of being analyzed, it all depends on the requirements of the person asking. The most common analysis’ offered to businesses are year-over-year income/expense/profit reports, as well as product or service-specific cost analyses.

A financial analysis requires looking at trends in the business over time and accounting for external factors that could be influencing those trends, like increases in production costs, labour, or costs of materials. Using that information, you can then project what the future trends might look like and you can adapt your business as needed.

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