Minority Business PROSPER STRATEGIC FINANCE, LLC of Phoenix Arizona on Business Minority

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PROSPER STRATEGIC FINANCE, LLC

Po Box 50486

Phoenix, AZ 85076

Phone: 480-705-0803


Website:
www.pros-per.com


Description:

Profitability improvement:



in general terms the services provided under profitability improvement are those of an accounting coach/mentor. Using the information provided in the monthly or quarterly financial statements psf will meet with the business owner to discuss the activities of the past month or quarter and develop short-term and long-term strategies to capitalize on the positive and minimize the negative business events and transactions. We work with our clients to determine monthly, quarterly and annual performance targets. A portion of the performance targets will include developing budgets as a comparison tool. Actual financial performance will be compared to budget and variances explained and performance targets changed or updated as applicable.



business planning:

every business should have a written business plan document; however, many do not or do not use the document to manage their goals. Whether your business is start-up entity or an existing business, psf will assist with your business plan document. Within the business plan document are the market research, demographics, products/services, pricing, and operational plans. One of the most important sections of the business plan is the financial projections, including income statements, balance sheets and statements of cash flow. Ratios are also important to compare the your financial expectations to industry standards. The plan will contain step-by-step plans, such as hiring procedures and strategic goals such as size and growth expectations over a number of years.



management accounting and pricing:

cost accounting is important for a business to achieve optimal profitability. Cost accounting is the process of assigning both direct and indirect costs to each product or services based on predefined criteria such as labor hours, machine hours, etc. Once all costs are allocated to each product or service the price charged to customers is used to determine each product or service profitability. Some products and services may be overpriced, others may be under-priced and others will be priced properly. Decisions must be made regarding over or under priced products and services. Pricing initiatives will be undertaken to determine if prices should be changed or if products and services should be discontinued. Both tactical and strategic planning is required to set both short-term and long-term goals for each product and service.

Update Minority Business information for: PROSPER STRATEGIC FINANCE, LLC


PROSPER STRATEGIC FINANCE, LLC

Po Box 50486

Phoenix, AZ 85076

Phone: 480-705-0803

Website:
www.pros-per.com


Please click the "Update Business Information" button if the above information has changed or needs updated.




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