Businesses need trustworthy financial advice. We take that responsibility seriously and give you the best reports for increasing your financial health, individually and for your business.

Trustworthy advice starts with trustworthy data, every business should generate a financial analysis at least once per year. This gives you and business stakeholders a better view of the current health and future goals of the business. You then have better information to consult with financial strategists and accountants.

What is a financial analysis?

A financial analyst evaluates the performance and sustainability of your business. You can create macro and micro reports – analyzing anything from a specific department or product to the company as a whole.

Analysts typically use your income statement, balance sheet, and cash flow statement to create your financial analysis.

Why is a financial analysis important?

A financial analysis report lets you, bankers, and investors know how well the company is doing. This gives them more confidence in your business’ future growth. Being able to show financial growth is imperative in communicating your business’s success. Business goals are set in financial terms and their outcomes are measured the same way.

In order to manage a business successfully, you need a solid understanding of the language of finance. You need to be able to read and translate financial data – such as a financial analysis report.

Understanding business finance makes it possible to scale your business, open a second location, and even expand into new markets.

Create a financial analysis report

Using Our Financial Report Worksheet input your income and loss in the correct fields. Then follow these steps to analyze your data:

1. Summarize the most important findings from your financial analysis.
2. Note the company objective. Ex: increase sales 5% per quarter.
3. Describe the analyzed data and its sources. Ex: Balance Sheets, Income statements, operating costs, warehouse inventory.
4. Highlight significant financial events. Ex: Conventions, seasonal promotions, reduction in workforce.
5. Break down your analysis by quarter and even month. Highlight any trends or correlating data you find.
6. End your report with an appendix for any problems you faced while collecting the data and performing your analysis. Include performance projections based on the collected data.