Robert and Jacqui started their Transport Company in 2009. Quick and significant growth saw Robert and Jacqui struggling to manage the financials themselves and it was hard to find advice they could depend on to make the bigger decisions. Robert and Jacqui were great at running the business but found the limited financial information they had confusing and difficult to understand.
Robert and Jacqui engaged Femia Accountants in November 2010.
WORKING WITH DAVID FEMIA, THE FIRM RECOMMENDED THE FOLLOWING ACTIVITIES:
- Applied tax management strategies
- Put in place cash flow budgets. This allowed the business owners to know when they
- could afford to buy more equipment
- Highlighted and monitored business problems and assisted owners to resolve those
- Conduct of quarterly meetings to analyze and monitor business, as well as apply and plan strategic directions. This was also used as a time to explain the financial information presented
- Management slowly began to use financial information to aid decision making