REVIEW | PLAN | GROW | MANAGE

Financial Support

Contact Us Diagnostic

Getting the Financial Management you deserve?

To make the most of your efforts and reach the next milestone, you need to make sure that your Finances are in order and give a snapshot, at any given time, of the progress of your business. Businesses come in all shapes and sizes and are led by people with a range of skill sets and for many the finance function leaves them in a bit of a cold sweat… You can’t expect to build a profitable business if you’re not sure where your money is coming from or where it is being spent!

About Brooklyn

Effective Financial Processes

Do the day to day financial processes ensure that invoices are raised on time, money is collected on time, purchases are managed effectively and suppliers, employees and HMRC are paid on time?

Forecasting

Do you have regular forecasts looking forward at the potential sales / profitability and the corresponding cashflow information to identify issues before they become a crisis?

Financial KPIs

Do you track financial KPI’s that really show the health of your business? e.g. Sales / employee, Sales /week or month to achieve breakeven, Gross Margin %, debtor days etc

Management Accounts

Do you have regular management accounts, including detailed Profit & Loss and Balance sheet? Are these compared to a budget or forecast to see how the business is performing?

Cost of sales and Gross Margin

Do you have a full understanding of the impact of the costs of doing business have on your gross margin, what does a price reduction really mean to your bottom line?

External Funders

Do you provide the appropriate financial information to your Bank, Equity Partners or Asset Funders, to allow them to build trust and give you the support your business needs for growth

Contract management

Do you regularly review and ensure that all contracts and paperwork with customers and suppliers are documented and cover accurately what your customer can expect from you, and what you expect from suppliers including payment terms and appropriate dispute resolution procedures

IT Systems

Do your IT systems work in a robust manner that ensures that they are a silent help to the business not a cause of frustration to employees, suppliers and customers. Do you ensure that these systems allow you to report financial information accurately to meet legal and HMRC requirements

Cost and stock management

Do you regularly review ongoing fixed and variable costs to minimize overheads, and similarly review any stock for obsolescence, and to optimise stock turn

About Brooklyn
THE SUCCESSFUL MAN IS THE ONE WHO FINDS OUT WHAT IS WRONG WITH HIS BUSINESS BEFORE HIS COMPETITORS DO
Roy L Smith

Business Diagnostic

For a quick insight into where your business is at the moment our unique diagnostic will provide you with an overview of your key drivers and some comments on how to improve them

5 minute Diagnostic

So how well do you know your business? Is your Sales and Marketing approach exceeding expectations? Are you delivering on your aspirations and plans for the business? Do your staff skills match your business needs? Is the money in the business working for you?
Try our 5 minute diagnostic to see how you measure up

Funding Sources

Is lack of funding holding your business back? There are many sources of Finance for developing businesses from loans, Invoice discounting, factoring, mezzanine and equity and in many cases, we can help you to achieve your goals. We have an array of funding partners, so contact us to start a discussion!

THE SECRET OF CHANGE IS TO FOCUS ALL YOUR ENERGY NOT ON FIGHTING THE OLD BUT ON BUILDING THE NEW
Socrates