Manage for Profit

CRS Financial Management Solutions helps Business Owners and CEO’s to make sound decisions to grow and manage their business utilizing our consulting services backed up by sound financial management tools and techniques that include forecasting, modeling, access to financing, accurate and timely reporting, and clear and consistent internal accounting processes and procedures.

We help our clients to increase profitability, stabilize cash flow, secure financing, and organize internal accounting operations to support the CEO in creating his or her vision of the business as a reality.

We have a unique service offering in that our core competency is in CFO and Controllership Services, yet we support our clients in generating consistently accurate and timely financial reports by overseeing their internal accounting departments or by actually taking on the entire accounting role for them.

Managing profitability means managing all the components of profitability. Those components include Gross Revenue (Sales), Cost of Goods Sold or Cost of Services Provided, Gross Profit & Gross Profit Margin, Other Operating Expenses, Operating Profit, Other Income & Expenses, and Income Taxes.

Break even is the dollar volume of sales above which your business begins to be earn a profit. Determining the break-even point is a function of the relationship between Gross Profit Margin and Operating Expenses. Meeting this break- even point volume every month determines future positive or negative cash flow as well as profitability.

Many businesses focus on the dollar volume of sales but have no idea of how each sale affects the overall profitability of the business. Profitability is impacted not only by the dollar volume of sales but also by the product/service mix of sales. Some products or services my contribute more profit than others and require more or less in operating expenses.

CRS Financial Management Solutions – Profitability Analysis, Industry Specific Comparative Analysis, and Industry Specific Key Performance Ratios will help you gain better insight into increasing the profitability of your business.