For a limited time, we are offering new clients, 2 Free Business Profitability Reports with their first 2 business tax returns lodged with us*

is the average amount of profit lost by small business owners due to inadequate financial literacy

$118,121

20 small business financial literacy statistics to know in 2024

32%

of small business owners believe that enhanced financial literacy would lead to improvements in budgeting and cash flow management

Business profitability analysis is crucial for determining whether a business is achieving sustainable growth levels.

Ami
Director - TaxHill Accountants

Benefits of Business Profitability Reporting

Enhanced Visability

Improved Decision Making

Financial Health Check

Exposing Hidden Costs

Improved Forecasting

Identify Areas of Improvement

What is included in our Business Profitability Report?

Key Performance Indicators (KPI's) Tracking

KPI's enable business owners to track and measure critical financial aspects, including revenue, expenses, profitability, and growth.

Trend Insights

This involves demonstrating revenue, expenses and profits over a period of time to identify trends and patterns.

This determines the point at which total revenue equals total costs, indicating the minimum revenue required to avoid losses.

Break-even Point

Industry Benchmarking

This involves comparing the business's profitability ratios with industry averages, if the data is available, to benchmark performance and identify areas for improvement.

Rolling Average Analysis

Financial Ratios

This analysis smooths out short-term fluctuations in data to reveal longer-term trends.

Financial ratios can detect early warning signs, such as decreasing profitability or increasing debt levels.

Frequently Asked Questions

Who is eligible for the Free Business Profitability Report?

The Free Business Profitability Report is available to new clients with their first two business tax returns lodged with us.

Are there any hidden costs or locked-in contracts?

No, there are no hidden costs or locked-in contracts. You are under no pressure to continue with our services after receiving the report.

Can I customise the report further for an additional fee?

Yes, we offer customised options to dive deeper into specific areas of your business. For instance, you can request an extra page to monitor website traffic to analyse its correlation with your sales trends.

Can I still obtain a Business Profitability Report after the two-year offer period?

Absolutely! While the free report is exclusively for new clients with their first two business tax returns, we continue to offer Business Profitability Reports to all our clients at a competitive fee.

Can I still get the Business Profitability Report if I don't use an accounting software?

No, you must be using an accounting software to be eligible for the free Business Profitability Report. Furthermore, your accounting software must have the capability to export multi-period Profit & Loss and Balance Sheet statements in a Microsoft Excel format.

Does the Business Profitability Report incorporate all the features for all types of businesses?

No, specific features and depth of analysis may vary depending on the type of business and the availability of relevant data. For example, not all industries have readily available industry averages for benchmarking purposes. Our team will tailor the report to your specific business needs and ensure that it provides the most valuable insights for your unique situation.

Get in touch with us

This is where we get to know each other and answer your questions

Get in touch with us by giving us a call or through requesting a no-obligation discovery call to discuss your requirements

We will send you a quote and recommend which services are the most suitable for your business and circumstances

Get your questions answered

Receive a quote

Analyse & grow

Accept & engage

Analyse your business's performance using our 2 Free Business Profitability Reports, with your first 2 tax returns, and start making informed decisions to achieve long-term success*

You can now free up valuable time to focus on growing your business and leave the complexities of your financial affairs to us

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How does it work?

Get in touch with us

Whether you have a request or a query, please use the form below to get in touch with us.