17 November 2020

Advisory and customer services are both central to the Nephos philosophy, and the reason we’ve been busier than ever during the lockdown. If you’re asking questions about your finances at the moment, here’s a guide to some of the things we can answer for you.

Our experts have been supporting clients that have faced challenging months, providing them with advice on cash flow, break-even, budgets and profitability. We believe that knowledge is power – our advisory services supply the knowledge, to give you the power to make crucial business decisions.

What costs can I get rid of?

Investing in your business when times are tough is a bold move, but a necessary one. Once we understand the “why” behind your finances, we can then create a strategy to move away from the negative and into the positive.

If nobody is analysing the detail on why revenue or profitability is declining, then it’s highly likely the decline will continue. Once we’ve analysed your finances with you, we can move forward together.

Our finance partners are just a quick phone call away

When analysing your business performance, it’s vital that you understand the detail. As a business owner, you probably don’t have the time to do this. So, leave it to us – our financial experts will break down the important information for you, leaving you to spend your valuable time on growing your business.

How can we help?

To give you an idea of the financial questions we can answer for you, take a look at the list below.

•    Do you know your best-selling products?

•    Are the best-selling products the most profitable?

•    Is your business selling more or less compared to last month and last year?

•    What is the profitability trend?

•    Which customers have you lost and who of them is less or more profitable?

•    Are costs and unit prices increasing within your business’ supplier spend analysis?

•    Do you know your breakeven point?

•    Do you have a budget, and are you comparing against it as well as being held accountable?

These are just a few of the questions our advisory services can answer. We learn about your business, delve into your sales and costs, and advise you on what you should do to move your business forward and become more profitable.

Get a free consultation

If you’d like a free one-hour consultation to get a better idea of what we’ve done for our current clients or to discuss your business concerns, please get in touch. These meetings can include, but are not limited to:

•    Strategic advice

•    Budgets and forecasting 

•    Data analysis

•    Financial modelling

•    Cash flow queries

•    Further details on how we can help you grow

To find out more and arrange an appointment, contact Drew Norcup, our advisory specialist, by emailing drew@nephosaccountants.co or by calling 07376 784847. Alternatively, call our main office on 01242 260590.

Book a call

Have a chat to our team about what you need and we’ll get the ball rolling. All you need to do is click, fill out our quick survey so that we can find out more about your needs, and we’ll be in touch.