At the start of 2019, our business had been making rapid growth but had made a small loss in the previous financial year. Our books had no proper structure, and therefore we were unable to view accurate reports. We knew we needed to do something as our current situation was not sustainable.
We first got in touch with Kevin from “Your Financial Controller” in February 2019 for an initial discussion around the services he provides and how he could help our business. We began working with Kevin and his team from May 2019.
Kevin initially reviewed our chart of accounts and restructured them to suit our unique needs. He then helped implement proper accounting procedures, including an end of month procedure. We now have monthly financial board reports with accurate figures which we find invaluable. Kevin has also implemented a proper yearly budget and forecast, which we review each month in our monthly financial board reports with Kevin.
By having the financial board reports, we can accurately set goals which we need to meet each month. As a result, we have been able to turn our previous year’s loss into a substantial profit. We can’t recommend the team at Your Financial Controller highly enough.