Wise Consulting Financial Diagnostic
To help you achieve financial clarity and to identify where you need accounting and financial support, the Wise Consulting team offers a financial diagnostic.
Give us a half hour, and we’ll share strategic insights and recommendations after reviewing your:
Profit and loss (P&L)
Balance sheet
Debt Service Coverage
AR, Sales & AP
Learn more about the financial assessment here.
To request a financial diagnostic, call (708) 268-9094 or fill out the form:
Why Get a Financial Diagnostic?
If you have any of the following issues, our financial diagnostic could be right for you:
You want a second set of eyes on your books
You want to fully align your financial management to your organization’s strategic goals
You’re considering hiring to handle growth
You need a resource to help you with due diligence because your team doesn’t have time—or your client’s company needs another resource if you are a business broker
You have concerns about payroll accounting
Transactions from your bank don’t match your accounting system
Loan payments are confusing
Your bookkeeper or AP/AR person left
To identify where you need accounting and financial support, the Wise Consulting team conducts a financial diagnostic.
Profit & Loss (P&L) Analysis
This measures profitability over a specific period (monthly, quarterly, annually), and includes a review of your:
Revenue Trends: by product/service, customer segment, etc.
Cost of Goods Sold (COGS) and Gross Margin
Operating Expenses (marketing, payroll, admin)
EBITDA (earnings before interest, taxes, depreciation, and amortization)
Net income: bottom-line profitability
Profit margins: gross, operating, net
Year-over-year or period-over-period comparisons
Balance Sheet Analysis
This shows your financial position at a specific point in time, and includes a review of your:
Assets
Current: cash, receivables, inventory
Long-term: equipment, property, intangible assets
Liabilities
Current: accounts payable and short-term loans
Long-term: long-term loans and other debt
Equity: retained earnings, owner contributions
Working Capital: current assets and liabilities
Debt-to-Equity Ratio
Liquidity Ratios: current and quick ratios
Cash Flow Analysis
This assesses liquidity and your ability to fund operations and growth, and includes a review of your:
Operating Cash Flow: cash generated from core operations
Investing Cash Flow: asset purchases, investments
Financing Cash Flow: loans, repayments, equity contributions
Free Cash Flow: available cash after capital expenditures
Burn Rate: for startups or early-stage companies
Cash Flow Consistency & Seasonality
Strategic Insights & Recommendations
Our diagnostic will provide you with the following:
How to optimize your accounting functions: bookkeeping, AR, AP, payroll, reconciliations, etc.
Profitability improvement opportunities
Expense control suggestions
Liquidity and solvency risk alerts
Capital allocation effectiveness
Growth capacity and funding needs