Food Production
a collection of companies transforming communities
Finance
Our ForgeWorks business coaches are instrumental in helping business owners with finances in several ways:
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Financial Information: Your coach helps you analyze your financial statements and provides insights into the financial health of your business. This can include identifying trends, identifying areas of risk, and providing recommendations for improvement.
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Financial Performance: Your coach assists you in setting financial goals and identifying the key performance indicators (KPIs) necessary to track progress towards those goals.
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Projected Needs: Your coach helps you create financial forecasts based on historical data and other relevant factors. This can include forecasting revenue, expenses, and cash flow.
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Capital/Ownership Structure: Your coach helps you evaluate your ownership structure and suggest changes or improvements to increase the value of your business. They can also provide guidance on equity distribution, voting rights, and other ownership-related issues.
ForgeWorks business coaches provide valuable guidance, support, and accountability to help a small business with its finances, ultimately leading to increased profitability, cash flow, and financial stability.