Drive Your Business to Financial Success teaches you the financial management concepts to implement into your consulting business and increase profitability.
As a CPA or Part-
What can you expect to learn by reading Drive Your Business to Financial Success?
How can using the RCMS benefit my financial consulting business?
Many businesses look at historical financial statements to understand where
they are, the equivalent of looking through the rearview mirror; further
analyzing the past is essential to understanding and forecasting future
financial performance. The key to getting the future financial results that your
clients want is implementing a cashflow management system that will help drive their business financially. RCMS allows you to manage your client’s finances by looking at the future through the windshield instead of studying the past through their rearview mirror.
When you learn and implement the RCMS through the Drive Your Business to Financial
Success book, you will find that you can change your client’s financial results before
they happen! You will be able to help your clients make business and financial decisions
based on seeing the future financial impact of those decisions -
You will learn and understand how the RCMS works, how to implement the RCMS, and how to manage the RCMS. With strong Excel® skills, the book teaches you how to develop the RCMS model and your management of the process.
RCMS is a financial management system that combines historical financial statements
with daily, weekly, and monthly forecasts to produce a dynamic financial management
system. Two primary purposes are to: 1) help you financially manage your clients
based on real-
What is the RCMS?
Vision
&
Goals
Financial Plan
RCMS
Next, the business owner looks to you to develop a forward looking financial plan based on the "business formula". You need to prove to the business owner if their strategies are feasible.
Your goal is to give the business owner the best financial direction to achieve their goals.
The Real-
This forward looking ability shows you where the business owner is driving the company and giving you the ability to effectively manage and convey the overall feasibility of financial decisions to the business owner with ease.
Every business owner has a vision of what they personally want to achieve from the business they own. That vision is normally reduced to goals, then strategies to achieve those goals.
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