Financial Analysis



What is Financial Analysis?
Financial analysis is to do with charting the progress of your business. To do this you have to be familiar with the various forms of financial statements, analysis and measurement and unless you have experience with financial statements, or unless you are an accountant, it might be best to leave the financial analysis side of your business to your advisers.
" Ask your accountant to financially analyse your business ..."

Financial analysis will include areas known as ratio analysis, which enables you to spot trends in your business and to compare your performance with the performance of similar businesses in the industry. This involves comparing your business ratios with the business ratios of similar businesses over time and then closely watching the trends that show up.

Financial analysis provides the all-important indicators of how your bus...

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