Our
financial planning
experts will assist
you in your financial
planning process,
which are not limited
to investment, cash
management, debt management,
tax planning, retirement
planning, profit maximization,
and estate planning,
etc.
Financial
planning will help
you to:
-
Buy or lease, or
make or buy decision
analysis
-
Manage
your debt
-
Determine
when to pay off
debt, and which
ones to pay first
-
Inventory
Management
-
Create
financial goals
for yourself
-
Invest
your excess income
(if any)
-
Manage
your cash or financial
resources
-
Understand
the complexity of
tax rules to your
income
-
Comply
with certain government’s
financial regulations
and policies
-
Successfully
plan for your retirement
-
Obtain
appropriate insurance
coverage for you
and your family
-
Plan
for unexpected financial
risk
-
Maintain
accurate and adequate
records of your
financial transactions.
For existing businesses
and just starting
out small businesses,
the initial money
or money available
to running the business
is vital for the key
survival of the business.
Therefore, among the
important objective
of the company is
to effectively establish
a personal financial
planning strategy
to manage its finances
both short-term and
long-term. PowerHouse
Anchor Management
Consulting, has experts
who will use the following
tools to assist you
in creating effective
financial planning:
Basic
Financial Statements
Effective use of cash
flow statement, income
statement, and balance
sheet.
Ratio
Analysis
Measure your performance
in various areas in
comparison with similar
businesses
Pro
Forma Statement of
Income
Forecast future profitability
Break-Even
Analysis
Evaluating your revenue
level in measurement
with cost or operating
expense
Cash
Flow Statement
Budgeting for cash
inflows and outflows,
identifying potential
revenue generating
factors, and analyzing
your current and future
financial status.
Capital
Needs
Evaluate your direct
capital needs and
its sources for the
future and analyze
short-term and long-term
debt settlements.
Your working capital
management is the
key, which include
the management of;
receivables, payables,
Inventories, collection,
Invoicing, and bill
payments.
Tax
Planning
Plan and evaluate
your federal income
and state tax liabilities
and compliance procedures,
and minimize possible
penalties and interests
in tax liabilities.
Liquidity
Concern
Examine the uncertainty
of cash availability
in terms of need-to-need
basis. This covers
the management of
your cash, accounts
receivables, inventories,
and short-term investments.
