Business Performance reporting & advice

Pigot Miller Wilson know how important the success of your business is to you – it is important to us too.  Hence, we will provide you with advice on how to optimise Business performance by providing:

• Someone to talk to!
• Business plans
• Financial KPIs
• Non-financial KPIs
• Work-life balance advice
• Budgets for your household and your business
• Comparative reporting, that you will understand
• Cash flow forecasting

Frequently asked questions

• How do I find out how much my business is worth?

Pigot Miller Wilson is often asked this question and we know that this is determined by the market, hence the answer is to ensure that your business financial health is at its best when you take your business to the market place.  Pigot Miller Wilson are not experts in business valuation but we know the people who are and will refer you to them.

• How do I make my business better?

Focus on being the best at what you do best, regular monitoring of your relevant key performance indicators to ensure you are getting it right and when in doubt, seek advice from experts.

• Can I get reports tailored to my specific needs and interests?

Absolutely!  Pigot Miller Wilson are committed to having a holistic understanding of your business so that we can report for your specific requirements.

• What happens when my business exceeds expectations?

Well done!  The challenge now is to determine how you want to proceed.  If your business is to expand we will advise on ways to achieve this, if however you wish to expand your personal wealth, we can offer investment and financial planning advice.

• What happens if my business is under performing?

The partners of Pigot Miller Wilson recognise that there are a number of reasons why your business may be under performing.  We will help you identify what the reasons are and help you to find the solution via assessing cash-flow, margins, relevance and personal goals.

• What if my cash-flow is inadequate?

One of the areas we consider is cash-flow.  We acknowledge that cash-flow is the life blood of your business and in our experience this is normally the main area of focus of our advice ie; how to improve cash flow.  This is done by monitoring the speed at which you are paid for services provided, how long it takes to convert stock to sales and the speed at which you pay your accounts.  By monitoring these areas we will help put cash back into your bank account.