Tell your story with numbers

Whatever the size of your company, your industry or sector of activity, one of the best ways to put your ideas and projects in perspective or to present them to your stakeholders (banks, associates, colleagues) is to say it with numbers.

Numbers not only allow you to conceptualize your ideas into factual elements, but they also guide you in the process of strategic decision-making.

Whether in the form of financial projections or a complete business plan, this exercise has the advantage of allowing you to get your head out of the way, to question the results of the past, if any, and to script the hypotheses on the next 3 or 5 years, before making any call.

Often, the current picture of the company's financial results does not prepare us for the uncertainty of the future. We see this very regularly with the clients we support.

I remember this NPO which had unallocated net assets of nearly $1 million and was planning to realign its staff's salaries upwards and to acquire a building to house its offices.

To accompany these initiatives, the coordinator had the brilliant idea of wondering about the level of income and subsidies that the organization could garner in the coming years, this exercise will make it possible to realize that the income was going to drop drastically because the organization had benefited from a major news event that had enabled it to receive unusual sums in donations and subsidies recently. During this prosperous period, the organization had recruited several stakeholders and made decisions that had increased the size and rigidity of its cost structure.

At the end of this exercise, the organization not only carried out a major restructuring of its payroll but also deployed concrete initiatives to increase its ability to seek donations and subsidies to support its mission.

Another case study is that of this franchisee (from a vast network of fast-food restaurants) who wanted to acquire another franchisee in order to expand his territory and increase his income, a documented financial plan enabled him to convince a major financial institution to finance its acquisition.

Finally, the example of this incorporated IT consultant who wanted to create a holding in order

to invest in another line of business. He obtained financing from a bank, thanks to the relevance of his financial plan.

Telling your project through the numbers allows you to step back and make most of your ideas understandable and accessible to stakeholders.

Above all, do not hesitate to be accompanied in this exercise by qualified professionals.

At EB Conseil we have what it takes to meet your needs

Joel MOPHU, MBA, CMA, MAFF

Associé - Services conseils et juricomptabilité

Partner - Advisory & Financial Forensic

At EB CONSEIL FISCAL

https://ebconseilfisc.com/racontez-votre-vision-avec-des-chiffres/

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