Business owners are usually good at what they do - manufacturing clothing, building houses, developing software etc.
They are not often good at critical analysis of their own business results. This is usually left to the accountant or tax agent, and results are often delivered only in the tax compliant format and generally 3-6 months after the financial year is complete.
Thus any analysis performed at this point is somewhat in the nature of a post mortem.
Jethro Management provides current up to date analysis on actual results. This means business owners can understand what financial and operational impacts the previous 30 days decision making had on their business.
Analysis is of a necessity combined with the MIS without which current data is hard to obtain.
Examples of analysis include:
* Gross margin comparison and trend reporting and analysis.
* Net profit (loss) comparison and trend reporting and analysis.
* Actual vs. budget variance reporting for profit and loss and balance sheet.
* Balance sheet ratio derivation and trending.
* Discussions on the results, determining reasons and looking for ways to fix problems, improve on poor performance and maintain good performance.