Planning

Profit Navigator Leadership Accounting: Planning

The Planning tool for your Profit Navigator account is designed to help you gain control and understanding of the financial aspects of your business. In this section, we provide tools to make the accounting process easy to understand. Specifically the Planning tool will pinpoint those aspects of your accounting that contribute most to your business profitability: Sales, Cost of Goods (COGs), Total Expenses, Gross Profit and Net Profit.

Once you have a complete understanding of your income and expenses, you can proceed to the budget tool. Our budgeting tool uses sophisticated algorithms to provide an easy use mechanism for predicting performance based on your business’s performance history. The more historical data you provide, the more accurate and powerful our budget planning solution will be. Filling in the historical data is crucial in providing you with actionable and relevant business analytics. Your business consultant will work with you one-on-one to help you understand both the key aspects of your income, expense streams, and to help you forge a budget that will guide your business to success.

After completing your yearly budget, you may wish to review yearly performance. Our system makes it easy to compare your income and expense performance year over year and presents the information in an easy to understand format using charting and sophisticated graphing techniques. Once you have reviewed your performance, understood where your business is now, and where you would like to take your business, you can begin working on business opportunities and challenges that are relevant to your current situation. Using our powerful What-If calculator, you and your business adviser can examine the challenges you are facing and identify opportunities for improvement, and financial growth, throughout the year.

You are in control of your business, and your trusted adviser, who brought you to this tool, is there to help guide you to a sustainable and profitable business. The tools we provide help you and your adviser gain leverage through actionable analytics and insights into your business at every level and provides you with the edge you need in today's global and connected economy.