Management Reporting
Management reporting goes beyond compliance. These tools help you understand your business, focusing on the importance of profit and cashflow rather than just sales. Without these insights, it’s easy to keep chasing sales without achieving real results. Management reporting gives you the clarity and control to make informed decisions that support sustainable success.
We offer management reporting monthly or quarterly, but don’t forget annual reporting is included complimentary as part of our other services, reflecting our commitment to helping you plan ahead.
We know the financial discrimination those in the adult industry face, where accessing banking, loans, and mortgages can be difficult. This is why offering management reporting is vital to Kindred Accounts, and why we provide annual management reporting free of charge. Having a clear budget and detailed financial reports is essential for proving financial responsibility and securing the support you deserve.
Budgeting & Forecasting
Budgeting and forecasting are essential financial planning tools that outline your expected income and expenditure over a specific period.
By comparing actual results with your budget, you can see how your business is performing, understand where your turnover is going, and prioritise spending based on your business’s stage.
This helps you know what you can afford to pay yourself and, importantly, identify opportunities to reduce your tax bill.
Cashflow Management
Cashflow is the movement of money in and out of your business over a specific period.
A key measure of your business's financial health and liquidity. By regularly reviewing and managing your cashflow, you can plan for both short- and long-term expenses, helping to ensure your business’s ongoing success.
Key Business Analysis
Business Analysis and Key Performance Indicators (KPIs) help you track important aspects of your work and business to see what’s really making a difference.
Whether it’s how many clients you’re booking, your income growth, or your expenses, KPIs give you clear numbers to understand your performance.
By keeping an eye on these, you can spot what’s working, make smarter decisions, and focus your time and energy on what truly helps your business grow and thrive, all while managing your money in a way that supports your unique lifestyle and goals.
