At Lane Consulting Network, LLC Consulting, we specialize in helping businesses transform their operations and achieve their goals. Our team of experienced consultants provides a range of services, including strategic planning, financial management, and marketing analysis. We work closely with our clients to identify areas for improvement and develop customized solutions that drive real results. Whether you're looking to improve efficiency, expand your customer base, or increase profitability, we have the expertise and experience to help you get there.
Is your business struggling with cash flow? Are you constantly busy doing the "what" of your business, but not seeing the effects of all your hard work clearly reflected in your bank account? Are your profit margins high enough to support the continued growth and success of your business? Is your business financially healthy enough to survive in today's economic environment? Do you know what defines a financially healthy business? Do you know what to do if your business isn't financially healthy?
According to the Small Business Administration, about two-thirds of small businesses with employees survive at least two years, but only about half survive at least five years.
Owning a small business is HARD. As a small business owner and entrepreneur, it's normal to experience feelings of futility, stress, and isolation. It can be difficult to know if you're doing the right thing in order to keep your business growing and thriving. You are an expert at what you do, but you may not be an expert at analyzing the financial data of your business and making confident, healthy business decisions.
Looking at standard financial reports, such as an income statement or a balance sheet, can be confusing. Those reports are difficult to interpret accurately if you're not an accountant or financial advisor. What do those numbers actually mean in regards to the financial health of your business? What do you need to do if your profit is high, but you're struggling to maintain a consistent cash flow? How do you know when the right time is to expand your operations, take out a loan, or initiate a major business purchase? You need someone you can trust to interpret the numbers, take the guesswork out of those important decisions, and ultimately guide you in building and maintaining a growing, profitable business.
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