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Online Grow Management Consultants Assignment

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Added on  2019-10-16

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Grow management consultants which are a consultancy business that mostly focuses on leadership for 5 years. This report is about the business and financial data study of the Grow management consultants. The improvement has helped the company to improve its core strength and increase the stability of the company's resources. For the said analysis the financial report has been reviewed and analysis has been in terms of profit and loss statements to identify the clear picture of the company based on each item. Grow management adhere to provide their services Australia-wide. We can review the annual report of the company so as to identify the financial improvement of the company during the year. The Financial Performance Report Of Grow Management will have a study about the main operations of the business, the revenue generated by the company. 

Online Grow Management Consultants Assignment

   Added on 2019-10-16

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This report is about the business and financial data study of the on Grow management consultants. The research will be made on Grow management consultants which are a consultancy business that mostly focuses on the leadership for 5 years. Grow management adhere to provide their services Australia wide.The financial report will have a study about the main operations of the business, the revenuegenerated of the company. Followed by this, financial analysis, operational review are been donethrough analyzing the financial report. The ratios of the companies have been worked out to findout the actual reason where the progress needs to be done and how the company can move aheadto the business.Investment plans for the future growths have also been an area where this report will focus on.The investment and fund-raising management of the company have to be done as per the totalassets available to the company.Review We can review the annual report of the company so to identify the financial improvement of thecompany during the year. The improvement has helped the company to improve its core strengthand increase the stability of the company's resources. For the said analysis the financial reporthas been reviewed and analysis has been in terms of profit and loss statements to identify theclear picture of the company based on each item.Profit & Loss Statement for Grow Management Consulting FY 2018 - 2019PROFIT & LOSS2018 - 2019IncomeConsulting fees$1,175,600Workshops$38,000E-book$2,000Executive Search Service$120,000Gross Income $1,335,600ExpensesAccounting fees$6,823Advertising & marketing$5,0001
Online Grow Management Consultants Assignment_1
Computer Software$4,600Insurance$7,500Lease/loan payments$1,500Profit & Loss Statement for Grow Management Consulting FY 2018 - 2020PROFIT & LOSS2019 - 2019IncomeConsulting fees-$466,800Workshops-$787,080E-book-$1,107,360Executive Search Service-$1,427,640Gross Income -$3,788,88ExpensesAccounting fees$2,641Advertising & marketing$1,826Computer Software$1,012Profit & Loss Statement for Grow Management Consulting FY 2018 - 2020PROFIT & LOSS2019 - 2019IncomeAs per the above table, it can be reviewed that the gross income of the company has beendecreased $1,335,600 from -$3,788,88 as it showsduring the year but the net profit has beenincreased by. The reasons for such a result are Reduction in the consulting fees by $ 708800,which results in a decreasing amount of gross income by $ 956712. Followed by the loss in theyear 2019 of Workshops Income, gross income negative amount in the year 2019 as-$787,080 byand in comparison of ebook calculation recorded the negative income as -$1,107,360 then thepositive income in the year 2018 of $ 2000. Also, the operating income i.e. exchange gains andother incomes have been showing a loss in the income of Consulting fees, Workshops, E-book,Executive Search Service during the year 2019.Followed by this, this other related cost in terms of loss in expenses has added value to thecompany and bring a negative effect on the workings of the company. This also highlights thedecrement of the resources and stopped building the profits.As per the operational effort, the company has been in the year of 2018 total revenue is higherGrow management consultants.2.4 Ratio Analysis:2
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Profitability Ratios:Gross profit marginGross income - $1,335,600Total Expenses - $671,403Net Profit = $664,197 Gross profit margin= Gross profit/ sales =1.98Net profit marginNet profit/ sales = 0.98Net profit margin, this illustrates that after the gross profit of the company has been identifiedthen the company will then identify or clarifies what other costs attracts to the development ofthe product or services, all these costs then will be indirectly related to the product sales orservices deliver. Further to this, the company should be noticed how the indirect costs can godown and how the cost can be efficiently put up a front and increase the net profit of thecompany. In having a variance to the subject there can be variance in the strategy but the indirectcosts can always be a factor which can be reduced in higher than any directly related costs.During the year net profit margin has been recorded as0.98. There has been a fall in profit due tothe less gross income in the profit during the years. The increase and decrease in net profit willattract the stakeholders to invest in the business and move ahead.Gross profit marginGross profit of the company has been identified then the company will then identify or clarifies what other costs attracts to the development of the product or services, all these costs then will bedirectly related to the product sales or services deliver. Further to this, the company should be noticed how the direct costs can go down and how the cost can be efficiently put up a front and increase the gross profit of the company. In having a variance to the subject there can be variance in the strategy but the direct costs can always be a factor which can be basic in the services of any of the company and relevant for possessing the gross income of the company.3
Online Grow Management Consultants Assignment_3

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