Identify Weaknesses and Opportunities in Your Business
The SBTDC utilizes AI-powered software, ProfitCents®, a product of NC technology firm Sageworks, to produce financial reports and analysis to identify weaknesses and opportunities that exist in your liquidity, sales, and profit margin ratios and to design strategies to save and make more money.
A session with an SBTDC counselor can give you:
- Key business ratios for assessing your business’s performance
- An evaluation of your current results compared to previous years
- Real-time comparisons of your results with others in your industry
- A list of areas to focus on
- Practical advice and solutions to improve your financial situation
- Charts and ratings to help illustrate and interpret your numbers
- Definitions to help you understand the purpose and meaning of ratios and statistics and how they are derived
- Future projections and financial impact for growth strategies
