"Turnaround" Your Business Before You Need To
MyBizPath Inc. is a consulting firm located in the Tampa Bay area which provides the leaders of mid-sized businesses with better insight into where they are really making and losing money in their businesses so they can make better decisions.
If you are like most business leaders, you are forced to make major decisions without knowing which customers, products and services are really profitable and which are not.
We solve that problem by providing you with the financial information you need, in a form that is both quick to understand and is "actionable."
We dig into and analyze the numbers buried within your various systems and figure out how to collect any required additional detail information.
The numbers should give you cash availability, profitability by segment, customer, product, etc. and where money is being wasted by excess capacity, inefficiencies or lack of controls.
We create the various reports you need to make the best decisions.
We assist you and your team in using the information from the analysis to improve the cash flow of your business.
You may decide to streamline your operational activities, implement better spending controls, eliminate some of your excess capacity, or sell or close some unprofitable operations.
It might be that the most important action you take is to change your pricing structure to eliminate unprofitable customers.
We assist you in expanding your business once you have your base very profitable.
You may decide to make capital expenditures, expand into larger facilities or make a strategic acquisition. Having excellent financial information is key to success.
We help ensure you have the available funds to execute your expansion strategy. Of course, the best time to get a lending facility from a bank is when you do not need it.