With all that it takes to operate a business, there can be little time for looking to the future and planning ahead. Fortunately, at TFO Solutions, we are excited to meet you where you are and help bring order, structure, and even forecasting to your financials through a financial modeling process. Located in the DFW metroplex, it is our privilege to bring our bookkeeping solutions to businesses in Dallas, Fort Worth, and the surrounding areas.
You may be wondering what financial modeling is and how exactly it can impact your business. First, it is a tool that is used to predict a company’s future financial performance. This modeling is done using Excel and is based upon past performance data, while making assumptions about what is to come.
This tool incorporates income and cash flow statements, a balance sheet, and schedules that support these assumptions. From this, advanced models can be created, including:
Data collected from this modeling process can be used for making decisions and evaluating financials both inside and outside the company. From inside, financial modeling can provide guidance on things like:
At TFO Solutions, we are here to reduce your workload while helping your business succeed. We do this best by helping our clients create a clear financial picture of their company through modeling. Let us help you prepare for the future by using these best practices and taking on a large part of your financial workload.
The following steps are just a glimpse at how we turn your current financials into an instrument that can be used for the future:
When it comes to running a business, it’s not only okay to enlist the help of others, it’s extremely beneficial. At TFO Solutions, a simple phone call will provide you with a team that is ready and eager to help with your financial modeling needs. We are confident that through our service, you will be able to plan and better prepare for the future of your company.