ACCOUNTING SERVICES

We provide scalable accounting services for businesses of all sizes. Call us today for a free consultation to find out how we can help. Mecham, Dicus and Company is you premier choice for Accounting services whether you are here locally in the Las Vegas area or anywhere in the world. If you are looking for an experienced US based firm, then look no further.

BUSINESS CONSULTING

We provide a comprehensive range of services in the areas of financial management, operations, risk management, strategy and technology. We offer a customized approach to our services that's based on your needs. Additional business services include: Bookkeeping, CFO Services, Cash Flow Management, Strategic Business Planning, Tax Strategies, and more.

TAX SERVICES

We can assist in managing and minimizing all aspects of our client's tax liability, including, but not limited to, Federal, State and transfer taxes. Advance planning results in substantial benefits and allows time for developing alternative tax strategies. We also provide businesses period-end closing, financial statement preparation and budgeting on scheduled.

Criteria for Business Expansion Strategy in Draper, UT; Calculate Operating & Projected Cash Flow & More

Perhaps surprisingly, there are quite a few businesses that are looking to expand. Even small businesses can find the silver lining amidst the gloom despite the fact the economy has been hit hard by the pandemic. If you are looking to expand, we at Mecham Dicus & Company would like to offer worthwhile accounting advice for you to consider below.

Calculate Operating Cash Flow

Your income levels are measured in operating cash flow. This basically tells you if you have enough revenue to cover your operating expenses or in the event you are in need of additional funding. Your inventory, your salaries, your services, and your sales is the primary focus of the principle of money-in, money-out.

What is Making Working Capital?

Working capital is essential in considering the business expansion. Your liquid assets are tracked with this key performance indicator, or KPI. In turn, these assets are commonly used on short-range financial expenditures, which under this category includes receivable accounts, short term investments and obtainable cash. Check what your working capital is should you want to know the difference between your assets and liabilities at a glance.

Current Ratio

Many business owners are curious about what your current ratio is. You can use it to find out what your company’s short-term liquidity is like based on assets and liabilities if this is the case. The marketable securities, inventory, or accounts receivable are considered to be your current assets. Information you would normally expect to see on a balance sheet, such as your liabilities take the form of debts and other financial obligations are included. Accounts payable and short-term debts are prime examples.

What is a Good Investment Return?

Both profits and losses are brought with investments. A smart ROI is critical in the event you are trying to scale your company up. On a percentage that compares the profitability or efficiency of your investments, like on relevant marketing campaigns, is how this calculation is best.

Projected Cash Flow

The basis of how cash flow forecasting is supposed to work, is the money-in and money-out. Depending on how far out you want to speculate, a projection of how much money you can expect to make or lose over the next few weeks, months, or years is the simplest way to put it. You need to factor this KPI into your preparations to avoid potential insolvency should you want your business to grow or begin to scale.

Business Consulting & More in Salt Lake City, St. George, West Valley City, Provo, Orem, West Jordan & Greater Cedar City, Utah

Ultimately, when it comes the financial growth, whether you need help with the accounting, bookkeeping, or consulting, you want the professionals of Mecham Dicus & Company to assist you. Our qualified professionals possess formal training and experience to help you and your business be a success. Call us today to schedule your consultation. We can discuss which services can help your business prosper. We are readily available to answer any questions you may have and address any of your concerns. At Mecham Dicus & Company, we do everything possible to help you and your business.

Accounting, Consulting & Tax Services in Greater Las Vegas NV, Cedar City UT, Seattle WA, San Francisco CA, Milwaukee WI & More