Using Our Proprietary Technologies to Give You a Competitive Advantage
Taylor Business Group is pleased to offer the Roadmap to Profitability Financial Dashboard, a revolutionary way of looking at your financials.
You no longer need to be baffled at what your income statement or balance sheet is telling you. The Roadmap to Profitability Financial Dashboard will display in graphical terms how each segment of your company is performing by comparing your results to the Taylor Business Group's industry leading performance benchmarks.
This is an online service. You simply upload your chart of accounts, income statement and balance sheet in a CSV format to a secure location on our website and these reports are automatically generated for you. You choose the time period(s) for the reports.
Roadmap to Profitability Income Statement Dashboard
Through the use of gauges, you will be able to determine if you are not meeting the benchmarks (in the red), close but not at the benchmarks (in the yellow) or exceeding the benchmarks (in the green) as shown below:
This first page, as seen above, is an overall snapshot of your income statement for the period you have selected. You can drill down into the details of each segment of your business by clicking any of the other tabs (Products, Services, Recurring, Non-recurring, Sales or Admin).
When you click one of those tabs a detail of that part of your business appears:
On any of those tabs (Services was chosen as seen above), you can view your financial performance in detail for that part of your business. Note that on some of the displays there is a blue ball. This is a slider that will allow you to adjust the values of an item.
For example, on the page above you see that Service Salaries is in the red. You can move the blue ball slider to the left to see the overall effect of reducing the salaries (until it turns green) for your service department's profitability and the effect on the overall company's profitability (see the gauge in the far upper right hand corner). This feature allows you to play the ‘what if" game with any of your numbers.
Roadmap to Profitability Trending Dashboard
The final aspect of the Roadmap to Profitability Financial Dashboard is trending. In essence, how are the components of your business performing over time. Up to 24 months of data can be accumulated for the trends.
An example of a trend page is found below:
There are 6 basic areas of trending:
Service Gross Profit
Net Operating Income
Now you can look over multiple time periods at how you are improving your business, and, at the pace you are going, project what your business is will produce in all of the categories just listed.
Roadmap to Profitability Video Training Vignettes
(Click the Expand Button for the Best Viewing Experience)
High Level Overview RTP 2.0
Product Gross Margin RTP 2.0
Service Margin RTP 2.0
Sales and Admin Expense RTP 2.0
Gap Analysis Report RTP 2.0
Mapping Report RTP 2.0
Balance Sheet RTP 2.0
Taylor Business Group has been a leader in the IT industry for almost two decades. As evidenced by clients who represent nearly $400,000,000 in annual revenue, Taylor Business Group has developed the metrics and methods that drive business success. The average Net Operating Income (NOI) for our members has increased by four percentage points in their first two years. This translates to an extra $40,000 of income for every $1,000,000 of top-line revenue for our members. That's over $16,000,000 of additional real profit created annually!
"Since we began working with the Taylor Business Group, we have quadrupled our net profit, radically improved customer service and responsiveness, reduced our staff's stress levels, and gotten rave reviews from our client's on the improvements in our processes. Working with Larry has helped me to focus on the business in a way that only someone looking in from the outside can. TBG does for us, what we do for our clients - provides the business tools and processes for success.”