📅 2024-12-14 — Session: Comprehensive Financial Analysis and Planning
🕒 16:10–18:25
🏷️ Labels: Financial Analysis, Income Optimization, Property Management, Accounting, Financial Planning
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal
The session aimed to conduct a comprehensive analysis of income sources, financial contributions, and expenditures, with a focus on optimizing financial management and planning for a family business involved in real estate and property management.
Key Activities
- Analyzed income sources from various properties for the years 2023 and 2024, identifying opportunities for income optimization and diversification.
- Reviewed financial contributions and monthly expenses using a stacked bar chart to identify trends and patterns from January 2022 to November 2025.
- Developed a comprehensive financial balance including assets, liabilities, and projections for 2023 and 2024, with strategic recommendations for sustainability.
- Proposed a clear accounting structure for organizing assets and liabilities in Google Sheets, complete with examples and data entry guidance.
- Provided a template for analyzing key financial metrics, covering assets, income, liabilities, and loans with specific formulas and examples.
- Refined the financial overview structure to improve organization, categorization, and readability, and offered recommendations for enhancements.
- Delivered raw CSV data for a financial overview, detailing categories, projected incomes, and liabilities for 2022 to 2025.
Achievements
- Successfully identified key patterns and opportunities for financial optimization in income streams and expenditure management.
- Established a clear framework for future financial planning and analysis, enhancing the strategic direction for the family business.
Pending Tasks
- Implement the proposed accounting structure and financial metrics analysis in the operational systems.
- Continue refining financial projections and explore additional income diversification strategies.