📅 2024-12-21 — Session: Comprehensive Financial Analysis and Strategy Development
🕒 00:00–01:40
🏷️ Labels: Financial_Analysis, Business_Metrics, Google_Sheets, Strategy_Development
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal
The primary goal of this session was to conduct a comprehensive financial analysis of a business, focusing on key areas such as liquidity, profitability, debt management, and savings, and to develop strategic recommendations for improvement.
Key Activities
- Conducted a detailed financial analysis over several years, focusing on liquidity, profitability, debt, and savings.
- Analyzed business structure, identifying key income sources, liabilities, expenses, and governance challenges.
- Developed formulas in Google Sheets for classifying liquidity and financial metrics.
- Provided strategies for managing financial challenges in family-run businesses.
- Applied conditional formatting in Google Sheets to enhance data visualization.
- Suggested improvements for financial balance sheets and provided formulas for financial calculations.
- Emulated pandas functionality in Google Sheets for advanced data manipulation.
- Explained net profit calculations and distinctions in financial reporting.
Achievements
- Developed actionable recommendations for improving business financial health.
- Created practical tools and strategies for financial management in Google Sheets.
Pending Tasks
- Implement the strategic recommendations in the business’s financial operations.
- Further refine Google Sheets tools for more advanced financial analysis.