Suppose you are the financial manager of a business that you started five years ago. Your business is experiencing difficulties due to Covid 19. Now you need to re-evaluate your business situation to regain control of your business.
Task:
Examine your business situation for the past five years.
Analyse and discuss the annual trends revenues for your business.
Identify the key factors that have affected the revenue sources and costs for your business (five financial years).
Analyse and discuss the annual profitability trends of your business over the five-year period. Calculate and predict the profitability trend for the next-five period.
Identify and explain the key financial performance drivers of your business during the forthcoming five-year.