Pratt and LeFevre Corporation
https://prattandlefevre.com/contact-us/
450 Simmons Way, Suite 760,
Kaysville, Utah 84037
833-722-8848

A monthly newsletter brought to you by your Pratt and LeFevre Corporation Team
VOL. 2, ISSUE 1 January 2023

CELEBRATE FINANCIAL WELLNESS MONTH: 3 STEPS TO IMPROVE YOUR BUSINESS FINANCES

January is Financial Wellness Month, and as a business owner, this is the perfect opportunity to focus on the financial health of your company. Financial wellness is all about being in control of your financial situation and having peace of mind about your finances. It means having a clear understanding of your income and expenses, setting and achieving financial goals, and being proactive about managing your money.

As a business owner, financial wellness is especially important. It's essential for making informed decisions about your company and for ensuring its long-term success. So take some time during Financial Wellness Month to review your business finances and identify any areas where you can improve. This might involve creating a budget, seeking financial advice, or implementing new financial management practices. By doing so, you'll be well on your way to achieving financial wellness for your business.


MAXIMIZE YOUR COMPANY'S FINANCIAL SUCCESS WITH P&L STATEMENTS

As a business owner, it's important to keep track of how your company is doing financially. One way to do this is by regularly reviewing your business' profit and loss (P&L) statement. This document shows your company's income and expenses over a set period of time, usually a month or a year. By looking at your P&L statement, you can see exactly how much money your business is making and where it's being spent.

Understanding your P&L statement is crucial for making informed decisions about your business. It can help you identify areas where you might be able to cut costs or increase revenue. It can also alert you to any potential financial problems, so you can address them before they become too serious. So don't neglect your P&L statement! Make it a regular part of your financial review process and you'll be well on your way to managing your business finances like a pro.


EFFORTLESSLY MANAGE YOUR BUSINESS FINANCES WITH THE HELP OF PRATT & LEFEVRE

If you know a business owner who struggles to understand the financial aspects of their company, or if they simply don't have the time or resources to manage their finances on their own, Pratt & LeFevre can help. Our team of experienced financial professionals can assist with a wide range of services, from creating and analyzing financial statements to developing and implementing financial strategies.

Whether you need help with budgeting, forecasting, or identifying areas for cost savings, we have the expertise and resources to support you. We understand that managing your business finances can be overwhelming, which is why we're here to make it as easy and stress-free as possible. With Pratt & LeFevre on your side, you can focus on growing your business while we handle the financial details.

Contact Daniel McCraine, our National Sales Director at: Danielm@prattandlefevre.com


Have you been to our website lately?

Meet our team specialists at https://prattandlefevre.com/our-specialists/

Each of our specialists follow the O.N.C.E. (Own Nothing, Control Everything) Process in their own business. Our team has their own successful business and contracts with Pratt and LeFevre Corporation to work with clients, bringing their expertise in business, accounting, taxes, financing, marketing and more. Visit our website today to learn more about Pratt and LeFevre Corporation team of specialists ready to work with you.

In addition, you can read all of the back issues at www.prattandlefevre.com/newsletters-2/


DISCLAIMER: Pratt and LeFevre Corporation has several attorneys on retainer. Any information contained herein should not be considered legal advice. The above is only an explanation of instructions given to Pratt and LeFevre Corporation by our attorneys which we have been given permission to explain from a lay-person’s point of view only. Any clarification or questions must be answered directly by an appropriate attorney.

Pratt and LeFevre Corporation
https://prattandlefevre.com/contact-us/
450 Simmons Way, Suite 760,
Kaysville, Utah 84037
833-772-8848

Memberships & Affiliations

NATIONAL SOCIETY OF ACCOUNTANTS

AMERICAN COLLEGE OF FORENSIC EXAMINERS, INTERNATIONAL

UNIVERSAL ACCOUNTING

BYU MANAGEMENT SOCIETY

Get In Touch

    Corporate Headquarters:

    Pratt and LeFevre Corporation
    450 Simmons Way, Suite 100
    Kaysville, Utah 84037
    (By appointment only)
    833-772-8848
    info@prattandlefevre.com