You'll Get More From Your Business Data if You Benchmark
probably track a variety of data to determine where your
business stands. Monitoring both financial and nonfinancial
key performance indicators (KPIs) - such as debt to equity
ratio and customer service response times - can help you spot
problems and set objectives.
But a great way to
take your business data one step further is to see how your
KPIs stack up against previous periods or those of other
companies in your industry.
by benchmarking your KPIs from one period of time (for
example, a quarter or year) to another. Doing so will help you
spot trends pointing to future problems so you can deal with
them before problems actually arise. If your accounts
receivable days are lengthening, for instance, this might
indicate that your collections are lagging and a cash flow
crunch is looming.
industry benchmarking, various sources are available. A good
place to start is your industry trade association. Bear in
mind, however, that some ratios have slightly different
versions. It's important to know exactly which ratio is being
used when comparing your results to those of other companies.
We can help you find the right industry benchmarking data and
crunch all of the numbers, both internal and external. Please
give us a call at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,