Analytical Review

This is a tool to show how your business is performing compared to previous years, and profits against turnover levels. By doing this it may highlight areas of the business that are struggling to provide returns, and therefore you can look at removing the particular area, or at least make changes to it.
It may highlight a particularly strong area, which would be worth investing more time and money into to improve your overall profitability.

The use of variance analysis, ratio analysis and SWOT analysis can be used to assist this process.

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