Within the framework of operating most any business, the day-to-day operation consumes the principals with myriad
details that drives the business forward. Often the financial details are relegated to a clerk or accounting firm, frequently resulting in essential reports being received weeks and even months after
critical business decisions are or are not made.
Edison Technologies recognized the importance of a timely financial general ledger, with all of its reports prepared in a fashion so they enable the
principals to make sound decisions on the future of the business. Stories abound of companies floundering because critical operating reports either did not exist or were not available in a timely
Decision delayed can have a tremendous adverse impact on a company. Operating reports and statements and a balance sheet are tools the principals should use to make the decisions
necessary to grow the business. Is the company adequately capitalized? Is a bigger, or smaller warehouse needed? Is now the time to expand, order more trucks, or does a decline warrant a
pullback? Does the balance sheet hold up to the scrutiny of financial institutions when a cash inflow is needed for an inventory build for a Holiday season? Not surprisingly, many owners cannot
answer these questions, simply because the information isn't readily available. They're extremely important questions that can readily be addressed when the proper reports are available.
Technologies works with business owners, whether small or large, to provide the reports that are easily understood, and enable a business person to weigh all the factors and make the right decisions.
Considering tax implications is another factor that must enter into most decisions. Often decisions are reached without taking taxes into account, often with less than desired results. We strive
to provide reports that can be analyzed in just a short while at regular intervals, so that decisions can be reached quickly, in either an enhanced or declining business.