Hornung & Associates, LLC

Retirement Financial Planning & Financial Analysis Software
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(Sample Analysis & Report) View a sample financial analysis and report generated by the business performance software using Adobe Acrobat's Reader (available for free download). You may close the window in which the example appears at the end of your review.

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The June, 2003 issue of "Accounting Technology" magazine reports the results of its research on state of the art Business Analysis Tools in its article "Analyze This" by Robert W. Scott - Editor.

It identifies Hornung & Associates’ Business Analyzer software as "An Economical Move" to business analysis. 

"The Business Analyzer from Hornung & Associates combines numerical analysis with a graphical approach that enables small business to perform the kind of inspection available to large businesses"

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Identify and correct performance problems before they have a major impact on your business.

-         The model identifies actions you can take to reduce costs and increase profits by calculating key financial ratios and percentages using the information from your financial statements.  

-         Earn a better credit rating from your investment banker and lower the interest rate you pay on loans.

-     Reduce the amount of money you have invested in inventory and accounts receivable. 

-    Discover if you are operating with insufficient working capital. Are you paying your bills too soon?

-        Find out if you have too much capital tied up in fixed assets.

-         Determine how your financial performance compares to other companies in your industry. Are you competitive?

-         Manage your operating expenses more effectively.

-    Perform a detail variance analysis of your company’s financial statements and detect variances, discrepancies and undesirable trends.

The model calculates more than 275 key financial ratios, percentages and operational performance measurements. This evaluation allows the manager to make more informed management decisions.

Individual schedules are provided that compare a company's financial and operational performance to the industry standards published in Risk Management Association’s “Annual Statement Studies”; Dun & Bradstreet's "Industry Norms & Key Business Ratios"; and Leo Troy PhD's "Almanac of Business and Industrial Financial Ratios". Detail variance analysis is automatically generated.

All schedules provide item-by-item percentage and variance analysis on a company's Profit & Loss Statement and Balance Sheet. This allows the user to identify adverse conditions and areas of opportunity.

The model contains full explanations for the primary business ratios. What they mean, how they are calculated and how to use them to improve your company.

The "Cash Flow Forecasting Model" is included with the "Business Analyzer". This model allows the user to design a comprehensive cash flow forecast for a business.

The "Business Analyzer" also contains the "Comparative Financials Model" which employs the techniques of both comparative analysis and percentage analysis to achieve an in-depth examination of of a company’s financial position and performance. This analysis provides a detail breakdown of each component on the Profit & Loss Statement and Balance Sheet. The user identifies the financial periods for each of the desired comparisons.

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Increase the reliability and accuracy of your budgeting and strategic planning processes.

-         Evaluate the feasibility of a new business venture before investing funds.

-     Understand the importance of timing when it comes to financing and your image.

-     Determine if your current sales trend will strain your company's cash flow, lines of credit, or raw material resources. What effect will it have on manpower levels, equipment needs and facilities requirements?

-         Ascertain the level of sales required to generate an additional $100,000 in profits. $500,000. How many orders, customers, employees or production (retail) space will be needed.

-         Find out what sales volume will be necessary to maintain profits if you reduce prices 5%.  Increase them by 2%.

-         Determine operational levels required to achieve different sales levels in orders, man-hours, units, customers, salesman and square feet expressed in annual, quarterly, monthly and weekly values. The net changes from current operational levels are provided.

-         Discover how much inventory you will need to support a 20 % increase in sales. How much receivables. Identify what affect the increase sales will have on your cash flow.  How many orders, customers or man-hours will be required per month.

-     Learn how to use 'Management-by-Exception' to improve your company's performance.

An infinite number of sensitivity analysis’s can be run to test strategic and tactical plans to see what overall effects they will have on a company's financial image and performance.

The business analysis software generates breakeven points in currency; units; orders; customers; operational man-hours; number of employees; sales representatives; and production square feet. The analysis is provided in annual, quarterly, monthly and weekly values. This allows a company to monitor its profit position on an ongoing basis.

It includes comparative Profit & Loss Statements and Balance Sheets. This allows for the detection of significant changes or undesirable trends in revenues, costs, expenses, assets and liabilities.

A Capacity Requirements Planning & Capital Expenditure Analysis is also contained in the model.

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Knowledgeable management is the key to a company’s success and whether it achieves its profit goals or struggles to stay alive. The "Business Analyzer" allows you to look beyond the dollar values reported on your financial statements using detail ratio analysis.

"... very helpful in identifying the strengths and weaknesses of businesses applying for loans with US Bank."
Iris Clark, Assistant VP  -  US Bank

"... a very comprehensive and useful tool to evaluate our company's financial performance and status"
W. Gene Hintz  -  Contract Furniture, Inc.

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Enhance your operational performance.

-    Uncover the most common red flags that will tell you how your business is doing. Every company has blind spots, the business analysis software can help you find yours.

-    Determine where you stand regarding your profit objectives and breakeven points on annual, quarterly, monthly and weekly basis.

-     Discover what the average net profit is per order. Average sales expense per customer. Average number of orders per sales representative.

-     Operational performance measures are broken down by: production man-hours, production employees; production units; production square feet; warehouse square feet; administrative square feet; sales square feet; sales orders; customers; sales representatives; and total employees.

-    The measures are provided for: sales; cost of sales; gross margin; operating expenses; other expenses; net profit before taxes and operational productivity ratios.

The business analysis software forecasts current year totals from year-to-date values allowing a company to evaluate its performance year-to-date and compare the information to an annual budget.

It provides detail benchmarks to help monitor and control a company's operational performance and efficiency.

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Improve the accuracy and reliability of your sales forecast.

-         Determine if you have significant seasonal fluctuations in your sales.

-     Identify sales trends.

-    Forecast your sales using the 'least squares' method of regression analysis.

The "Business Analyzer" also includes the "Sales Analysis & Forecasting Model" which will give you answers to your forecasting questions.

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Number crunching does not have to be complex or time consuming.

-         The quick and simple data entry allows for a detail, reliable financial and operational analysis of a business in less than thirty minutes.

-         The primary data entry requirements consist of the elements from a company’s balance sheet and income statement. Additional data entry is optional. The more data provided, the more information will be generated for the management team to control and monitor the organization’s performance.

Data is entered only once and is disseminated throughout the model. This insures the reliability and integrity of the business ratios and the analysis.  Data entry is also monitored by an error messaging system that identifies missing or incomplete information in any segment of the model (profitability analysis software; ratio analysis software; operational performance software; and business performance software).

The ratio analysis software is designed using Microsoft Excel software. Additional spreadsheets can be added to the model with any report, graph or charting tool available in Microsoft Excel.

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"... logically organized, structured well and easy to follow"
W. Gene Hintz  -  Contract Furniture, Inc.

“… I was impressed with the ease of data entry and the readable, usable format of the output.”
Iris Clark, Assistant VP  -  US Bank

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The "Business Analyzer" is the result of more than 40 years experience in providing management consulting services, business analysis software and operational performance software to the business community.

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Review the (Product Specifications)

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Submit questions & inquiries on the Business Analyzer to support@hornungllc.com

Check out our Restaurant Analyzer (Restaurant)

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Price - $419.00
Click (Here) to place an order.

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