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5
Pillars of Quality Assurance
I. Administration
II. Operations
III. Product Development
IV. Marketing
V. Quality Control
Through our Quality Assurance Program, we provide a complete
analysis of a company. Based on this information, Mark Beil
Accountancy assists the business owner in establishing goals
for growth and developing strategies to achieve these goals.
An important feature of the Quality Assurance Program is the
use of graphs, diagrams and flow charts to present information
about the company visually. Based on this highly effective
medium, the client can gather accurate information about his
or her company's operations, assign responsibilities for tasks
and implement a strategic process for expansion.
3
Legs to the Stool
A successful business must have the following three "legs":
I. Profitability- To increase profit you must increase revenue
or reduce expenses or use a combination of both.
II. Cash Flow- To increase cash flow, you must increase gross
margin, reduce expenses related to cost of goods and operations,
or a combination of both.
III. Return on Investment- To increase ROI, you must increase
profitability or increase the speed at which assets turn over.
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