Financial control is critical to a business. Management must know, at all times, the exact financial position including both obligations and future projections. Development of an operating budget, and constant analysis and comparison to budget, permits management to make decisions based on knowledge – not “seat of the pants” feelings. Aside from being a required document for long term financing, the development of, and adherence to, a Business Plan helps to guide the company through the trials and tribulations of growth.
Financial information must be compiled as early in the month as possible for accurate cash flow analysis and business decisions.
Accurate detailed reporting and record keeping is mandatory. Nametre received a professional discount because of the accuracy and completeness of the documentation she provided.
At Metrisa, Linda worked with several accounting firms, the last being Price Waterhouse Coopers. PWC was able to audit the Nametre records in 3 days and was constantly complimented on the completeness of the information.
Linda developed and managed the operating budgets for both Rheometrics and Nametre.