The Business Analyst and Your Law Firm

As the owner of Pineapple Consulting Firm, Jack Tompkins helps leaders to analyze and visualize their financial and marketing data and interactive charts, graphs and dashboards. They don't have to deal with the annoying data gathering and manipulation of it all and can quickly see the full picture. Jack and I explored several topics during our conversation, including some of the nuts and bolts, basic starter places that you can go as a solo law firm owner to understand financial data at a higher level. Before you assemble that full financial team, you need to know your numbers first. Just by easy, simple data understanding of Excel, you can really start to make progress in understanding your numbers and making better financial decisions in business. Tune in and learn more! In this episode we discuss: Using accounting software to keep track of everything. The importance of learning to use data collected as a guide in decision making. Tracking revenue sources to help identify the most successful profit generators. Using a Statement of Cash Flows to assist in budgeting upcoming expenses. Automating but at the same time staying involved in the process. Growing your top line revenues versus growing your bottom-line profits.