Insightful reporting of performance
Blake & Blake analysed the financial performance of a multi-product business that was making good profits. The analysis revealed that one product was making very large profits and was effectively subsidising the other product that was loss making. Until this analysis was carried out, management of the business believed that all products were performing well. Blake & Blake were then able to work with the management of the business to improve the performance of the loss making section resulting in increased profits.