Business owners have a lot to think about when it comes to running their day-to-day operations. From finding ways to attract new customers to selecting the right products, it’s clear that being at the helm of a company is a time-consuming and stressful experience.
It’s no wonder, then, that so many business owners struggle to stay on top of all of the different financial aspects of their organisation. It can be all-too-easy to simply go from day-to-day, staying afloat and hoping for the best rather than taking the time to have an in-depth look at the company’s finances to see where improvements and changes can be made. This is where FairFigure can help your business improve its finances.
What Is FairFigure?
FairFigure is an online, free service which is designed to help business owners to gain more insight into their company’s finances, fundability, business scores and budgeting. Convenient and user- friendly, it offers a simple way for business owners to check their public records, credit scores and trade experiences without needing to pay a penny.
How Does FairFigure Help Business Owners?
FairFigure was established to assist business owners in staying on track of their company’s finances. It achieves this by offering a range of helpful services that allow businesses to find out how well they’re doing in monetary terms.
FairFigure’s Personal Credit Monitor service gives access to the business’s 3 Bureau Credit Report so that any changes can easily be monitored and evidence of identity theft can be spotted and stopped at an early stage. Businesses can receive simple-to-understand health reports as well as budget analysis and recommendations, and they can even benefit from alerts to security breaches in real time.
Meanwhile, the Automated Business Budget Advisor offers a handy tool which allows budgets to be intelligently built and then progress to be monitored, with spending and sales trends being forecast for better control over the company’s finances.
With the Fundex Prediction service, it’s also possible for business owners to claim their own Fundex ID and learn whether or not they would be likely to get No PG funding before becoming matched within 24 hours with suitable terms.
Is It Easy To Use FairFigure?
Busy business owners will be delighted to discover that FairFigure is simple to use. All they need to do is verify their email address, search the database to find their company details and then begin looking for any inconsistencies and planning their next steps.
From that point, accessing the company’s financial data is a breeze, and so business owners can start to effectively manage their budget and subscriptions, and balance their expenditures. When paired with the company’s information, this allows the Fundex score to be calculated so that a capital funding amount can be more accurately predicted.
Once business owners have their financial data, business credit profile and their 3 Bureau scores and reports, they have everything they need at their fingertips to maximise their business and achieve their goals.
