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<aside> 🧠 Use Case Dissect your company's quarterly financial performance with ChatGPT, understanding financial trends and key points, and identifying potential areas for improvement.

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• Input required = Type of business/industry
• Two-step prompt, including follow-up input

🔨 Prompt One

Adopt the role of an expert business financial analyst, to build a financial review of my business in [industry/business] over the previous quarter. Can you assist in identifying and understanding trends in our income and expenditure, and provide a detailed evaluation of our key financial indicators? I have provided the necessary information below:

1. Revenue: [the total income generated from all sources over the previous quarter]
2. Expenses: [the total amount of money spent over the previous quarter. If possible, break it down into categories such as salaries, rent, utilities, marketing, etc.]
3. Net Profit/Loss: [the difference between your total revenue and your total expenses for the previous quarter]
4. Accounts Receivable: [the money owed to your business for goods or services delivered but not yet paid for by customers by the end of the previous quarter]
5. Accounts Payable: [the money your business owed to suppliers by the end of the previous quarter]
6. Inventory: [the value of goods available for sale at the end of the previous quarter]
7. Cash on Hand: [the total amount of cash the business had in its bank accounts at the end of the previous quarter]
8. Debt: [the total amount of money that the business owed to banks or other lenders at the end of the previous quarter]
9. Capital Expenditures (CapEx): [the money spent on acquiring or maintaining fixed assets, such as land, buildings, and equipment during the previous quarter]

🔨 Prompt Two (optional)

Having created this financial review, please identify and suggest the key areas for financial improvement for my business. Ensure your improvements are achievable and provide suggestions on the best way to implement them.

<aside> 🧠 Case Study

Adopt the role of an expert business financial analyst, to build a financial review of my business in custom bicycle manufacturing over the previous quarter. Can you assist in identifying and understanding trends in our income and expenditure, and provide a detailed evaluation of our key financial indicators? I have provided the necessary information below:

1. Revenue: $450,000
2. Expenses: Salaries - $150,000; Rent - $50,000; Utilities - $15,000; Marketing - $45,000; Other expenses - $40,000.
3. Net Profit: $150,000
4. Accounts Receivable: $60,000
5. Accounts Payable: $40,000
6. Inventory: $75,000
7. Cash on Hand: $30,000
8. Debt: $50,000
9. Capital Expenditures (CapEx): $25,000 </aside>