Frequently Asked Questions (FAQs)

Q: What is MFS (My Financial Scorecard)?

A: MFS was designed to help entrepreneurs get a handle on the current financial state of their business and identify areas where they can work on to improve their bottom line.
Our team of professionals do a thorough review of your company’s financials to identify and benchmark key KPIs that are either pushing you forward or holding you back from hitting your goals.
Our action plan sets you on the path to run a more profitable company.

Q: Why do I need this?

A: You might not, if you already know exactly how your company is performing and what key areas are either pushing you forward or holding you back.

Otherwise, this report will do exactly that.

Q: Who should use this?

A: Entrepreneurs who want to build a more profitable business by identifying key areas of improvements that can be made.
Answer questions like: am I winning financially?
Is my company healthy?
Where can I focus my efforts to yield the greatest impact?

Q: What if I know nothing about financial statements?

A: No worries! MFS is not the typical financial reports you get from your CPAs that are hard to read and understand.
We’ve identified 9 KPIs that tells the story of your financial health complete with simple explanations on why they matter.
Want to learn more? We’ll also include additional resources only accessible through the MFS Report that elaborates on each of the nine KPIs.

Q: How long will it take to get my report?

A: The report will be sent back to you within 48 HRs after submitting 3 financial reports with just a few clicks! (It takes about 60 secs to complete)

Q: How do I use this report?

A: While the first two sections of the MFS report will help you understand how your company is doing financially and the state of your accounting infrastructure, Section 3 is where the action lives.
In Section 3, we’ll provide you with a list of suggested next steps that you can take to improve the profitability of your business.
If you have additional questions or would like to speak to us about strategy — we will be willing to help. 🙂

Q: Does the size of the business matter?

A: It doesn’t matter. The calculation of MFS is effective for any business in any scale.

Q: Is my data safe and secure?

A: YES! We understand that financial information is held close and dear to people’s heart and we take the trust our customers have placed in us very seriously.
So much so that Absolute Confidentiality is explicitly stated as one of DeepSky’s brand promises. We literally hire and fire by it.

Q: What information should I provide to get started? Do you have instructions to get them?

A: We will need your last 12 months Income Statement (P/L), Balance Sheet, and Cash Flow Statement to get started.
We also have instruction for accounting software such as Xero, QuickBooks Plus / General and Bench. (It takes about 60 secs to download all of them)

Q: What if I provide wrong data?

A: We wouldn’t expect that to happen with the instructions provided here. If you’re still unsure as to where to get started, we are here to help!