Always adding financial management value
Good financial management is as must for every business but it's often ignored and overlooked simply because it's misunderstood. In this blog archive Essex FD Garry Mumford simplifies all things financial and shares with us a lifetime of practical financial business advice.
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Leap of Faith
Investing in your own future can require a leap of faith. For less risky investments in your own company you need to take 'calculated', not 'impulsive' risks.
Did you miss these?
Grab a cup of coffee and check out some of my most popular pieces from the last year...
How much should you spend on financial management?
How much you should invest in your financial management depends on 2 things. Is your financial management fit for purpose? and how complex is your business?
The secret to cutting costs in your business
Cost control isn't a one time event, it's about developing a company culture where your people constantly challenge your spending. Consider the price and value.
We're going north (and south)
Everyone’s much more open to remote ways of working nowadays, and we finally all have the technology to make it feel smooth.
Why you shouldn't rush to replace your accountant
What do you do if you lose your bookkeeper/accountant/finance director in the Great Resignation? Don't rush to fill the position as there could be a better way
Your business plan for 2030
To disassociate themselves as a greedy oil giant BP set a mission statement to help the world reach net zero then committed to an ambitious business plan.
Don't cancel your Christmas party. It makes no financial sense
Despite looming insolvency I insisted they have a staff lunch in December, because those were the people who were going to save the business!
20% more profit - with this small tweak
There’s hardly a business on the planet which doesn’t need to cut costs. We almost all overspend. That means almost every business could be more profitable.
The illusion of cost control
If you really want to control your company’s expenses, you need a system to approve purchase orders before they’re issued.
We nearly lost our company. Now we’ve sold it for millions
Insight freed us from the paralysing stress of not being totally in control of our business. For the next 10 years we grew the business at 15% - 18% a year.
Put your staff first
Staff who feel cared for and who have opportunities for training and growth will be more enthusiastic about working for you.For information on Insight Associates accounts, FD and financial management services call us on 01279 647447 or Email Us