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.
Get our weekly blog posts directly to your inbox
Just 27% of Businesses have this...(Do you?)
A recent survey of over 15,000 companies showed just 27% have a written cashflow forecast. Understanding your cashflow is do or die. Don't wing it financially!
The ONE thing that can kill your business
There's only ONE thing that truly kills a business...the moment you run out of money. Do you need Financial management from our Outsourced Finance Department?
The biggest danger right now? Over-confidence
In corporates, the finance director puts together financial plans both for good times and for bad, so they never have to act in panic.
The opposite of a fragile business is… (Not what you expect)
If fragility means you break under stress the opposite isn't just withstanding that pressure. It's thriving or even growing because of stress... and we can help
The Ultimate Compliment
“Insight understood immediately that we wanted a finance department that would seamlessly integrate into our organisation" ...one comment from a happy client;
False Resilience
End of lockdown is a dangerous time for business. Essex Finance Directors Insight Associates warn on false resilience and the need for strong financial control
This feels risky
The right strategy for your business depends on your comfortable level of risk. Presented with the right numbers that gut feeling becomes a 'calculated' risk.
The hidden danger to your company: Your clients
Staying on top of billing and payments can be time-consuming. You need very clear credit control processes and the manpower to follow them to the letter always!
Soaring during Coronavirus
You can run out of money even when, on paper, you’re very profitable. Imagine how awful it would be to lose your business because you experienced wild success!
Don't take any more financial decisions without one of these
You need to accept that getting the numbers right is key to managing and growing your business. Outsourced Finance Department MD Garry Mumford explains why.
Better Stay Closed
Is it a good idea to re-open your business as soon as lockdown is over? Outsource Finance Department Insight explain why staying closed might be an option.
What's your emergency plan?
Working out what serious events might disrupt your business is a key part of your financial management. Ask your local Outsource Finance Department for help.For information on Insight Associates accounts, FD and financial management services call us on 01279 647447 or Email Us