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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You, in 2029...
Your business is only really valuable when it doesn't rely on your input at all. The key sign is that you can take months off without your business collapsing.
This one question determines the value of your business
We've established that systems are an important part of your business but this one question determines the value of your business.
Peanuts or Millions?
A business that evolves organically can be worth a lot less than a business that runs on systems and processes....but what if you don't know where to start?
Is your business valuable
It's not enough to build a business that is valuable for you, and you alone. It has to be objectively valuable, too. Are others willing to buy your company?
The question most entrepreneurs get wrong and pay for with their business
The answer to when businesses are most likely to become insolvent without ever seeing it coming...and the reason why.
Bankrupt...without ever seeing it coming
When you build your business, at which point are you most likely to go bankrupt....without ever seeing it coming?
Could you leave your business for 2 months
When your systems are solid and optimised, you can leave for your holiday in peace, knowing things are still swimming along without you.
Why building a high-value business is just like gardening...
Develop the vision, set the financial infrastructure, make better strategic decisions - and the key part...REPEAT! As your vision changes so will your plan.
How to create REAL lasting value with your business
If you want others to perceive value in your business, too, and be wiling to pay money for it one day, you have to create a business that will work without you.
Crossing the Canyon
Fast growth must be carefully managed or it will strain your financial processes. Financial impacts of decisions increase and you need more than a book keeper.
Full Steam Ahead with a £4.4m National Lottery Heritage Fund Grant
Outsourced Finance Specialist Insight Associates deliver vital financial management and accounting support to the North Yorkshire Moors Railway (NYMR)
How to build a company you love
Developing a business you will love; working the hours you choose; doing the work you enjoy; for the income you need doesn't come about by accident.For information on Insight Associates accounts, FD and financial management services call us on 01279 647447 or Email Us