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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“Our people are our secret to our success” said the business owner – The counterpoint to that is they’re also your greatest vulnerability.
The financial side of your business can’t be the only part of your business that professionalises.
All parts of your business really need to grow up together, in order to create a more profitable organisation that is ready for its next stage of growth.
How deep fake technology scammed a Hong Kong business out of $25 million
What are you doing that you shouldn’t be? Are you wasting time on your finances when you could focus on growth, not accounting.
A glimpse into the future and how AI is transforming my work.
Our intention is to forge a long-term relationship with our clients, and I expect them to be similarly committed. In a sense, we’re also tying the knot.
Experience indicates to me that business owners without strong financial backgrounds focus on profit and loss rather than the balance sheet.
There are several common reports in every set of monthly management accounts to give a view of your past, present and future.
Have you ever found yourself making decisions in the dark?
Here are some of my favourite pieces of 2023 which I believe are worth revisiting.
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Insight Associates Limited. Registered in England and Wales Number: 5670047. Registered Office as above.
Copyright © 2023 Insight Associates Limited. All rights reserved.
Tel: +44 (0)1279 647447
Insight Associates
Limited
Insight House
Riverside Business Park
Stoney Common Road
Stansted Mountfitchet
Essex, CM24 8PL
United Kingdom
Copyright © 2023 Insight Associates Limited. All rights reserved.
Insight Associates Limited. Registered in England and Wales Number: 5670047. Registered Office as above.
Copyright © 2023 Insight Associates Limited. All rights reserved.
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