The allure of a substantial contract can sometimes obscure the dangers of depending on a single client for most of your revenue.
Tag archives: finance director
How to grow beyond £5m: Insights from iplicit’s journey
As promised last week, I’d like to share some of the key changes Lyndon Stickley, CFO of iplicit says they have implemented as they work towards achieving £10 million in Annual Recurring Revenue (ARR).
Not a numbers person? This will change your mind
Think business finances are boring? Perhaps you simply haven’t been given the kind of financial information that truly captures your interest.
Is your business too dependent on you?
If your business can’t function without you, it will always face limitations.
Gradually handing over the reins is a critical stage of exiting your business.
How do you know your numbers are accurate?
When we step in, we often find accounts in disarray, but no one else in the business had strong enough financial skills to pinpoint the exact problem.
4 books that transformed my perspective on business
These 4 books have profoundly impacted my approach to business and could do the same for you.
Measure what matters
All too often, companies measure things that they believe are standard, or useful, but are actually not that relevant.
From father to business owner: A journey of letting go
When you’ve put your heart and soul into your company, letting go and trusting others to take the lead is hard.
Amy’s wedding and your business: A tale of two challenges
Without the right people and experience in place, no one is exactly sure how to professionalise the accounting function
A financial lesson from the world’s most dangerous motorcycle race
When business is booming, it can be tempting to accelerate growth, just like those motorcyclists who believe they are in complete control and decide to speed up.
