The company owner took responsibility for building an accounting function which they understood very little about.
They had no idea what an efficient, successful finance department that helps propel a company forward looks like.
The company owner took responsibility for building an accounting function which they understood very little about.
They had no idea what an efficient, successful finance department that helps propel a company forward looks like.
What are you doing that you shouldn’t be? Are you wasting time on your finances when you could focus on growth, not accounting.
Experience indicates to me that business owners without strong financial backgrounds focus on profit and loss rather than the balance sheet.
Have you ever found yourself making decisions in the dark?
Too many business owners are reluctant to admit gaps in their financial knowledge. When you’re the person in charge, it can feel uncomfortable.
Here are some of my favourite pieces of 2023 which I believe are worth revisiting.
Now that the economy seems to have calmed somewhat, there may be incredible opportunities – if only you look for them.
Fraud prevention is another reason why your business should operate in a ‘grown up way’
If anything goes wrong with your bank or with your own company finances, your choice of bank will make a huge difference.
Most business owners never give their bank a second thought…until something goes horribly wrong.