Constantly fighting financial fires or making decisions in the dark, without reliable financial information, is the equivalent to the “death zone”. It’s an area of acute danger.
The ‘death zone’ for businesses
Constantly fighting financial fires or making decisions in the dark, without reliable financial information, is the equivalent to the “death zone”. It’s an area of acute danger.
If you don’t understand the financial implications of the changes you’re considering, you can end up making disastrous mistakes.
You have to pivot or your business will be at risk…
How to use your budget to improve financial performance
You need to take a very active part in the budget and financial forecast process. You can’t leave it all to your accountant.
Budget and forecast…the first problem is business owners often believe they are one and the same.
The secret of our success here at Insight Associates comes down to the partnerships with our clients.
Monthly management accounts are not created in a vacuum. They are part of a comprehensive ecosystem of outstanding financial management.
If you were trying to figure out whether you could afford an extension on your house, what kind of information would be more useful to you… A summary of how much money you made and spent around 12 months ago? Or a carefully calculated forecast of how much money you’re going to have over the […]
Imagine ordering a take-out meal… …And when it arrives, getting upset because the chef didn’t use your preferred recipe, did not call you up to find out how spicy you like your food, and didn’t provide the nutritional information you’d prefer to see for the dish. It wouldn’t make any sense, would it? A take-out […]