If you don’t understand the financial implications of the changes you’re considering, you can end up making disastrous mistakes.
Tag archives: finance director
Ch-ch-changes
You have to pivot or your business will be at risk…
The top sign your budget is bad
How to use your budget to improve financial performance
The biggest budgeting mistake you’re making
You need to take a very active part in the budget and financial forecast process. You can’t leave it all to your accountant.
Budgeting doesn’t mean what you think. Here’s why
Budget and forecast…the first problem is business owners often believe they are one and the same.
My marriage secret – revealed
The secret of our success here at Insight Associates comes down to the partnerships with our clients.
Your company finances are like a giant jigsaw puzzle…
Monthly management accounts are not created in a vacuum. They are part of a comprehensive ecosystem of outstanding financial management.
Reason #3 your accountant isn’t proactive
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 […]
Why you can’t expect your accountant to be proactive
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 […]
The devil’s in the details. So are the opportunities
One year, we had a new client who wanted us to work out in a lot more detail which parts of his business were profitable over the past 12 months, and which weren’t. It was a wonderful idea, because you need to understand where the profit lies in your business in order to grow faster. […]
