The allure of a substantial contract can sometimes obscure the dangers of depending on a single client for most of your revenue.
Tag archives: financial management
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).
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.
Measure what matters
All too often, companies measure things that they believe are standard, or useful, but are actually not that relevant.
Transform your summer slowdown into a powerful comeback
If your business is quiet during August, why not take time out to work on your business.
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.
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.
How Daniel improved his cashflow…
Daniel had a thriving business – in all but one respect. He wasn’t great at invoicing for his work. Find out how we helped change that.
How to see into your financial future
If you often find yourself in a cash crunch, the first step is to get a better grip on your cashflow to get a clear idea of where your business stands financially.
