Make best friends with your bank manager.” You never know when you’ll need them to go to bat for you.
Tag archives: the outsourced finance department
This key error stops banks lending to your business
Asking the bank for a loan when you’re at the crisis point sends the wrong signals, giving the impression that you’re desperate and not in control.
Need more working capital? The bank isn’t your only option
How we got an injection of working capital – bypassing the bank
Commercial interests vs financial risk: Managing the tension
Delayed payments can severely impact your cash flow, making it increasingly difficult for you to meet your financial obligations
Big corporations use scenario planning – so should you
When your company faces major financial decisions, carrying out a scenario planning and forecasting process can be invaluable.
Is that lucrative client really worth the risk?
The allure of a substantial contract can sometimes obscure the dangers of depending on a single client for most of your revenue.
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).
Lyndon’s proven formula for £10m growth
Is the journey of an entrepreneur brave or foolish? For many it’s a pipe dream. For a select few there’s a winning formula to help them succeed.
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.
