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.
Tag archives: the outsoured finance department
The top sign your budget is bad
How to use your budget to improve financial performance
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.
Tudors, war chests and pyramids – oh my!
I know it’s traditional to look ahead around New Year’s… But over the last few hours, I’ve been looking backwards. To be precise, I’ve been looking over all my emails from the past year. We’ve covered so much – from building up your business’s financial resilience to the financial lessons of the late Queen’s jubilee. And along …
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. …
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2 cost-control systems every company needs in place
How do you create habits that stick? James Clear, author of the classic Atomic Habits, says that most people make a critical mistake. Whether their aim is to eat more healthy food, exercise regularly or save more towards their pension, they spend too much time focusing on their end goal. They believe that reminding themselves of …
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