For any business owner, getting the right financial advice when starting or growing your business is pivotal to company success. Most entrepreneurs who have started their own business focus on landing the deals to generate income, but getting the right financial advice is just as important as landing those deals....
âI've been told to speed up my delivery when I perform. But if I lose the stammer, I'm just another slightly amusing accountant.â â Bobby Newhart American standup comedian Bobby Newhart may have been joking when he made this quip about accountants, but his point stands to reason. You might have...
If value is a perception, what is a business valuation to a company and how do you ensure that it reflects the companyâs true worth? The challenge of managing your companyâs business valuation is directly proportional to the factors that you are using to base the valuation on. In todayâs...
Your financial director is the gatekeeper to your companyâs finances and ultimately (arguably) the success of your business. The position carries huge responsibilities, as the financial director has to wear many hats within an organisation. Their role is largely misunderstood. The common misperception is that the financial director handles cash flows and makes sure that employees get paid and accounts are settled timeously. Whilst this is true, the...
Your business probably began with an âahaâ moment. The idea took root, and pretty soon you were looking around for office space and how to attract the first big deal. As early as that, comes the very real need to plan for what lies ahead, and to make sure your...
A recent client engagement required us to assist an organisation from being an âalso ranâ to a leading player in its designated market through a strategy execution and revitalisation process. The CEO was adamant before we started that he understood what the critical pivots were to take his organisation to...
As with all data, understanding what your data is telling you is critical, especially when extracting the right data from your financial management systems. When investigating, researching and purchasing financial and accounting software, it is advisable to get some feedback from financial managers and financial directors who have had exposure to...
The adage that ânothing is certain but death and taxesâ rings as true to the small business environment as any other. In fact, some might say thereâs even a reflexive relationship between the two: failure to pay or understand your tax requirements could actually translate into your businessâs untimely demise. The...
Turn credit management red flags into green flags We have all had it; THE deal that would make the business and take the company to the next level, however, all too often the dream deal turns into the worst nightmare that can sink your business faster than the Titanic. In this...
