I recently saw a cartoon with a child asking his mother: “What are new year’s resolutions?” The maternal tongue-in-cheek reply was: “A to-do list for the month of January.” Many quips are made about the ineffectiveness new year’s resolutions, but research has shown that the start of a new year actually...
Does your company struggle with liquidity issues? If so, experts say there’s a good chance you need to spend more time on financial forecasting. Many argue there’s a strong causal relationship between accurately planning your finances and enjoying a healthy level of cash flow. “Effective financial forecasting is an integral part...
You may be familiar with the quip: “When times are tough, the marketing budget is the first to go”. If you have any friends in the advertising field, you’ll know that they often feel like they’re walking a long road uphill. “Even when we create brilliant adverts that bring in...
Financial forecasting is sometimes described as more art than science. In some ways it is attempting the impossible – projecting your business’s success and failures; the threats it will face and how exactly these will affect your bottom line. It’s a given that your projections will never be completely accurate,...
