“Our clients have found that they now have a better understanding of their business, as a result of the work Karen has done with them.” It’s common place for accountants in practice to see business clients struggle with the…
The accounting profession has traditionally focused attention on the tax and compliance side of business. Some accountants are offering day to day financial management advice, but they are few and far between.
Growth and exit might seem like unlikely bedfellows, but if you want to get maximum value for your business you need to start planning well in advance.
Running a business can be a process of juggling and keeping all the balls in the air at the same time. For small business owners this can be an exhausting and frustrating exercise, leaving little time for strategic thinking.
There’s considerable pressure on transport businesses to manage finances carefully to ensure you end up with a profit. At CFO On Call we understand the issues affecting your ‘bottom line’.
When you’re in a service business Work In Progress Days (WIP Days) is a vital number to be in control of. WIP Days is the number of days, on average, that jobs are in progress prior to invoicing.
Sales, profit and cash are the key issues to focus on in business financial management. If you can get these three working right, you’re well on your way to building a sustainable business with capacity to grow.
… or Why separate your cash-flow from the Business When asked the key to financial happiness one business owner said – ‘Your net income should exceed your gross habits!’ Jokes aside, I urge business owners to keep their own finances…
