11 Ways business owners could get better financial advice Sue Hirst, Director – CFO On-Call The accounting profession has traditionally focused attention on the tax and compliance side of business.
A great target to improve profit in a service business is to apply the 3x model. Put simply, the 3x model is: Revenue earned from charging staff time should be equal or greater than 3 times salaries paid.
Your business accounts may not be a very sexy subject … at least when you are up to your ears in running, managing and problem-solving … but a poor set of out-dated accounts will really hold you back, when you…
by Sue Hirst – CFO On-Call ‘Overheads’ will not be a new term to most Business Owners. You see them each month or year when you print out a Profit and Loss report from your accounting system.
by Sue Hirst Managing for Value (MFV) is a simple philosophy: everything we do should maximise value for the business owner/s or shareholders. MFV provides a fresh approach to running your business.
It seems like everything is available in a ‘virtual’ version these days. There’s virtual conferencing, furniture staging, assistance and even virtual life games!
How SMEs are saving and making more money every day with CFO On Call The team at CFO On Call are a bunch of brilliant, logical, commercially experienced people, who are constantly helping SMEs improve profit and cash flow.
The right advice and the right action at the right time can make a world of difference to the success of a business. All businesses experience ups and downs.
