Make worthwhile and lasting change in your business that inspires people, delivers results and improves systems.
If your business is having issues with cash, it's important to take proactive steps to address the problem before it becomes a crisis.
Measuring success is an essential part of any business or organisation. Without proper measurement, it can be challenging to determine whether your efforts are having the desired impact and whether you are moving towards achieving your goals.
OKR (Objectives and Key Results) is an approach to goal-setting that helps organisations align their efforts and focus on what truly matters.
As the end of the financial year approaches, it's a good time to reflect on the past year's performance and set goals for the upcoming financial year.
Building a cash flow forecast can help businesses plan their cash needs and ensure they have enough liquidity to cover their expenses.
Working capital is a financial concept that refers to the amount of money a business has available to cover its day-to-day operations.
In simpler terms, it is the money a business needs to pay its bills, buy inventory, and pay its employees.
Cash and profit are two important financial concepts that are often used interchangeably, but they are not the same thing.
Understanding the difference between cash and profit is crucial for managing a business's finances effectively. In this article, we will explore how cash is different from profit.
Cash flow forecasting is an essential tool for any business, helping to predict how much cash will be coming in and going out over a given period of time.
In conclusion, cash truly is king in the business world. A healthy cash position is critical to the success of any business, and managing cash flow effectively is essential.
By monitoring cash flow regularly, businesses can ensure a strong cash position and stay ahead of the competition.
As a business owner or manager, it can be difficult to know whether a particular issue is related to capability or capacity.
In general, CAPABILITY refers to the skills and knowledge needed to perform a task, while CAPACITY refers to the available resources (time, staff, equipment, etc.) to complete the task.
As a leader, one of your primary responsibilities is to help your team be as effective as possible.
There are a variety of strategies you can use to support your team's productivity and performance.
Here are five key ways to help your team be more effective:
Many individuals find themselves working tirelessly for long hours, sometimes up to 15 hours a day, in pursuit of their goals and aspirations.
Despite their unwavering dedication, they often encounter a frustrating reality - there is little to no tangible outcome to show for their efforts.
Meetings can be a valuable tool for collaboration and communication in an organisation, but they can also be a major source of frustration and time-wasting
Too many meetings can lead to decreased productivity, increased stress, and a negative impact on employee morale.
As the pace of life continues to accelerate, it's becoming increasingly common to feel like we're too busy to get any work done.
Whether it's due to a never-ending to-do list, constant interruptions, or the pressure to multitask, it can be difficult to find the time and focus to be productive.
Executing successfully can be a challenging task for any company, regardless of its size or industry.
However, there are certain tips that can help companies improve their execution and achieve their goals more effectively.
There are countless examples of companies that have great ideas but fail to execute them effectively. In some cases, they may be unable to launch products on time or budget, struggle to scale their business, or simply fail to meet customer needs. But why do so many companies struggle to execute, despite having the necessary resources and talent?
The CFO role has never been so important. Companies are navigating uncertain territory and having a strong CFO that can manage the nuts and bolts of finance and help navigate the commercial as well is instrumental to how companies navigate this period.
I started on a typical path post university, 10 years at EY as an auditor……
I loved every minute of it.
Earnst & Young (EY) had a great culture, good clients, great people in the
International Women’s Day (IWD) is only one day of the year, it provide an opportunity for us to reflect on:
• How we support other women
• How our workplace creates an opportunity for women
• How do I make an effort to support women, in personal and professional environments.
The concept of budget and forecast was simple ….
Using prior year information and overlaying assumptions, historical changes, investments etc to deliver a new set up numbers for the upcoming year or years. Shareholders wanted to see an improvement and so as long as the percentage changes were going the right way then you were normally ok.
