Top Tips to Manage and Forecast Your Business Cash Flow
Cash flow is the lifeblood of any business. Without it, even profitable businesses can struggle, while those who master it gain stability, growth, and financial confidence. As an outsourced CFO, I’ve helped countless business owners get a grip on their cash flow; and trust me, it’s not as complicated as it sounds. Here are simple, […]
Strategic Financial Management for your Manufacturing Business
Running a manufacturing business is complex and keeping control of the finances is no exception. Although most manufacturing business owners understand the need for compliance and financial accounting, the benefits of strategic financial management may be less obvious. Manufacturing is a cash-intensive business and cash could be tied up in working capital for weeks or […]
How can I reduce business costs?
As business owners, how much profit we make is key to whether our business is viable or not. There are several ways to determine if your business is successful but ultimately, if you are not making a profit, most of us will struggle to maintain a business at a loss. Knowing how much money is […]
What is a Portfolio Finance Director?
A Portfolio Finance Director (‘FD’) can be an integral part of a business. The Portfolio FD operates the same as a Finance Director but on a part-time basis. They create and control the budget to ensure that all financial targets and regulations are adhered to; whilst offering financial guidance and advice. Their main task is […]