Do I Need a CFO or an Accountant? (A Guide for Founders)
You’ve got a finance team. Or maybe just an accountant. Things seem to be ticking along… but something still feels off. You’re not getting the clarity you need. You want to grow – but you’re not sure what’s holding you back. Here’s the truth: you might not need a full-time CFO. But you probably need […]
Where’s All the Cash Gone? How Poor Inventory Planning Kills Manufacturing Cash Flow
If your warehouse looks full but your bank account doesn’t… you’re not alone. Many manufacturing and distribution businesses find themselves in this exact position: shelves stacked, suppliers paid, but cash flow still squeezed. Inventory decisions made without forward planning can quietly eat into your margins and tie up the cash you need to grow, invest […]
Top Eight Tips for Accurate Cash Flow Forecasting
Do you want to know how your business and cash will perform in the future? Apply the following methods to improve your cash forecasting. Forecasting your company’s cash flow helps minimise potential risks and indicate if the company is in a position to go after opportunities and grow. Correct cash flow management is a given. […]
Impactful reporting: A management reporting framework for success
Many business owners are familiar with the need for a profit and loss account and balance sheet reporting. However, fewer may understand the value of creating a management reporting framework that encompasses wider key performance indicators and multifunctional outputs. Management reporting is vital for monitoring the health of the business, understanding variances to plan and […]
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 […]
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 […]
Did You Know Logistics Can Increase Sales and Reduce Costs
A great logistics operation can provide opportunities for improving sales and financial performance. Resulting in a POSITIVE impact on profit. Logistics is no longer just an operational necessity Logistics can increase sales. Logisctics can improves sales by having a positive impact in many customer touch-points, notably in the following four areas; 1) Customer relationships with […]