Essential support for your business growth
Essential support for your business growth
When it comes to managing business growth, many business owners don’t understand the importance of the finance function. Often the finance area is left to a data entry person, a bookkeeper with no financial qualification, no higher-level finance skills, no best practice knowledge, and no first-hand experience of managing growth.
Done well, finance is a resource which allows a business owner to stay in control and quickly identify/react to those areas which need attention. Where lacking, the business owner is left with the headache of sorting out the problems. This is time consuming, tedious and can be hugely damaging to the business.
Without the FD skills to manage finances and implement systems, the growth of a business will be limited. Where a business is reliant on the personal involvement of the owner to maintain control, it cannot safely grow beyond the capability and the time input of the owner.
Unmanaged growth leads to a loss of control. Growth without control leads to cash flow issues. These can quickly spiral to a crisis, sometimes past the point of no return. To avoid this, our FDs put in place fundamental controls and systems to ensure your business growth is supported.