Always adding financial management value
Good financial management is as must for every business but it's often ignored and overlooked simply because it's misunderstood. In this blog archive Essex FD Garry Mumford simplifies all things financial and shares with us a lifetime of practical financial business advice.
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A cautionary tale
If you're thriving your clients or customers may not be. "I learned to never rest on your laurels or get complacent as disaster can be just around the corner."
Your plan for 2021
Going into this year without mapping out how you’re going to grow is like entering a battle without a battle plan. **Planning Session special offfer just £300**
Soundtrack for Christmas
Some lighthearted Christmas fun this week with Garry Mumford's music soundtrack for the holidays. The common thread of course is money. Have a great Christmas.
Pivot! Again
As we emerge from the Coronavirus crisis, keep pivoting! Don't settle back into a comfortable routine of slow, cautious adjustments to your strategy & ops
Business failure = opportunity
Asking for help when your business is distressed isn't an admission of failure. It's the smart sensible thing to do, if you're to save your business.
Is your business worth saving?
If your business is in distress right now, is it actually worth saving? Should you hang on? Continue to struggle and build up even more debt?
Why some companies pivot and others fail
There's a vast difference between companies that pivot quickly and those that delay. Don't pivot in a vacuum, rely on past learnings + real information and data
Did I really say that!? (Blush)
When we look back on 2020 we'll marvel at our ability to adapt. We've learned so many lessons along the way...here's a few of my favourite blogs from 2020.
Are you getting enough value from your accountants?
Is your accounts team value for money? Don't just look at cost...consider cost-effectiveness too. Is it worth the money you spend? Is their work worthwhile?
Coronavirus Tiers as of 2nd December
Tier system from 2nd December 2020
If your business fails, you could be personally liable
The director was in denial about his financial problems. Eventually he was removed from his company 'and will likely lose his house'. If only he'd acted sooner.
You can't do this yourself
Excellent business-building skills doesn't give you the ability to turn around a business in financial distress. Don't wait too long to seek professional help.For information on Insight Associates accounts, FD and financial management services call us on 01279 647447 or Email Us