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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The ONE thing that can kill your business
There's only ONE thing that truly kills a business...the moment you run out of money. Do you need Financial management from our Outsourced Finance Department?
The biggest danger right now? Over-confidence
In corporates, the finance director puts together financial plans both for good times and for bad, so they never have to act in panic.
The opposite of a fragile business is… (Not what you expect)
If fragility means you break under stress the opposite isn't just withstanding that pressure. It's thriving or even growing because of stress... and we can help
The Ultimate Compliment
“Insight understood immediately that we wanted a finance department that would seamlessly integrate into our organisation" ...one comment from a happy client;
False Resilience
End of lockdown is a dangerous time for business. Essex Finance Directors Insight Associates warn on false resilience and the need for strong financial control
Can you afford another Coronavirus shut-down
Insight's Outsourced Finance Department in Essex ask if your business has financial resilience to withstand another Coronavirus lockdown and a rainy day fund?
The hidden danger to your company: Your clients
Staying on top of billing and payments can be time-consuming. You need very clear credit control processes and the manpower to follow them to the letter always!
Soaring during Coronavirus
You can run out of money even when, on paper, you’re very profitable. Imagine how awful it would be to lose your business because you experienced wild success!
Don't take any more financial decisions without one of these
You need to accept that getting the numbers right is key to managing and growing your business. Outsourced Finance Department MD Garry Mumford explains why.
Better Stay Closed
Is it a good idea to re-open your business as soon as lockdown is over? Outsource Finance Department Insight explain why staying closed might be an option.
What's your emergency plan?
Working out what serious events might disrupt your business is a key part of your financial management. Ask your local Outsource Finance Department for help.
Do THIS to make your business financially resilient [1/3]
If your bookkeeper or accountant was suddenly unavailable during the first month of the Coronavirus how would your business have coped?For information on Insight Associates accounts, FD and financial management services call us on 01279 647447 or Email Us