Home / Tag: Financial Management
Tag: Financial Management
If you are not a member, please enjoy our range of free articles, audios and videos. If you would like to access all of our content, please review our membership options here.
If you are a member, please sign in to access all of your content.
You can find a complete list of our content here.
Privately owned businesses are not renowned for their astute financial management … and that is really quite absurd given that it is one of the fundamental reasons for being in business in the first place. This article looks at six big mistakes privately owned businesses make on the finance side of the business and why they make them … in order to help prevent them in future.Read more
There are some extremely important discussions every business must have during March to early June, to make astute decisions and choices, in order to enter the new financial year well planned and ready for implementation. There are four requirements for each of the discussions listed below: All people within the business who have involvement with […]Read more
This action is applicable to EVERY business, irrespective of size, industry, ownership, financial expertise or anything else. If you have been someone who, in the past, has not seen the value in preparing and reporting against budgets, we urge you to think again and engage the process we will outline for you. Thinking such as ‘we can’t predict income in our business or industry’, ‘there is too much change going on to predict numbers’, ‘we are too small to budget’, ‘we don’t know how to budget’, ‘we don’t have time to budget’, or even ‘our accountant has never told us to budget’, are all flawed. Businesses fail and succeed on profit and cashflow, so not attempting to accurately predict financials is absurd and will also lead to a lack of planning and internal discipline. Even if you’re not convinced by that, at least try it for a year in the ways we will outline and coach for you, to experience the process and then evaluate the benefits.Read more
Business owners too often delude themselves by what they think their business is worth, without knowing the reality. The answer is ‘what someone’s prepared to pay for it’ and that is only known when it’s actually tested. This article outlines key considerations for business value.Read more
With broad and rapid change affecting industries and business more than ever before, one crucial aspect to be aware of is the changing roles in business. Some roles are becoming more important, some less important, some are changing, some are springing up and some are becoming redundant. This has implications for both businesses and individuals in their careers.Read more
‘You can’t change what you don’t acknowledge’. A truer statement has never been made. A properly conducted self audit is a most important element in self improvement.Find out more
Alan Rodway talks about the dangers of just being busy, professionally and personally.Find out more
© Copyright 2018 Your Coach Online
All rights reserved