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| Financial Control |
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| One of the most important factors in the running of
a business, be it large or small, is being in control of the finances.
A surprising number of businesses fail through the lack of adequate
financial and management controls. |
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| Are you satisfied that adequate financial controls are
in place over your |
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Cash |
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Debtors |
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Stocks |
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Creditors |
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Purchasing procedures
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| Working with YourOwnFD you can determine the detail and frequency
of reports that can enable you to |
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KEEP YOUR FINGER ON THE PULSE OF YOUR BUSINESS.
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If you need to improve your financial controls, consult
YourOwnFD.
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Management Reporting
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Do you receive reports
showing you exactly how your business is performing? |
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Do they show your revenues,
costs and profit (or loss), or your cash received |
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and paid out? |
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Are you aware of your
key business performance indicators? |
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Do you know how the money
you are owed relates to the money you owe? |
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If you are unaware of the financial status of your business you
cannot comment, question or satisfy yourself that you are in a position
to fully discharge your legal and fiscal responsibilities to your
company or its numerous stakeholders.
YourOwnFD can help you with this. Together we can determine
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the frequency of reporting |
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how much detail you need
to see |
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what you need to know
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systems to produce the
information on a timely basis |
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| To obtain a SNAPSHOT OF YOUR BUSINESS whenever you need
it, ask YourOwnFD. |
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Cash Flow Management
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| This is the life-blood of your business and do you really know where
you stand? You may be trading at a profit, but poor management of
your cash flow could spell financial ruin for your business. |
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How frequently are you
receiving reports your business' cash flow? |
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Are they
giving you meaningful information? |
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What can be done to improve
your cash flow? |
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How well are you managing
your overdraft facility? |
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| If you need guidance on how to improve your cash flow, consult
YourOwnFD. |
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Management Mentoring
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| Have you ever thought about any of the following: |
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I wish there was somebody
here in my business with whom I could bounce new |
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ideas around |
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I wish I
could speak to somebody here in my business about a confidential
matter |
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concerning one of my
colleagues |
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I wish there was somebody
close at hand without a vested Interest or without an axe |
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to grind who I could
consult on a particular aspect of my business that is bothering
me. |
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| Let YourOwnFD be your business mentor. Contact
us to see if our many years experience in financial management
within small and medium enterprises can help. |
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Business Health Check
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| When you are feeling under the weather, you visit
a doctor |
| When your car is not running well,
you take it to a mechanic |
| What if your
business needs a boost? |
| What if it is not performing
too well? |
| YourOwnFD can perform a business health
check. |
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us to find out more |
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