FOOD FOR THOUGHT

A KPI (key performance indicator) dashboard displays information critical to the success of your business on a single screen. It’s an easy, coherent way for staff and stakeholders to access the key information required for day-to-day decision-making.

In this blog, we explore some of the common mistakes made when introducing a KPI dashboard into a business.

A CFO is unlike any other financial professional. They are more than just an analyst, more than just a strategist, more than even a leader: they’re a sign that your business is ready to “play with the big boys”, a symbol of rising success to your employees and any potential investors that may be watching.

The role of the chief financial officer (CFO) has evolved with modern business requirements. Could you now benefit from their increased skillset? Here’s what the new, modern CFO can offer your business:

A chief financial officer (CFO) might seem like an expensive luxury for a small business. But the question shouldn’t be if you can afford one, but rather can you afford not to have one.

Business growth can be taxing––both on your bank account and on your energy levels. Here are three essential business growth strategies to help you overcome growing pains. Keep these tips in your toolbox for when you encounter expansion challenges.

Before you consider raising equity, it’s important to get your finances in order. Here are ten questions to ask yourself to help determine the financial health of your business.

You’re ready to approach investors and apply for business funding… or are you? Sometimes in business, you have to jump in feet first and learn to swim as you go. Other times, it pays to do some research before you take a leap of faith. Raising capital usually falls under the latter. You might only get one chance to impress potential investors or lenders, so you want to walk into these discussions confident and maximise your chances for funding.

Businesses with strong balance sheets are more likely to survive economic downturns and be ready to thrive when the going gets good again. So what does a strong balance sheet look like, and how can you take steps to strengthen yours?

Good inventory management is important for any business as it can lead to improved cash management and profits in the long run. In this article we put forward our top six strategies that will help improve your inventory management.