An FD impacts the whole business
FD’s are multidisciplined and play a role in all areas of the business to ensure objectives and the company strategy is achieved.
Finance is the language of the business
ALL function within a business have a financial impact. Understanding what factors influence these impacts is crucial.
FD’s can manage change and transformation
- To ensure growth plans can be sustained and are profitable
- Appraise new investment opportunities
- Restructure the business
- Prepare for an exit
Identifying and understanding risks to the business is essential. We refer to here the external economic, regulatory, and political environment. Awareness of a risk ensures steps can be taken to mitigate, reduce or eliminate that risk
Cash control and sometimes preservation are needed to ensure a business can fulfil its potential. Well thought out plans are essential to have uninterrupted operations or consider expansion and investment.
Cash is King has been the mantra of many businesses but currently many believe that Cash is Gold
Sales is Vanity – Profit is Sanity – CASH IS REALITY