News & Insights

Taken together, the balance sheet and profit and loss statement represent a complete financial picture of a company and provide valuable “decision-relevant” information. Ratio analysis, in particular, is a useful management tool that can help improve your understanding of how well your business is performing financially and can be used to spot trends over time.

High performing boards often employ an independent advisor who can bring discipline, experience and objectivity. Having an external accountant or company lawyer on the board is common; but it is important to remember that these professionals should act in an advisory role with a ‘big picture’ or business focus.

For most SMEs, having a full time CFO in place is often not feasible – particularly one that can provide strategic thinking, progression and profitability. So here are the four main reasons that implementing a virtual financial controller or VCFO is a viable option to help your business grow.

Businesses often face rising costs across their supply chains, from raw materials to wages, leading to significant margin pressure that can erode profits. To combat this challenge, it is crucial for businesses to implement effective strategies. This article outlines three key strategies that can help alleviate margin pressure and enhance profitability.

For every business to grow, whether big or small, good governance is essential. There is no shortage to the benefits of what a governing board can bring to an organisation, but we've come up with our top five.