To operate profitably and sustainably, a business needs to be able to not only monitor current financial performance but also anticipate future financial performance. This is why budgeting and forecasting are crucial components of strategic financial management. Budgeting involves planning a business’ spending based on estimated revenue, expenses and cash flow for a specific period, typically a year. Forecasting, on...

Financial modelling and financial analysis are like having a crystal ball for your business. They allow you to see into the future, predicting potential outcomes and making informed decisions about investments, growth, and resource allocation. These insights – typically uncovered by an in-house or outsourced CFO – will help you navigate the financial landscape with confidence, mitigating risks, maximising opportunities,...

Small businesses are the backbone of the Australian economy. Over 2.5 million businesses (97.3% of all businesses in Australia) are small businesses. They create jobs, drive innovation, and contribute to the community. But running a small business can be tough. There are many things to juggle, from marketing and sales to customer service and operations. And on top of it...