Cash flow is the lifeblood that sustains operations, fuels growth, and ensures long-term sustainability in any business. If you don’t have enough cash to cover your obligations, everything will come to a grinding halt. As the financial stewards of organisations, CFOs – in-house or outsourced – play a pivotal role in optimising cash flow, ensuring liquidity, and effectively managing working...

As the fireworks fade and the buzz of New Year’s resolutions settles, it’s time to shift our focus to the real work: building a thriving business in 2024. And what better foundation than a rock-solid financial plan? Ditch the generic resolutions and embrace these 10 actionable strategies to conquer your financial goals and propel your business forward. Chart your course...

The Chief Financial Officer (CFO) in a company plays a vital role in growing the business. They’re responsible for overseeing the company’s financial performance, providing strategic advice to the CEO and other executives on financial governance and strategy, and making strategic financial decisions such as whether to invest in new products or markets, raising capital, financing growth, risk management or...

Navigating the world of business tax can feel incredibly overwhelming and confusing. Complex regulations, ever-changing laws, and the daunting prospect of audits leave many businesses wondering: how can we minimise our tax burden while remaining compliant? This is where the expertise of a Chief Financial Officer (CFO) is invaluable. Beyond traditional financial management, CFOs offer invaluable tax planning and tax...

With technological advancement, shifting paradigms around how we work, and changing business needs, how we structure our businesses has changed dramatically. We no longer employ every function we need in-house, and the CFO role is no different. Many businesses are now grappling with whether they should employ a CFO in-house or outsource to a virtual CFO or engage a CFO...

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...