COMMON CHALLENGES MANAGING BUSINESS FINANCES
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Your numbers tell a story, but if you can’t read the story how can you write your next chapter to grow your business?
Do you have consistent sources of cash, ideally generated internally, to fuel the growth of your business? Growth Sucks Cash bigtime.
The problem areas below result in a company not generating enough GROSS MARGIN to fund the growth of the business and scale-up.
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Don't understand what the numbers are telling you.
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Product or service pricing and mix not set to the optimum level.
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Customers take too long to pay, suppliers require payment upfront - stretching your cash cycle.
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Too much debt.
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Poor labour efficiency and utilisation.
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Accounting system not set up correctly to provide the right information to make better business decisions.
Solution
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Keep It Simple
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Keep Growing
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Grow Profitability
The key is to get a better handle on a few crucial ratios and adjust your numbers to get a better picture of your true profitability.
Entrepo can provide your business with services that can help you get back on track, and in the black.
One thing that can impede growth, is when business owners micromanage and try to do everything themselves.
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Entrepo can provide your business with the following services to free yourself from working in your business to working on your business.​
"Letting go and trusting others to do things well, is one of the more challenging aspects of being a leader of a growing organisation"
-Verne Harnish
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Virtual CFO
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Management Accounting
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Bookkeeping
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Training
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Virtual Assistants