BusOn slimline logo: Financial Management - Issues & Solutions

  FY UK Gov  Money Supermarket Lending Crowd
____________________________________

BusOn slimline logo Financial Focus:

Strong focused financial management is essential to any business that wants to remain successful. Good financial management enables you to keep a close eye on day to day running costs of the business, including operational and sales and marketing costs. It will tell you on a week to week basis whether you are  breaking even, making a profit, what your present and future cash flow will look like, how to set, monitor and manage budgets, staffing and whether you are complying with within a legal framework.

Key areas to keep an eye on and manage are:

1. Sales turnover
2. ProfitabilityFifty pounds
3. Cashflow
4. Product & service pricing
5. Operational performance
6. Overhead
7. Managing budgets
8. Managing customers
9. Discounting
10. Managing suppliers
11. Investment planning
12. Tax planning

Bosses

Blue button NEED HELP FROM THE EXPERTS CLICK TO CONTACT US
_______________________________________

BusOn slimline logo
  Financial Issues:

Financial management becomes an issue when you don’t know your breakeven point, how profitable you really are or how well your cashflow is going to perform over the next 3 to 6 months.  Unless you can determine how well your business is running on a daily/weekly/monthly you are in danger of overly discounting your product & services to your customers (thereby losing money) , not be able to manage budgets because you don’t know the true cost of delivering your product or service. 

Blue button NEED HELP FROM THE EXPERTS CLICK TO CONTACT US
_______________________________________________________

BusOn slimline logo  Financial Solution:

Make sure you:

a. Know your breakeven pointArrow Graph
b. Have a financial business plan from which you can monitor and measure your financial performance on a weekly/monthly basis
c. Have sufficient financial support available to support you with any potential gaps in cashflow forecasted in your business and cashflow plan
d. Set budgets and targets and monitor and manage performance on a weekly/monthly basis
e. Ensure all your managers are held accountable for the achievement of their financial targets as well as their operational targets

Blue button NEED HELP FROM THE EXPERTS CLICK TO CONTACT US
_______________________________________________________

To find out more and how to boost your financial management performance:

Take a free Fast Track Business Review

Contact us to arrange a free 30 minutes consultation Fast Track Business Review
o Online
o Personal visit

Blue buttonIf you an expert adviser in this area who would like to sponsor this page please contact us for further details 

________________________________________________________

BusOn slimline logo 
PROMISE 

 


______________________________________

                                       Advisers, Providers and Suppliers

If you're an adviser, provider or supplier that can  make a difference to small and medium size businesses, can provide two references and would like to join us please register Sign up here to our Business Directory or  for  more information click 
______________________________________


Quick page links:

start ups # finance # planning # management # business & management skills # training # health & safety # opportunities # sales & marketing # software tools & books # social enterprise # technology # insurance # accountancy # legal # quality processes # how it works # client services # fast track business review # business improvement plan # business resolve team # business advisers # public sector # organisations # business advisers, providers & suppliers case studies government funding & grants # newsletter faqs # advisers notice board # client notice board our products # our services # business support # spot page advertisingbecome an adviser.

Quick Assist

To get some quick help for your business, please select one of the following options from the dropdown to send us a message

“ We used the report to help us pinpoint where we were going wrong and identify where we could make improvements. The results were nothing short of enlightening as we were able to identify hidden weaknesses we didn’t know we had. These were quickly dealt with and the business has gone from strength to strength. I would highly recommend it. ”

Steve Fernehough
Managing Director
Crossway Scaffolding Group

Satisfied Clients

Calmag
Alphagraphics
Endon Lighting
Vision Alert Automotive Ltd
Sign A Rama
Bartuf Systems Ltd
Ainsley Bakery
______________

Partners and Sponsors
______________
JBP Logo
We work with business leaders, MD's and Management Teams to get them back ontrack to profitable. Whether its working on short or long-term recovery or development projects we provide a professional consultancy service that designed to achieve outstanding results,
__________________________________
RedKite

REDKITE INNOVATIONS in partnership with BusinessOn can now offer SME based in North or East Yorkshire 100% fully funded business support through their Game Changer Business Development Programme. More information... 

____________________________________

Coates&Co

Working with Business On to protect and look after Yorkshire based business.  Make sure you avoid the pitfalls and develop your business successfully. More...

_____________________________________

Gomedia

We’re a full service creative agency that produces award-winning projects. We provide a wide range of services such as Web Development, Social Media Management and Brand Development. We are proud to be working with BusinessOn in providing supporters for Yorkshire Businesses. More

______________________________________

FY

Business Funding from Finance Yorkshire
Here to help your business grow
Finance Yorkshire offers seedcorn finance, business loans and equity-linked finance for businesses in or relocating to the Yorkshire and the Humber region.

______________________________________
Winning Pitch

Everything is possible when you have the right help, advice and support. Whether its apprentices, skills training start up leadership or funding we can help . 

Working in partnership with BusinessOn to support Yorkshire businesses More information...