Business Strategy

How To Identify Growth Opportunities In Business

Identifying opportunities for growth and development is a crucial element of running a successful business, and taking things to the next level. In practice, however, this can be easier said than done; being able to spot opportunities for growth is a skill, and one that needs to be honed and practised over time. Fortunately for …

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What does a finance director do?

A finance director (FD), sometimes known as a finance director consultant, is responsible for managing the financial affairs of a company. They ensure that the company has enough funds to meet its obligations, and they also monitor the company’s cash flow. Financial directors are usually involved in budgeting, forecasting, controlling costs, and ensuring profitability. Their …

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Where does a CFO fit into a business’s financial structure?

A business’s financial structure is a matter for that specific organisation, and no two businesses will operate their financial teams in exactly the same way. Nonetheless, there is a standard structure that many will follow: a CFO (Chief Financial Officer), a vice president, one or more accountants, and a budget analyst. Whether the firm in …

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What stage in your business should you invest in a business growth advisor?

No matter how proudly independent you are in coordinating your business’s direction and growth, there will almost certainly be times when you feel the need to seek the advice of someone else – potentially someone completely outside of your company. Even the most successful companies seek out external individuals to give them help and advice …

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5 money saving tips for small business owners

Owning a small business comes with as many perks as it does challenges. However, one of those challenges will unquestionably always be the management of your business’s finite financial resources.  Money is a major concern when sustaining a business, and monthly budgets may leave you with very little wiggle room for emergencies. So, how can …

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What to do if your business growth stabilises

Growing your business can be an exciting and challenging time, as you work towards the goal of higher revenue, increased profits, and booming sales. However, after the initial spurt of growth, some businesses might see their upwards trajectory begin to stagnate. So, what can you do to restimulate business growth once it has plateaued? Let …

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