https://conseroglobal.com/wp-content/uploads/2016/09/Reading-Map.jpg 4032 4032 Bill Klein https://conseroglobal.com/wp-content/uploads/2018/02/Consero_Logo_dark.svg Bill Klein2016-09-08 16:10:322016-09-13 10:05:13Do You Have Financial Visibility on the Direction of Your Company?
As the leader of your company, it is your job to make sure…
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Just about every company will experience employee fraud in…
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Businesses may understand what their clients and customers need, but cannot sustain consistent growth without a complete, continuously updated financial picture. We’ve seen this happen time and time again; even a business that can overcome challenges and obstacles to deliver a great product cannot survive for the long term without financial acumen. I’m a glass half-full kind of guy, but I do think there are four primary financial concerns that cause small- and medium-size businesses (SMBs) to fail:
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Its one of the most gut-wrenching moments for any business owner or executive (and we have all been there!) – the moment when you realize that revenue from a job or a sale was less than it should have been … and through nobody’s fault but your own. Any small or midsize business looking to survive for the long haul must make sure that it gets paid full value for the product or service it provides. Yet in many SMBs, simple human error often results in a revenue pipeline with more holes than a sprinkler hose.
https://conseroglobal.com/wp-content/uploads/2015/05/Finance-Metrics-2.jpg 139 180 Consero Team https://conseroglobal.com/wp-content/uploads/2018/02/Consero_Logo_dark.svg Consero Team2011-12-12 08:00:072016-09-28 08:03:07How Does Your Finance Function Stack Up? 4 Indispensable Metrics
Ask the CEO or CFO of any small or midsize business if there are ways they could improve their finance function, and chances are you’ll hear something like: “We run pretty lean.” Look around the offices of the finance department, and you’ll find plenty of evidence to back that up. Everyone is busy, no question, and staffers will often tell you they’re stretched to the max to get everything done.
https://conseroglobal.com/wp-content/uploads/2015/05/Performance-Assessment-3.jpg 197 180 Consero Team https://conseroglobal.com/wp-content/uploads/2018/02/Consero_Logo_dark.svg Consero Team2010-08-24 08:00:582016-09-28 08:33:00Are a lack of financial controls costing you money? Take the Consero Performance Assessment.
Poor financial controls can create significant waste, fraud, or decreased credit rating – yet it happens to thousands of businesses every year. A sound internal control environment is the foundation from which a corporate finance function can be relied upon to protect and report on the company’s cash and general financial position. Unfortunately many small and mid-market companies have completely inadequate controls due to the perceived expense and skill-set required to establish a strong internal control environment proper ones, leaving them exposed to several risks including:
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Markup vs Margin Differences