28 02, 2018

Capacity planning from a financial perspective

By |2019-06-20T02:47:26+10:0028 February 2018|

The virtual CFO has a valuable role to play in a growing business. A key part of that role is to provide leadership within the critical planning, monitoring and analysis areas. The virtual CFO will assess the processes, resource requirements and the means for disseminating important information to key decision makers. This requires the following to be achieved: Buy in from management Agreement on resource support Discipline in maintaining a focus on the documented plan With many years’ experience in this area, the virtual CFO will have built up an intrinsic understanding of what will add value and what [...]

21 02, 2018

No Place for a “Yes Man”

By |2019-06-20T02:44:54+10:0021 February 2018|

The virtual CFO has a valuable role to play in a growing business. A key part of that role is to provide leadership within the critical planning, monitoring and analysis areas. The virtual CFO will assess the processes, resource requirements and the means for disseminating important information to key decision makers. This requires the following to be achieved: Buy in from management Agreement on resource support Discipline in maintaining a focus on the documented plan With many years’ experience in this area, the virtual CFO will have built up an intrinsic understanding of what will add value and what [...]

14 02, 2018

Strategic planning and the role of the virtual CFO

By |2019-06-20T02:55:59+10:0014 February 2018|

The role of the virtual CFO in the strategic planning process is critical. The business is making decisions on a number of important elements determining its future. Where will future growth come from What impact will this growth have on margins How do we protect/grow margins within our existing business What operational resources do we need to support the growth What impact will the growth have on working capital How will up-scaling the business impact our break-even point Which strategic options should be prioritised due to their meaningful impact on performance outcomes These are just some of the questions [...]

8 02, 2018

Growing your business with a virtual CFO

By |2019-06-20T03:03:12+10:008 February 2018|

Moving from a small business to a growth business is a major task. It is a task that often proves too hard and results in a successful smaller business failing as it tries to grow to the next level. And it should be hard! The rewards for doing it successfully are large. This article will try to keep things simple with a few definitions to start with. There are many definitions but for the purpose of this article they are: A small business: A business where a small management team, usually including the owners, are pretty much making all the [...]