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A clearer financial picture as your business grows
BUSINESS PLANNING · 4 min read
Growth changes the demands on your finance function. Review your records, reporting rhythm and cash assumptions as the business becomes more complex.
Understand the starting point
Review the quality of your records and the information you use to make decisions. Identify gaps before adding new reporting processes.
Plan the cash requirements
Set out the expected timing of receipts and payments. Test assumptions about sales, customer payments, staffing and operating costs.
Agree useful reporting
Choose information that helps you understand performance and make decisions. Assign responsibility for reviewing it and explaining material changes.
General operational information. Seek advice tailored to your business before making accounting or tax decisions.
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