Inspired Change
Transforming business with Balanced Scorecard
Finance Category
Cash: Use our expertise to bring you clarity
Every MD’s constant worry is about cash. How much have we got, how much will we need and will we have enough when “that time of the year” comes along again. It causes sleepless nights, cancelled holidays and a routine of checking bank balances first thing every morning. This stressful routine is where a catchphrase…
Cash Forecasting – What Can You Do In The Short-Term
The uncertainty of levels of cash in any business is one of the most crippling and stress related issues Directors and Managers face. With so many variables coming into play, forecasting your cash balance seems an impossible task and therefore more often than not put to one side. Instead you rely on gut feeling and…
Break Even
Break Even is an incredibly ease ratio to calculate and an invaluable measure to a company especially during difficult times. In essence the measures tells you the level your sales can drop to before you start making a loss, ie what point will you break event. The formula is best calculated as follows; Overheads /…
Working your Working Capital
The term working capital is a common financial term, but maybe not fully understood by all. Working Capital is the Capital (Cash) that is used to run your day to day operations. In essence it is the trading assets and trading liabilities that are used day in day, as opposed to the longer terms asset…
Cash Management for Businesses
Looking at the importance of cash management for businesses and identifying the causes of success and failure. One is a series of Business and Balanced Scorecard articles by Rob Whitwood.
Balanced Scorecard Financial Perspective
What would you include in the financial perspective of your Balanced Scorecard? Rob Whitwood writes a Balanced Scorecard article focusing on the financial performance measures.
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