How to Develop a Flexible Financial Plan During Uncertainty

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During this unprecedented time, existing financial plans and assumptions must be revisited and revised to maintain flexibility as conditions change. If you’re looking for a great guide to learn how to do that, I highly recommend reading an article I recently read by McKinsey & Company. Regardless of your company’s liquidity or risk tolerance, I… Read more »

Increase Stability and Success With Financial Controls

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Although many things have changed in the financial world, one thing that has remained the same is the need for financial controls. However, prior to implementing new financial controls, a thorough analysis of existing policies and the company’s future outlook is encouraged. For more information about how financial controls are defined and their importance, I… Read more »

How to Avoid Common Mistakes When Selling Your Business

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Are you selling your business or thinking about selling it in the future? If so, there are many mistakes that can derail the process and lower your company’s value. However, if you know where to focus your attention to represent your business favorably to prospective buyers, you can achieve a much better outcome. One of the… Read more »

Critical Steps to Stabilize Your Business and Plan for the Future

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The Coronavirus pandemic continues to impact the economy which means most businesses are facing challenging strategic financial management decisions. To learn more about the critical steps financial leaders can take to stabilize their businesses in the short term and prepare for the long term, I recommend reading this article by McKinsey. To read it, click… Read more »