Advisory & corporate finance
Revenue was up, clients were coming on, the team was growing. Then someone looked at the margin line. It had moved quietly in the wrong direction. The value leak is easy to miss because it lives inside the numbers that are working.
Revenue is up and cash is tight. The growth cash trap is not bad accounting; it is the gap between what your P&L reports and what your cash position reflects.
In short Finance says ‘no’ rather than telling you how More accounting staff than salespeople Management accounts take three weeks or longer Forecasts cannot be updated to support a decision Margin by product or project is unknown Cash flow still surprises you If your financial setup is frustrating you, then you could notice the following … Continue reading Six Warning Signs About Your Finance Set Up
If you are a scale up business, you will already be familiar with the challenge of growing with limited financial resources. Our article ‘Considerations for Scale-ups when raising funds’ outlines some of the common solutions in addition to fundraising support we provide clients. Do you lack financing to sufficiently scale? The Scale Up Institute notes … Continue reading Access to Finance Challenges for Scale up Businesses
In short Finance is often the hardest team to scale Over-spec: a senior hire brought in to clear accumulated issues Grow and build: your existing finance lead develops with the business DIY: the founder runs finance on intuitive software Outsourcing: a practice handles bookkeeping, payroll and year end Virtual CFO: a sounding board, flexed to … Continue reading What Should Your Scale Up Finance Team Look Like?