How to Build Financial Resilience In Your Business How to Build Financial Resilience in Your Business-Image from Pexels Financial Resilience-Overview The impact of covid 19 dramatically highlighted the importance of financial resilience. Strong Financial Resilience requires businesses to adapt their financial frameworks to deal with a much more volatile environment in which profitability, cashflow […]
Why Do Businesses Create An Annual Financial Budget?
Introduction Ask most small/medium sized business owners what an annual budget is, and they will likely respond with something like: a financial plan for a firm’s future that projects revenue and expenses. Ask them if they have one, however, and in many cases, you will get a variety of excuses why they don’t. When running […]