No matter what the size of your business, budgeting should go hand in hand with the strategic planning process. Just as the overarching business strategy and achievable objectives need to be defined before you embark on another year of operation, a separate financial plan allows the organisation to keep within...

Budget planning is an integral part of any business regardless of size. Here are our top tips for effective budget planning:

1. Make sure that your budget is aligned with your business strategy.

Developing a comprehensive financial plan for achieving the financial goals of your organisation is a great start but its...

The consolidation of a business’ supply chain is not something that is necessarily on the top of a business leader’s priority list. More often than not businesses are resigned to the fact that they deal with a huge variety of suppliers and subsequently need to manage multiple invoices with different...

1. Make sure that you have a realistic business plan 
A well thought out business plan will establish your current business status and demonstrate where you want to take your business over the next few years. It should include a detailed budget with information on how you will finance your...

It’s an unfortunate fact of business that organisations of all sizes need to deal with cash-flow issues from time to time. It's a problem that can affect everyone, even highly successful, profitable businesses.

This problem is often caused by events beyond the company's control where customers have contractually agreed long settlement...