PROGRESSIVE INSIGHT
How businesses can successfully negotiate Covid-19
Capital | Consultancy | Corporate
Spring Clean Your Business
Tracking KPIs
KPIs ensure the viability and overall health of a business. They are both guides to future growth and failsafe early warning systems within a company. If you’re not properly tracking KPIs, then there’s a real danger a business is flying blind.
KPIs can also benchmark against others in their industry, as well as drive strategic decisions. And finally, on a more practical level, they’re essential for raising funding or getting a bank loan.
Cash Flow Forecasting
Cash flow forecasting is quite simply a method of understanding how much cash a business will have in the bank in the future, in order to run the business with confidence.
Having a clear picture of the future will help businesses to maximise their drawings and know exactly how much cash they can reinvest.
Summary
Now is the time to innovate and get ahead of your competition.
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