When does a business need strategic financial advice?
Strategic advice becomes valuable when choices about people, pricing, funding or investment can materially change profit or cash. At that point instinct alone becomes an expensive way to make decisions.
When the decisions are getting bigger
Strategic advice becomes valuable when choices about people, pricing, funding or investment can materially change profit or cash. At that point instinct alone becomes an expensive way to make decisions.
When the reports aren't answering the question
If you have reports but still can't tell whether you can afford a hire, why margin is falling or what growth will do to cash, you need interpretation rather than another report.
When the business is changing
Rapid growth, a new product, acquisition, funding, restructuring or a difficult trading period all increase the value of scenario planning and an independent financial view.
Get the advice before you make the decision
The best time to involve strategic finance is while options are still open. Explaining the financial impact after a commitment has been signed is reporting, not advice.
Strategic Finance & Virtual FD
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