Services for Small & Medium Enterprises
Managing the growth phase of a business can be challenging for numerous reasons. The following aspects will need to be carefully considered and closely monitored:
- Sources of further finance
- Optimum working capital levels
- Management of receivables, payables and inventory in the cash operating cycle
- Revisions to the company business plan
- Budgeting Income Statements and Cash flow forecasts
- Appropriate accounting policies for a larger organisation
- Staff motivation and development
- Marketing strategies
Without addressing these issues in advance it is unlikely that any company growth will be sustainable in the long term. We can assist in planning in all of these areas and prioritising factors as the company grows.
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