Business forecasting – a pleasant process 12 Jun 2017 Making financial forecasts can be pleasant and easy, even fun, when a clear, simple and scheduled process is utilized. Financial planning includes budgets and forecasts, which both are important and r... Posts by: Anne Sutela Read more
Vision as a management tool 22 May 2017 A vision is a realistic, motivating and desirable future goal. Its purpose is to motivate the personnel involved in reaching the set vision of future. A well-made vision is in sync with the company’s ... Posts by: Jukka Saarikko Read more
Optimize your cash flow – 12 weeks’ rolling forecast 8 May 2017 In order to succeed, a company must have adequate cash reserve to manage the solvency, i.e. liquidity of the company. When the company is successful, there may be ample cash reserves that require inve... Posts by: Anne Sutela Read more
Financial administration providing up-to-date information for decision making 27 Mar 2017 Up-to-date information forms the essential basis for company management decision making ( management tools ). Most of the information is gathered through the company’s financial administration or fina... Posts by: Anne Sutela Read more
Management tools – up-to-date information 13 Mar 2017 The task of the managing director is to maximize the operational result of the managed company in all circumstances. To fulfill this task, the managing director needs sufficient up-to-date information... Posts by: Jukka Saarikko Read more
Cash flow forecasting for better cash management 27 Feb 2017 Money talks in business. No matter what the business goals are, cash management has an essential effect on how quickly (or slowly) you can reach them. Adequacy of cash defines whether the business act... Posts by: Anne Sutela Read more
Sales forecast 9 Feb 2017 One of the most important reports describing the current situation and development trend of the business is the sales forecast. It provides the best outlook on future sales and their temporal realizat... Posts by: Jukka Saarikko Read more
Profit forecast; yearly or monthly? 19 Jan 2017 “Every company should prepare a three-month rolling forecast.” The budgets of this year have just been ratified, and many breathe a sigh of relief; no need to repeat this until next year. Therefore, I... Posts by: Anne Sutela Read more
Management reporting 3 Jan 2017 The most important tool at the “toolbox” of a managing director is up-to-date reporting. When the managing director has access to the latest, up-to-date information on the business of the company, it ... Posts by: Jukka Saarikko Read more
Budget – numbers or insight? 8 Dec 2016 A budget is a combination of several thoughts of an individual person if it is made unsystematically without a common goal. As a process, budgeting is done in many different ways. Far too often, I hav... Posts by: Anne Sutela Read more
Core business brings success 28 Nov 2016 Focusing on your core business is the key to success. This guarantees the best possible result and competitive position for your company. All activity is focused on what is known best. At the same tim... Posts by: Jukka Saarikko Read more
