Compass
A discussion on business and corporate culture
The new year is here, what should I be doing differently
Now that the new year is here, Chief Financial Officers (CFOs) are faced with a crucial period for setting the financial trajectory of their organizations. The beginning of a new year is an opportune time for CFOs to strategize, plan, and ensure financial resilience. Actually, Q4 is the best time to address these issues but if you haven’t done these yet there’s still time…but not much
The Importance of Starting the New Year with a Clear Strategic Plan
Starting the New Year with a Clear Strategic Plan
Navigating Success: The Crucial Role of Founders in Month-End Financial Reviews
Owners and founders frequently overlook the importance of closing the books at the end of each month and reviewing financial statements with their management teams. However, this is a crucial function that can provide valuable insights into business operations, such as identifying which processes are effective, determining the most profitable products or services, and ensuring that the company is on track to achieve its strategic goals. Neglecting this process may result in missed opportunities for improvement and growth.
Autumn: The Perfect Season for Corporate Strategic Planning and Budget Reviews
Autumn is more than just a season; it is a juncture that offers many opportunities for corporations to recalibrate, plan, and innovate. The combination of a fresh perspective, fiscal alignment, and data availability makes this month ideal for strategic planning and budget reviews. By capitalizing on these advantages, businesses can position themselves for success in the ever-evolving commerce landscape. As September dawns, so does a chance for corporations to shape their futures and navigate toward growth and prosperity.