Hearsay, you may shout! How can I possibly run my business without a budget? Can I hold managers accountable? How can I reward and incentivise my staff to perform?
And, most importantly, how do I measure my financial performance on a monthly basis? All these are very valid questions, but an annual business budget is not the best financial management tool to achieve this and can drive limiting behaviours.
What if I were to say there is a better way.
Introducing Matthew Comins:
Qualification:
CA (SA) And B.Compt (Hons).
Company Role:
Regional Director, Mpumualanga
What did you do before joining The FD Centre?
Group CFO for the HL Hall & Sons group
How long have you been with The FD Centre?
Your best chance of succeeding in the fight against stress is to aim for prevention. Use these three methods to prevent stress on the individual and organizational level.
The following excerpt is from Dr. Nadine Greiner’s book Stress-Less Leadership. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound
Too many people wait until stress has progressed too far before taking action. But unlike other afflictions,
The quicker you want your company to achieve its goals, the sooner you should consider hiring a part-time FD or CFO.
That’s because a part-time FD or CFO will provide your company with the high-level financial expertise necessary to scale up (things you and your team may not even be aware you need), for a fraction of the cost of a full-time FD/CFO.
Hiring a part-time FD or CFO provides your company with many advantages that really help it to grow and stand out in any marketplace.
Name:
Mochele Noge
Qualification:
B Com (Wits), H Dip (Corp Law) ( RAU), Hons (Acc) (Natal), PGD (Tax Law) (UJ), PGD (International Tax), M Com (SA and International Tax), LLB (Unisa) (Currently Studying) CA(SA)
Company Role:
Regional Director
What did you do before joining The FD Centre?
The lore of geeks in the garage and entrepreneurs on couches is only part of the story
The humble beginnings of tech start-ups that would become multi-billion dollar companies are the stuff of legends. We all know the story of Apple. How the two geniuses both of whom were named Steve – Steve Jobs and Steve Wozniak – started what would become the Apple Empire in the garage of the parents of Steve Jobs.
In 2017 and 2018 the year on year growth in South Africa’s manufacturing production declined substantially. In 1994 manufacturing accounted for 20% of GDP. It now stands at 14%.
In February 2019, local utilisation of available manufacturing capacity was sitting at 80.8%, leaving 12.2% capacity unused.
In a sluggish economy, where demand is weak, margin management is a business imperative.
Manufacturing executives often think they know how well their company is managing margins,
Name:
Jacqui Crosby
Qualification:
CA (SA)
How long have you worked for The FD Centre?
I joined The FD Centre just over 4 years ago in March 2015.
What did you do before joining The FD Centre?
I was with Times Media for almost 10 years,
Chris Willford, portfolio FD at the FD Centre in the Thames Valley
(part of The CFO Centre Group)
“Portfolio working allows me to keep close to the business I founded, whilst supporting other entrepreneurs and doing the things I love.”
Chris Willford joined the FD Centre back in 2016 after over 30 years working in FTSE 100 companies and the creation of a successful software business.
Jim Laslett joined the FD Centre in 2015 and has enjoyed the diversity that his new role brings.
(part of The CFO Centre Group)
After a chance meeting at a Christmas lunch in 2014, Jim decided to explore the opportunity of working with the FD Centre and later joined. Jim’s previous experience in retail and manufacturing has enabled him to look after a number clients from very varying industries – from an electrical wholesaler to a supplier of specialist products to fruit farmers,
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