Entrepreneurial Vision - November 09

October has been a very busy month here at the FD Centre. Looking into November and beyond, the need for our part-time finance directors continues to grow. We have engaged with numerous businesses since the last issue of Entrepreneurial Vision and it seems that activity across many sectors is equally as busy as our clients and partners see the green shoots of recovery. However, I understand that not all businesses are enjoying the bounce back after the recession; for those still finding it tough (or any business planning for the future for that matter) please contact us now to see how we can help with one of our free financial health checks.

Whatever position your business is in, I hope that the purpose of these regular communications from the FD Centre is getting through - to provide information to help your business grow - and, most importantly, you are finding the information relevant - keep that feedback coming.

The provision of part-time finance directors is still a new concept and through our marketing activities with the partners and in the media we are continuing to educate businesses just like yours so they too can benefit from our cost effective service solution. If you know of a business that could benefit from our experience and expertise then please contact me - it's good to share.

That's it for now - I hope the information here proves useful and interesting; I am sure the wine offer fits the bill - looking forward to the festive season with anticipation...

Best wishes

Sara

Managing Director
The FD Centre

 

Contents 

Cost saving challenge...

Is it right for businesses to be aggressive in their cost cutting measures during a difficult economic time? There are many other ways in which a business can reduce its costs without impacting on its overall ability to deliver results.
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The impact of the latest fuel prices on business and the economy...

Whilst the continuing rise and fall of fuel prices impacts our immediate pocket, how does it affect the economy overall, particularly small and medium sized businesses? James Nicholson-Smith shares his views on the impact of the volatile fuel markets. 
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The benefits of reforecasts...

For the entrepreneur, looking forward to the future is part of their skill set. So it's not surprising that reviewing past performance isn't high on the priority lists. Reforecasting is all about reviewing past performance to ensure future growth and having the correct financial administration in place is vital. 
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Log on and find out...

The INFORMATION CENTRE at the FD Centre is full of interesting features on business support, not only contributed by the FD Centre, but also our partners. Covering a number of critical business areas we know that having the right information available can help a business make key decisions. The number of articles placed on the INFORMATION CENTRE grows weekly, so make sure you add us to your favourites and keep coming back to find out more. 
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Recession or rightsizing?

Robert May, Managing Director of ramsac, looks at how in uncertain economic times businesses can streamline their operations and leverage new skills to survive and thrive in a downturn. 
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Cash Flow - timing is crucial...

With greater pressure on businesses to improve their cash flow situations, speed is clearly of the essence. Both the banking industries and technology providers, like Albany Software, now have systems in place to help businesses with their payments.
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5 steps to measure success... 

Staying ahead of your competitors is vital to your success, but at what cost? Although marketing spend is most definitely a cost to a business, understanding its return is the true value. ITS Training advise on the key steps to measure your marketing results for success. 
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Wine offer for clients and partners of the FD Centre...

With the festive season coming up, now is the time to start thinking about saying "thank you" to colleagues or clients. Great Western Wine have provided the FD Centre with an exclusive offer on wine, champagne and chocolates. 
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To read issue 3 of Entrepreneurial Vision click here.