There are no hard and fast rules as to when your business needs a financial leader but if you face any of the following issues then you can be sure S4S will help your business find solutions.
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FUNDING PRESSURES - According to the British Chambers of Commerce many businesses find banks will not lend to them despite the banks insistence that they have funds available. Since the banking crisis hit in 2008 it is indisputable that banks have adjusted their appetite for lending to SMEs and many businesses have found themselves under pressure to reduce overdrafts.
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SQUEEZED PROFIT MARGINS, DECLINING TURNOVER - In these stressful circumstances it is often difficult for owner-managers to see a way out and a fresh pair of experienced eyes will frequently help to clarify the problem and begin the turnaround process.
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IMPROVING CASHFLOW – Many growing businesses focus on pulling in sales, interacting with customers etc. and only when the going gets tough do they start looking at how effective they are at managing cash. At S4S we take a strategic approach to implementing viable payment terms and collection procedures, managing working capital to maximise cash flow.
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EXIT PLANNING – If you have plans to sell your business you will need a finance director at your side who will ensure the business is seen in its best light and can accompany you to all the meetings with potential buyers and answer all the testing questions regarding finance and strategy that will be thrown at you.
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FUNDRAISING – we provide a comforting presence for investors and lenders. We know where to look for funds, what information to provide potential backers and how to construct forecasts.