“Financial planning can be made more accurate by ensuring department heads understand budgeting” commenced a recent article in Financial Director. However, the report continues “because they (department heads) are not trained in finance, their budgets are often incomplete.” Continue reading
Business Planning For Success
At a recent Alternative Finance conference being run by the ACCA in London, I was astonished to learn that around 75% of businesses who approach forms of alternative finance, such as crowd-funding and peer to peer lending, are rejected purely because of a poor business plan. 75%!!
If you are one of the minority 25% who have produced robust business plans and consequently successfully raised finance, very well done! Continue reading