Resurse

In my practice with entrepreneurs, I noticed that two of the biggest challenges they deal with are the following: control / delegation of tasks to the team cash (treasury) The solution I recommend is the Scoreboard. What does a Scoreboard mean? It is a set of key indicators measuring past performance and estimating future performance. It includes both financial and non-financial indicators. For instance, a Scoreboard should include profitability by… Read More »THE SCOREBOARD – THE COMPASS TO A SOLID BUSINESS

Ioana Arsenie, Financial Strategist: 80% of SMEs in Romania do not have a financial strategy adapted to the context of the pandemic How does one approach financial strategy in a risk context? The former financial approach of the company is no longer up to date and is by far obsolete, and the company does not have the ability to operate in unstable environments such as the current context caused by… Read More »SCENARIO-BASED FINANCIAL STRATEGY AND TRUSTED APP – PRESS RELEASE

In situations of enhanced volatility, whether it is about accelerated growth or the intense decrease of activity, agility is the key word. Unlike a relatively constant or seasonally predictable context, following approximately the same pattern every year, with a “regular” and controllable increase, in a volatility context, finance and operations processes are different: The monitoring of results needs to be done in real time. Even when working at a lower… Read More »FINANCES AT TIMES OF CRISIS: HOW DOES THE BUSINESS SIMULATOR HELP

I would like to ask you about what your business objectives were at the beginning of the year, expressed in numbers, and the extent to which they have been achieved. It would be nice to be able to explain, in a factor analysis, why objectives have not been achieved or exceeded. Many entrepreneurs think that as long as objectives are met an analysis is not required, which can be a… Read More »FINANCIAL PLANNING IN 2021