Many businesses are finding the restrictions imposed to manage COVID-19 an increasing challenge. Whilst your focus is clearly on retaining customers and maintaining trading; you must also prepare to return to your workplace. It may not be uppermost in your mind that your insurers will expect businesses to be, and continue to remain, compliant with […]
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We have consistently stressed the importance of cash management and it is even more crucial now. Tectona are perfectly placed to help you manage your cash ups and downs. Fact – businesses are going to be chewing up a lot more cash than usual over the next 15 months. Here is our Ten Point cash […]
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This Tectona “In 3” reinforces how important cash planning is and why it is so much more critical now with so many unknowns as we emerge from Covid-19 lockdown. Tectona are perfectly placed to help you manage your cash ups and downs. Wild guess? – Businesses are going to be chewing up a lot more […]
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Fact – even if you don’t, others (customers, suppliers, funders, shareholders) will be looking at your business and, especially in this period of uncertainty, gauging how robust it is. If they are advised properly, one of the things they will look at is Breakeven. This Tectona “In 3” peels back the layers of the concept […]
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(And updated Wednesday 15th April 2020) In this article we pull together the key things you should be thinking about as you steer your business through these uncharted waters. Time and again, we have seen that it is rarely sensible to implement rash decisions. You should do what is necessary to mitigate the effects of […]
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Fact – you are going to have to, if you have not already done so, make a very rapid decision as to what and how you will communicate with your staff due to Coronavirus. This Tectona “In 3” looks at what you should consider before talking to your employees. Introduction I have spoken to a […]
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This is the first in our new series of “In 3” – where we take a very quick look at important news of the day which is likely to directly affect large numbers of businesses. What is happening? In the final 3 months of 2019 the UK economy showed zero growth. This against a backdrop […]
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What does a CFO actually do? A good part time CFO will focus on providing high level, value-added strategic financial advice to businesses. By the very nature of the part time role, the businesses that benefit most will be primarily at the smaller end of the SME spectrum from start-up, through growth and on to […]
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If I said that working capital is (or should be) a key management tool then I would probably get some pretty strange looks. But I would then go further and say that: Managing working capital should be one of the key responsibilities of your CFO or FD as it is a really accurate barometer for […]
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At some point, your business will probably need to consider raising money to take it on to the next stage – or even simply to survive. This article provides a quick overview as to what you should be thinking about and outlines some of your options. What are your choices? Historically, you had 2 choices […]
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