Forecasting Process – A simple framework for building great forecasts
Over the years, I’ve written many words on the philosophy of forecasting, what makes a great forecast and why forecasting (done right) is critical to the success of any business. In this article, we’re going to change the cadence a little. I’d like...
Forecasting – Unlock your Possibilities
Entrepreneurs are driven by ‘the itch’. If you’ve felt it yourself, you know exactly what I mean. It’s that innate gnawing, discomforting feeling that comes from a deep, and often lifelong, conviction that there has to be a better way. The itch is...
The Advisor Mindset
Business advisory is all about creating value by solving client problems. Ask them about the problems they are trying to solve. Ask them about their hopes and dreams for the business.
The philosophy of forecasting
Real forecasting takes time. But it’s worth it. And it’s the perfect way for advisors to build a deep understanding of the businesses they work with. That’s the path to creating value.
5 Steps to Great Cashflow Forecasting
The same cashflow cycles show up year after year, yet we continually see businesses falling into the same cashflow hole. The good news is that there is a better way!
5 steps to scenario planning for CEOs
The role of a CEO is to make decisions in the face of uncertainty. But without the right insights to support those decisions, they are little more than guesswork.
An effective scenario planning process provides CEOs with the insights, clarity and confidence to make the right strategic decisions for their company’s growth.
Follow these 5 steps to make it happen
Time to rethink the annual budget
In our business, we think a lot about budgets. And we talk to lots of business owners who are thinking about budgets. And we talk to lots of business advisors who are thinking about budgets.