Our business straddles two acronym-rich industries: accounting and technology. Some consultants and change managers would advise us to normalise the language we use because our conversations could be construed as esoteric. However, when operating internally, we do not isolate any individuals on the team, and...
The fitness of business. Is it so different from the business of fitness? I don’t think so. Having been proudly involved in both, I can say they correlate in more ways than you think....
Virtual CFO services are designed to bridge the gap present in an organisation that needs high-level financial advice but doesn’t yet have or require a full-time employee in the role. A VCFO should give you a better understanding of where your business is today and...
All businesses must deal with uncontrollable variables, but a forecast will prepare you for the future as much as possible. The primary purpose of a forecast when starting a business or considering a new business idea is feasibility. ‘Will this make money?’ ‘How long before...
We’ve been working extremely hard for a long time on our new release software version. It’s our baby. It’s significant. It’s powerful. It’s much-anticipated. It’s beautiful. Castaway is a serious tool. We have customers who rely on us to develop and maintain powerful software they...
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....
When the human body experiences fear, our minds are automatically switched to ‘Fight or Flight’ mode. It alerts us that we’re headed in a direction that’s outside of our comfort zone and contrary to our primal instinct, this can be a good sign! Where we...
We’ve seen a proliferation of CFO outsourcing solutions pop up in the last 2 or 3 years. They all have one thing in common: they each claim with great passion to be different....
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!...
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...