by Michael Ford | Sep 26, 2023 | Forecasting, Uncategorized
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 to offer you a...
by Michael Ford | Sep 26, 2023 | Forecasting, Uncategorized
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 never far away...
by Michael Ford | Jun 26, 2019 | Featured, Forecasting
I heard this early on in a phone call with an accountant recently. He was one of 3 partners in a small suburban firm. They’ve been around a while, and have built a decent client base focused on small businesses. The largest client has a touch over 6 million revenue....
by Michael Ford | Dec 13, 2018 | Featured, Forecasting
Going beyond the numbers In the Xero 2018 Australian Accounting Industry Performance Report, 98% of all firms rated ‘advisory services, eg budgeting, cash flow forecasting and business planning’ as one the top 5 most attractive areas for growing advisory services...
by Michael Ford | Nov 22, 2018 | Featured, Forecasting
A well-prepared cashflow forecast is an early warning system that lets you spot signs of cash trouble months, or even years in advance. Small business cashflow is a roller coaster of income and expenses as the annual seasons progress. The same cashflow cycles show up...
by Michael Ford | Nov 16, 2018 | Featured, Forecasting, General Interest
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...