Financial Management & Analysis

While profitability remains important, it is often said that cash in king in any business. In their drive for growth and increase in turnover, at times businesses fail to acknowledge that Financial Management is a key component in their business endeavour. In addition throughout the financial year, business owners and managers alike must also recognise that they should remain updated with the business financial position. Good financial management practices include:

Budgeting
Financial Management
Cost Management
Management Accounting and Interpolation
Negotiations with Financial Institutions