So, we have covered the topic of key indicators of your business development. We have looked at the tools, tracking the changes of which, you can always be aware of the state of your business.
Today we will talk about how to build proper financial management
Why is it important to build this into a manager’s work from the very beginning?
Money is something that switzerland telegram data requires attention not only in life, but also in business. And in business, you need to be able to manage it especially well. And it is not the accountant who should do this. As my financial management teacher jokingly said during my MBA studies, the job of your accountant is to create the illusion before the tax authorities that your company is in perfect order.
Financial management should be
Handled either by the manager himself or, if you already have a fairly large business, by the financial director.
As practice has shown, the simplest form in which you can track finances is simple step 4. – product management Excel tables. Of course, you can object – but we use 1C or something else, why should I also keep tables? The fact is that you, as a manager.
need not just fixing numbers
You need to be able to make decisions with changing parameters. And for this, a plan is china leads first drawn up, then actual values of each income and expense item are entered as work progresses, and the deviation is determined on this basis.
And then it is important to conduct an analysis of this very deviation for each of the important parameters.