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Create a financial crystal ball for your business
Manage episode 428060510 series 3363549
Contenido proporcionado por Stuart Wemyss & Mena Abraham, Stuart Wemyss, and Mena Abraham. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Stuart Wemyss & Mena Abraham, Stuart Wemyss, and Mena Abraham o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
In this episode, Mena and Stuart explore the power of financial modelling and why it's essential for your business. They discuss the limitations of standard financial reporting, which often provides a high-level overview but lacks the detail needed to make informed decisions. Financial models, however, are tailored to each business and offer a deeper insight into key performance indicators (KPIs) and metrics that truly matter.
Mena and Stuart explain how financial models can track specific objectives, such as revenue growth and expense management, offering a clearer picture of the underlying drivers and trends. This detailed analysis helps businesses forecast growth, allocate resources effectively, and evaluate project feasibility, including decisions about vertical integration.
Listeners will learn how financial models can act as a 'crystal ball,' providing actionable insights that go beyond the numbers, helping to achieve business goals and navigate future challenges. Whether you're looking to enhance performance, manage cash flow, or plan for strategic growth, this episode will demonstrate the transformative potential of financial modelling for your business success. Tune in to discover how to create a financial crystal ball that can guide your business towards a prosperous future.
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Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
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