Geoffrey Fairhurst

Business financial acumen is the ability to understand and master the fundamentals of business financial management and decision-making. It involves understanding the components of financial statements such as the Profit and Loss Statement, Balance Sheet and Cashflow Statement, and how to use them to make informed business decisions. It also involves understanding the different sources of finance available to a business and how to effectively manage the cash flow of a company. Financial acumen requires knowledge of accounting principles and financial analysis techniques, such as budgeting and forecasting, to ensure the financial success of any business. Business financial savvy can be achieved through effective planning, budgeting, forecasting, and of course diligent financial reviews and debriefs. We start by establishing short and long-term financial goals that are achievable and realistic. We create a budget and and help you stick to it and understand it. Analyse and track your revenue, expenses to ensure that you're sticking to your budget and making the most of your resources. We monitor your cash flow to identify areas where you can reduce costs and increase profits. We use forecasting to predict future trends and make decisions based on the data you have. Finally, we establish a system to review your finances regularly and make adjustments as needed. With consistent effort, financial acumen is achieved. A "Done for You" Reporting Methodology The “Done 4 You” reporting methodology provides you with comprehensive and accurate reports that are tailored to meet your specific needs. We start by gathering data from a variety of sources, such as industry benchmarks, customer surveys, and internal performance metrics. We then analyse this data to identify key performance indicators and trends. We then present this information in an easy-to-understand format with visualizations and clear explanations of the results.

Industry

Business Consulting and Services

Company size

1 employee

Headquarters

Kempton Park, Ekurhuleni, Gauteng

Type

Self-Owned

Founded

2012

Specialties

Business Growth Expert, Business Planning, Profitability Execution, Strategy Execution, Business Assessment, Strategic Advisor, Financial Analysis, and Financial Reporting