If you don't know your numbers, you're going out of business. I don't care how good your product is. Tilman J. Fertitta (Landrys, NBA, Houston Rockets)
Meet the Synergy48 Group Financial Management Specialists
Best Practice Financial Management in the Blog
Is fast growth sending your business broke? The action plan
Every month Synergy48 Group members invite a select group of 20 clients to attend a Knowledge Sharing Dinner with a panel of 4 business specialists from different professions to discuss a different business issue. As part of the agenda each of the specialists provides...
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Is rapid growth sending your business broke? – Meet the panel
What's on the agenda at the next Synergy48 Group Knowledge Sharing Dinner when a group of business owners meet over dinner with an expert panel comprising a chief financial officer, a bookkeeper, a credit management specialist, and an IT integration specialist to...
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Best practice financial management
Financial management covers the systems and processes that an organisation uses to oversee and manage its income, expenses, and assets with the objectives of maximising profits and ensuring sustainability. Unfortunately many SME business owners neither...
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Benchmarking Best Practice Debtor Management
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is it important to ensure that you...
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Benchmarking Best Practice Funding
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is it important to be fully aware...
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Benchmarking Best Practice Financial Management – Cashflow
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. Why is effective cashflow management...
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Benchmarking Best Practice Understanding Gross Profits
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. What is gross profit and why is...
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Benchmarking Best Practice Financial Management – Costs of Doing Business
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. One of the critical principles behind...
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Benchmarking best practice Guide to Managing Overheads
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. What are overheads and why is managing...
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How to Be Better Prepared to Give Credit to Customers
Be organised and keep up daily with those who owe you money. It will save time and money and alleviate stress. Synergy48 Credit Management and Debt Recovery Advisor Jeanine Purdie explains... The size of the debt recovery problem facing Australian business...
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