For many businesses experience tells us that the biggest challenge is often a lack of knowledge and a genuine lack of understanding regarding the importance of proper financial planning.
The absence of proper budgeting and forecasting continues to be one of the biggest barriers to growth.
Consequently, those same businesses regularly fail to appreciate that alongside any great business plan, there’s also a great financial plan that maps out your business’ journey from a financial perspective.
They fail to track their progress both from revenue and overheads perspective so as to ensure that your business hits its profit targets month on month, year after year.
The lack of proper cashflow forecasting and planning is also a major challenge for many businesses irrespective of what growth phase they are in. Without planning cashflow/working capital requirements properly many businesses simply fail to accelerate their growth rates and struggle to compete.
To amplify the point, recent studies have shown that 82% of businesses fail as a result of cash constraints and yet 73% of businesses don’t have an up to date cashflow forecast.
What Our Clients Say About Us
Having helped 1000s of businesses and leadership teams, we think they’re best placed to tell you about the impact we’ve had…
We now have a clear sense of direction in terms of where we’re going, why we’re going there and what we need to do in order to achieve our goals
The real deal…. They bring very sharp intellect tempered with amazing practicality
They are a real asset to my business
We’ve managed to achieve so much more in a short period of time
We’re on target to achieve an 80% rise in turnover
One of the best things I’ve done for my business is to work with Chalkhill Blue
Working with Chalkhill Blue has empowered us as business owners to dare to think bigger and better, giving us the confidence to make big decisions
Their sensible and practical approach to what business owners see as the “big issues”, breaks down those barriers and really helps those businesses achieve their full potential
Sharp business acumen, remarkable strategic agility and a genuine bias for action & getting things done
They instinctively understand the business of business. They have an uncanny ability to get to the heart of a problem and grasp detail. I would not hesitate in recommending them.
Our business has been transformed from a family firm to a performance business, with turnover up by 100% and net profits quadrupling.
Chalkhill Blue are sharp, entrepreneurial and strategic. I would not hesitate in recommending them