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Our CFOs have all walked the walk, playing leadership roles in fast growth businesses in every sector. The Strategist role of your CFO is to help you define what you really want from your business and work with you to devise the strategy to make it happen. This includes attention, in the current climate, on future-proofing your business to adjust to market conditions. There has never been a greater opportunity to grow through acquisitions and purchase competitive businesses at below market value.

Victoria’s current Lockdown is set to cost the Victorian economy as much as $2 billion a week, delay business investment and snuff out the recovery in the jobs market.

At the beginning of this second wave of the Coronavirus Lockdown, many businesses had to close their organisation’s doors or contract their activities. This was due to the government lockdown mandates or because customer numbers had diminished significantly. Most sectors of the Australian economy have been adversely affected by the pandemic

In the June quarter,

Our CEO for Eastern Australia, David King, gives a quick summary on the vital roles that CFOs play within a business.

To future proof your business, click here: https://www.cfocentre.com.au/future-proof-your-business/

SME’s planning to survive

As you emerge from the ‘government life support’ phase and look to plan your future in an uncertain world, preparation is essential.

As we attempt to return to business as usual during what some commentators are forecasting to be the worst economic collapse since federation, businesses will need a clear strategy to help them emerge into what will, for many, be a very different landscape.

Businesses in the Professional Services sector (along with many others) have had it tough this year. With the road to recovery in sight and a new financial year, now is the time to make sure your business is in the right shape to navigate through the rest of 2020 and beyond.

Nick Crawford, one of our CFOs in Sydney, partnered up with James Freeman at Capital Architects, Alistair Marshall from Professional Services Business Development and David Smith,

The impact of COVID 19 coupled with the imminent new financial year is inevitably resulting in a lot of people reviewing their businesses and wondering where to next? Like many, the recruitment sector has been hard hit, but in these times of uncertainty businesses need to be thinking about their business strategically. They need to be planning and being prepared for the recovery. How do you capitalise, pivot and survive to then revive and then THRIVE post COVID 19?

Reflections in Isolation

The COVID-19 lockdown may have afforded many business owners the opportunity to reflect on how they may have been better prepared to manage the crisis. It is likely that there will be a number of common threads evident, however it is certain that they will all be focused on the same goal of making the business more resilient and able to survive, revive or indeed thrive in the event of a major business disruption.

A CFO’s knowledge and experience is invaluable.  Now more than ever, the right advice and planning is paramount in navigating from Survive to Thrive.

To this end, I have held team meetings with our 40 part-time CFO’s over the last week and wanted to share my learnings in order to help more businesses during these challenging times. It was pleasing to hear how many of our clients are moving from ‘survive’ mode to ‘revive’ or indeed ‘thrive’ mode.