Building strong financial foundations
OutRise work with business owners to assess, reveal insights and enhance your financial foundations.
Does my business need financial foundations?
Looking at the foundations of your business is always a good exercise, but it is especially important for startups, businesses who are going through change or have big plans for the future.
Can you, at any time in the month, wholeheartedly answer questions such as:
Can I pay the wages this month?
Do I have enough in the bank to pay my taxes?
How much do I have coming in?
Can I pay my suppliers this week?
You may have a great team which you wish to build upon, ambitious plans for your business to achieve, but need to make sure that you have a secure platform to launch from.
What foundations does my business need in place?
These will be individual to your business and personal goals. Examples can include:
- A consistent cashflow month on month
- A detailed but easily-understood business plan
- Clarity and transparency of your profits and losses
- Support from financial experts who act as an extension to your team
- Efficient processes and systems in place to support sustainable growth
Steps to achieving your ambitions
OutRise work with pioneering businesses to remove the stressful questions.
The foundations will change as your business grows because nothing stands still. Typical financial foundations for your business are things like:
- Software setup and integration with your business processes
- Cashflow optimisation strategies
- Accounting and business advisors support as and when you need it
- 1-page business plan showcasing your business vision
- Strategy report to explain how your business is going to get there over the next 5 years
Build strong financial foundations with OutRise
The team work to ensure that all your financial foundations are working in harmony with each other, that there is an efficient system in place to make sure that this part of your business is running like clockwork. Book in a free consultation with the OutRise team to build strong financial foundations and have confidence and the right support in achieving your business goals.
