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Hedley Basford Management Consultants

Financial Management

BENEFITS FOR YOU: Secure financial base on which to build your business; sound internal controls; effective forecasting; clear responsibilities for expenditure; accurate and timely reporting.

TASKS TO PERFORM: Review sources of funding and ensure they are appropriate to the needs of the business; review forecasting, budgeting and costing processes; review accounting and reporting procedures and systems.

Financial Management

Many companies restrict their ability to expand by failing to maximise their borrowing potential. There is also a reluctance to give up equity in return for medium term funding. Also, it is not often appreciate how different the banks can be in their approach towards corporate lending - some of them can be quite innovative.

In additions to the 'High Street' banks, there are a number of smaller private banks and investors that have interests in particular business sectors. Then there are grants that may be available.

Other avenues to explore are the Angel Bourse and the AIM market, amongst others. We advise, source and negotiate for all sources of funding.

An essential prerequisite is having sound accounting, budgeting and reporting systems and procedures. Hedley Basford is a chartered accountant was previously Group Financial Systems Manager for the Sears Holdings. His colleagues are well connected with banks and other lenders. We are well placed to help you. Contact us now for financial advice.

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