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Finance thoughts for non-finance people.

Blogs + Articles

Finance thoughts for non-finance people.

© 2020 Justice. All Rights Reserved

© 2020 Justice. All Rights Reserved

Your Business Can't Afford Not to Have Professional Financial Management

Your Business Can't Afford Not to Have Professional Financial Management

November 05, 20232 min read

Professional financial management can help your business improve cash flow, reduce taxes, increase profits, and reduce risk. It's an investment in your business's future that's worth making.

As a business owner, you're constantly juggling multiple tasks. You're responsible for sales, marketing, product development, customer service, and more. It's no wonder that financial management often falls to the bottom of the list.

But the truth is, professional financial management is essential for any business that wants to succeed. By working with a qualified financial management team, you can get the guidance and support you need to make sound financial decisions. And that can make a big difference in your business's bottom line.

Here are just a few of the benefits of professional financial management:

  • Improved cash flow: A financial management team can help you create a cash flow plan that will help you manage your money more effectively. This can help you avoid debt and build up a financial cushion.

  • Reduced taxes: A financial management team can help you identify tax deductions and credits that you may be eligible for. This can save you money on your taxes and help you keep more of your hard-earned profits.

  • Increased profits: A financial management team can help you develop a business plan that will help you grow your business and increase your profits. They can also help you identify areas where you can cut costs and improve your efficiency.

  • Reduced risk: A financial management team can help you minimize your risk by investing your money wisely and protecting your business from financial shocks.

  • Peace of mind: Knowing that your finances are in good hands can give you peace of mind so you can focus on running your business.

If you're not sure if you need professional financial management, consider the following:

  • Are you struggling to keep up with your bookkeeping?

  • Are you having trouble managing your cash flow?

  • Do you have a clear understanding of your business's financial performance?

  • Are you making sound financial decisions?

If you answered yes to any of these questions, then professional financial management could be the right solution for you.

Finding a qualified financial management team can be daunting, but there are a few things you can do:

  • Ask for recommendations from friends, family, or other business owners.

  • Interview several advisors before making a decision.

  • Make sure the advisor understands your business and your financial goals.

  • Choose an advisor who is certified by a reputable organization, such as the Financial Planning Institute or the Institute of Chartered Accountants.

Professional financial management is an investment in your business's future. By working with a qualified financial management team, you can improve your cash flow, reduce your taxes, increase your profits, and reduce your risk. This can give you the peace of mind you need to focus on running your business and achieving your goals.

Contact us today to learn more about how we can help you with your financial management needs.

professional financial managementbusiness financial managementfinancial management servicesfinancial advisorfinancial planner
blog author image

Vanessa Bamford

With over a decade of experience as an Accountant and Business Strategist in independent business, social enterprise, and within the no-for-profit sector, Vanessa has a unique understanding of all the moving parts of the business ecosystem including; people and culture, systems and processes, as well as a passion for human behaviour and business development.

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Your Business Can't Afford Not to Have Professional Financial Management

Your Business Can't Afford Not to Have Professional Financial Management

November 05, 20232 min read

Professional financial management can help your business improve cash flow, reduce taxes, increase profits, and reduce risk. It's an investment in your business's future that's worth making.

As a business owner, you're constantly juggling multiple tasks. You're responsible for sales, marketing, product development, customer service, and more. It's no wonder that financial management often falls to the bottom of the list.

But the truth is, professional financial management is essential for any business that wants to succeed. By working with a qualified financial management team, you can get the guidance and support you need to make sound financial decisions. And that can make a big difference in your business's bottom line.

Here are just a few of the benefits of professional financial management:

  • Improved cash flow: A financial management team can help you create a cash flow plan that will help you manage your money more effectively. This can help you avoid debt and build up a financial cushion.

  • Reduced taxes: A financial management team can help you identify tax deductions and credits that you may be eligible for. This can save you money on your taxes and help you keep more of your hard-earned profits.

  • Increased profits: A financial management team can help you develop a business plan that will help you grow your business and increase your profits. They can also help you identify areas where you can cut costs and improve your efficiency.

  • Reduced risk: A financial management team can help you minimize your risk by investing your money wisely and protecting your business from financial shocks.

  • Peace of mind: Knowing that your finances are in good hands can give you peace of mind so you can focus on running your business.

If you're not sure if you need professional financial management, consider the following:

  • Are you struggling to keep up with your bookkeeping?

  • Are you having trouble managing your cash flow?

  • Do you have a clear understanding of your business's financial performance?

  • Are you making sound financial decisions?

If you answered yes to any of these questions, then professional financial management could be the right solution for you.

Finding a qualified financial management team can be daunting, but there are a few things you can do:

  • Ask for recommendations from friends, family, or other business owners.

  • Interview several advisors before making a decision.

  • Make sure the advisor understands your business and your financial goals.

  • Choose an advisor who is certified by a reputable organization, such as the Financial Planning Institute or the Institute of Chartered Accountants.

Professional financial management is an investment in your business's future. By working with a qualified financial management team, you can improve your cash flow, reduce your taxes, increase your profits, and reduce your risk. This can give you the peace of mind you need to focus on running your business and achieving your goals.

Contact us today to learn more about how we can help you with your financial management needs.

professional financial managementbusiness financial managementfinancial management servicesfinancial advisorfinancial planner
blog author image

Vanessa Bamford

With over a decade of experience as an Accountant and Business Strategist in independent business, social enterprise, and within the no-for-profit sector, Vanessa has a unique understanding of all the moving parts of the business ecosystem including; people and culture, systems and processes, as well as a passion for human behaviour and business development.

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Sarah Stiles

client account manager

Sarah has vast experience in bookkeeping, payroll, Xero, and cloud software set up. She's currently growing her qualifications studying a Diploma of Accounting.


With a passion for working with not-for-profit organisations and business that are making a difference in our community, Sarah loves helping others achieve their goals using her accounting smarts.


Three fun facts about me...

I spent 4 years of my childhood living in remote Northern Territory

I love food, especially chocolate

I am a dance mum and love watching my daughter dance more than anything

Sarah Stiles

client account manager

Sarah has vast experience in bookkeeping, payroll, Xero, and cloud software set up. She's currently growing her qualifications studying a Diploma of Accounting.


With a passion for working with not-for-profit organisations and business that are making a difference in our community, Sarah loves helping others achieve their goals using her accounting smarts.

Three fun facts about me...

☞ I spent 4 years of my childhood living in remote Northern Territory


☞ I love food, especially chocolate


☞ I am a dance mum and love watching my daughter dance more than anything

Rhedyn Lemaire

client account assistant

client services administrator

Rhedyn is our resident customer service queen. She's passionate about empowering her clients with next level account management services and will quickly become a trusted part of your virtual finance team.


A life long learner, Rhedyn is currently studying a Diploma of Payroll Services and Cert IV Bookkeeping and Accounting.


Away from work she's an experienced debater and commanding public speaker.

Three fun facts about me...

I'll happily speak in front of hundreds of people - but don't ask me to sing in public!

I love reading and writing book reviews.

I'm an animal lover and have had many different types of pets over the years.

Rhedyn Lemaire

client account assistant

client services administrator

Rhedyn is our resident customer service queen. She's passionate about empowering her clients with next level account management services and will quickly become a trusted part of your virtual finance team.


A life long learner, Rhedyn is currently studying a Diploma of Payroll Services and Cert IV Bookkeeping and Accounting.


Away from work she's an experienced debater and commanding public speaker.

Three fun facts about me...

☞ I'll happily speak in front of hundreds of people - but don't ask me to sing in public!

☞ I love reading and writing book reviews.

☞ I'm an animal lover and have had many different types of pets over the years.

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