The magic of predictability tiny thoughts Jan 01, 2022

“It could be harder to sell a business that has no marketing spend.” A founder I know was recently told this by someone who...

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Zoom in, zoom out tiny thoughts Jan 01, 2022

There’s something about finance that makes people think that the magic happens in the fifth decimal place – that it’s...

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Does your accounting need a makeover? (2/2) tiny thoughts Jan 01, 2022

Last week I wrote about why accounting matters and why it’s worth doing it the right way (tl;dr: poor accounting leads to bad...

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Does your accounting need a makeover? (1/2) tiny thoughts Jan 01, 2022

The other day, I chatted to a seasoned CFO who was complaining about how badly managed some of the books she’s asked to come in and...

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Next year (annual planning, part II) tiny thoughts Dec 26, 2020

Last week’s newsletter was originally meant to have a quick, one-paragraph introduction before launching into a piece about annual...

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This year (annual planning, part I) tiny thoughts Dec 26, 2020

Are you someone who thinks detailed annual planning, whether entrepreneurial or life-related, is a waste of time? A lot of people would...

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Therapists versus CFOs, and taking advice from both tiny thoughts Dec 26, 2020

Starting a business requires a whole lot of intuition. The idea that people would stay in strangers’ homes instead of hotels, and...

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Everything depends (a final word on financial statements) tiny thoughts Dec 26, 2020

If there is one type of answer I hate when I ask for a professional opinion, for example from a lawyer, it’s “it...

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Am I burning through cash? (ask your cash flow statement) tiny thoughts Dec 26, 2020

Finally, my favourite – the Cash Flow Statement. Unlike P&L and the Balance Sheet, Cash Flow as a concept is...

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Am I rich yet? (ask your balance sheet) tiny thoughts Dec 26, 2020

Last week I talked about how your P&L tells you whether your company made a profit or a loss. (And the week before, why you...

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Am I making money? (ask your P&L) tiny thoughts Dec 26, 2020

Following last week’s newsletter which hopefully helped to internalise why you, yes you awesome entrepreneur you, should...

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