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Why You Don’t Trust Your Financial Decisions (Yet)
You know that feeling when you need to make a financial decision and you just… freeze? Should I hire someone? Can I afford this software? Is it safe to invest in marketing? And you realize: you’re just guessing. Let me explain why. The Data Problem You can’t trust your financial decisions when you don’t trust your financial data. And most business owners are working with: Out-of-date data Last month’s numbers. Last quarter’s. Sometimes last year’s. Incomplete data Numbers t
The UK Virtual Bookkeeper Ltd
4 days ago2 min read
6. The Problem with Accounts That Arrive Too Late— And Why Timing Is Everything in Business Finance
📅 Week 6 | Q1 – Foundations: Management Accounts & Control | The UK Virtual Bookkeeper Here’s a scenario that plays out in more businesses than you’d imagine. The financial year ends in December. The management accounts arrive in February — or March. By the time the business owner sits down to review them, they’re looking at numbers that are already ancient history. Decisions that could have been made in October are now irrelevant. Problems that could have been caught in Nov
The UK Virtual Bookkeeper Ltd
5 days ago4 min read
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