Working out. A healthy regime for the larger body.
Being a larger body brings with it some health risks. We will help your larger business to become fit and healthy by creating and maintaining a financial health regime, setting objectives and working out to hit your targets. We can also identify areas of your organisation that may need toning to ensure that the whole body is working efficiently. Questions you may need to consider:
- Do you have control over your business? Do you need to review your internal control systems? Is an annual audit needed?
- Are you aware of all your business risks? Do you need a risk management review?
- Are your decision making processes adequate? Do you have the necessary information to make the correct decisions?
- What are your governance procedures like? Do you need to review these to ensure you are running your business the best it can be? Are you including your key people in the governance process?
- What are your succession plans?Are there key people in your business that you should be grooming to take over from you? Do you need to prepare your business for sale?
- What have you done to protect your personal wealth and asset position?