SUPPLY DEVELOPMENT CFO CAPACITATION PROGRAMME FOR EXEMPT MICRO ENTERPRISES (EME)
THE PROBLEM WE ARE SOLVING
The corporate has offered an entrepreneur a material contract above R10 million that may impact a critical part of the business operations and you need a partner to monitor their ability to sustainably deliver on it, and still understand the challenges they face.
FINANCIAL TRANSFORMATION JOURNEY OBJECTIVE
To organise the business for growth and build trust for further investment in the business.
THIS IS WHAT A BUSINESS NEEDS THE MOST AT THIS STAGE:
Backoffice Support & Supervision:
Timely recording and processing of financial transactions and compliance with laws and regulations to take advantage of opportunities available to lessen the dependency on the corporate sponsor.
Customer Readiness:
Be a responsible corporate citizen to enable business - to - business engagement.
Working Capital Management:
Cashflow Management: Managing payment of suppliers after collecting from customers as an initial form of funding.
Funding Readiness:
Credible financial performance and position that demonstrate the ability to care for Own Money demonstrated by a healthy liquidity and solvency ratio.
Monitoring & Evaluation:
Annual budget to plan for growth.
Business Planning:
Annual budget to plan for growth.
Growth Aspirations:
Growth ambitions of revenue to more than R10 million pa.
THE PROGRAMME INCLUDES THE FOLLOWING SOLUTIONS:
Finance function digitisation roadmap
Annual Budget
Back-office support
Back-office supervision
Working capital and liquidity management
Cashflow management
Monthly management accounts
