Session Eight – Financial Health Strategies

While for many people financial material might be the most boring part of running a business, it is often the most neglected and yet the most crucial element to success. Maintaining good financial health strategies is a massive cog in the well-oiled running of a business machine.

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The BDG went through a series of strategies to ensure their businesses were on the right track to being financially healthy and meeting the needs of their stakeholders.  Group members revealed their strategies for taking care of financial wellbeing, and were able to identify their strengths and weaknesses.  Focusing on weak areas allowed group members to target financial strategies which would have the most impact for their business.  All BDG members found they had areas to work on and were eager to put new strategies to work.

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With new strategies to manage Cashflow, Assets, Finance and Growth all the BDG members assessed their businesses through a new lens and went away with a sharper focus.

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