Attention business owners, it’s time you had a chat with your finance team.
As the owner of an organisation, it’s easy to get caught up in overseeing the company that you lose track of the processes running within your organisation. This is even more so when running a small business, where the CEO is probably busy juggling ten things at once.
However, chatting with your team is essential, especially your finance team. It’s so important that 88 per cent of companies who financially outperform others in their industry have employees who feel heard.
Without a doubt, the finance team is one of the most critical departments in the company. But unfortunately, most finance teams are undervalued, with staff suppressing ideas they are afraid to share.
So here are some of the things that your finance team might not be telling you.