A continuación, te explicamos cómo puedes asegurar la estabilidad financiera de tu negocio mediante la gestión eficaz de tus finanzas.

To secure the financial stability of your business, effectively manage finances by budgeting carefully, monitoring cash flow, controlling costs, managing debt responsibly, forecasting financial trends, diversifying revenue streams, maintaining accurate financial records, mitigating risks, developing a strategic investment plan, and seeking professional financial advice as needed.

Garantir a estabilidade financeira do seu negócio começa com um gerenciamento eficaz das finanças. Mantenha um controle rigoroso sobre receitas e despesas, utilizando ferramentas de contabilidade para monitorar fluxos de caixa. Estabeleça um orçamento detalhado e revise-o regularmente para ajustar estratégias conforme necessário. Diversifique suas fontes de receita e mantenha uma reserva de emergência para imprevistos. Invista em educação financeira para tomar decisões informadas e busque consultoria especializada quando necessário.

The budget must be comprehensive, and consider assumptions for all P&L lines, adjusting historical statistics according to the company's strategic plan (it must accurately reflect the results of the actions planned for the period). You must also consider external adversities and impacts. An important part of the financial budget is looking at the WACC (weighted average cost of capital) and understanding the opportunities for cost reduction. Finally, the capital structure in the balance sheet can show liquidity opportunities, through asset restructuring, with the aim of being more efficient with the same resources.

To secure financial stability needs to do the following consideration - Budget carefully - Revision budget quarterly, Half yearly - Budget analysis like MTD, YTD, and annually - Financial recording and review of Transactions on time - Reclass and adjust promptly - Review policy and adjust, amend SOD, Threshold, and process - Identify the gap and work on that - Maintain financial KPIs - Work on investments and debts in a timely - Maintain and manage cash flow

The provisions made in the budget serve to face adversities. It is important that these provisions are reflected in the cash register, as they purposely "penalize" the result for this purpose. In treasury management, planned resources (provisions) must be separated for planned or unplanned emergencies.

The saying ‘cash is king’ is common for a reason. Profitable businesses can go to the wall if they don’t manage cash efficiently and wisely. Forward cashflow projections should be updated and monitored weekly to ensure they remain relevant and accurate. This can’t be something you put aside to “get around to” when you have time. Make this a high priority and ensure it remains a high priority. An accurate cashflow informs so many decisions that need to be made in business. It answers the questions you may not have even thought to ask yet.

Extremely important to monitor: 1) The WACC (Weighted Average Capital Cost), 2) Liquidity (dynamics of application of LONG-TERM vs SHORT-TERM resources). 3) CASH GENERATION: Cash generation is a mandatory condition for fulfilling obligations. In this sense, it may be necessary to review purchasing, sales, manufacturing, import policies and everything that makes up the operational and financial cycle.

Reinvesting profits in the operation itself in new projects, new products and business expansion is a safe way to grow in a less leveraged way. However, the ROI of these reinvestments must be attractive, exceeding the opportunity cost for partners or shareholders. The important thing is that the reinvestment decision is always aligned with the strategy of the company and the partners/shareholders.

Check your numbers at least monthly We all set business goals around our finances, but unless we are checking against them often, you will find yourself deviating away from them. Being aware and in tune with your numbers will help you make adjustments along the way to ensure you stay on track from a budget perspective and progress towards your monthly goals. I find that reviewing numbers mid-month and at the end help better understand what is working and what is not. Then you can prioritize based on what is working and even double down on it. If things are not going well, now you know early enough to still take action and adjust mid-month to get back on track by the end of the month.