ACSAS’ Post

Did you know that a significant number of SMEs operate without a formal financial plan?⬇️ 1️⃣ 65% of SMEs lack a business plan or financial forecasts, according to a joint SME Recovery Tracker by the Corporate Finance Network (#CFN) and the Association of Chartered Certified Accountants (#ACCA) UK. 2️⃣ Approximately 70% of small businesses do not have a documented financial plan, as reported by the Small Business Administration (#SBA). Operating without a financial plan can lead to inconsistent cash flow, unpreparedness for #expenses, and missed #growth opportunities. At ACSAS, we specialize in crafting tailored financial strategies to help SMEs navigate these challenges and achieve sustainable growth. #FinancialPlanning #SMEGrowth #BusinessStrategy

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