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Grow without going broke: how to organize your finances and not lose money in your business

Growing without going broke: how to organize business finances Many entrepreneurs manage to increase sales, but they don't always see money left in the cash register. This happens because business growth is not always accompanied by...

Grow without going broke: how to organize your finances and not lose money in your business
365 Summary

According to Ênio Duarte Pinto, customer relationship manager at Sebrae, growing sustainably requires organization and control over the company's finances. To achieve this, the first step is to abandon amateur management.

  • Send it to g1 For the specialist, business success depends on three main factors: professionalizing management, in-depth knowledge of the market in which it operates and developing...
  • In practice, this means closely monitoring financial indicators and maintaining updated management controls.

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Growing without going broke: how to organize business finances Many entrepreneurs manage to increase sales, but they don't always see money left in the cash register. This happens because business growth is not always accompanied by efficient financial management. According to Ênio Duarte Pinto, customer relationship manager at Sebrae, growing sustainably requires organization and control over the company's finances. To achieve this, the first step is to abandon amateur management. ?? Do you have any reporting suggestions? Send it to g1 For the specialist, business success depends on three main factors: professionalizing management, in-depth knowledge of the market in which it operates and developing entrepreneurial behaviors that help in decision-making. In practice, this means closely monitoring financial indicators and maintaining updated management controls. These include daily cash flow, cash flow, accounts payable and receivable and, when necessary, inventory control. These tools help the entrepreneur to understand the real situation of the business and plan the next steps. "When you sell, buy or hire, it directly impacts the company's finances. Therefore, it is essential to have management controls that allow you to see what is happening in the business", explains Duarte Pinto. With organized information, the entrepreneur stops making decisions based on guesswork and starts acting with more confidence. The result is more professional management, capable of sustaining the company's growth without compromising the financial health of the business. MEI facilitates the issuance of invoices katemangostar/Freepik Download GloboPop to watch short vertical videos from Globo