Don’t allow yourself to get in a difficult situation
The consequences of inadequate financial control are usually manifest when cash-flow becomes a problem. At worst it can result in the demise of your business. And it can be successful companies (success in terms of growth) that can succumb to a failure of adequate financial control.
Having an experienced professional at the financial helm is a pre-requisite for good financial control. Guarding against the pitfalls and dangers a financial controller can also help steer decisions to ensure opportunities are realised.