Maximise Financial Performance - Ten Questions for Your Finance Function

Simon Peskett talks through ten key questions you should be asking your finance team to help you manage your business.

As a business owner, there are some crucial questions that you should be putting to your finance function to assess whether the financial performance of your business is being maximised.

This is not an exhaustive list, and different businesses will have different requirements of their finance people, but all companies can benefit from answering these ten questions.

1. Does Our Finance Function Understand The Business and the Aspirations of the Key Stakeholders?

This is key. With the future so uncertain, it's important that the focus on long-term strategies isn't lost and that the key drivers for success, together with associated risks, are understood and monitored closely.