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Explore Weak Financial Controls Are Quietly Draining Growing Businesses with 951 views, 59 likes, and 1 comments. Experience the impact of this video content that has captured audience attention.

Weak financial controls are the silent killer inside many growing businesses. They rarely announce themselves. They build quietly, until one person leaves and the numbers stop making sense. In this video, John Osijo, a Chartered Accountant and fractional CFO, explains the six financial controls every owner managed business should have in place to protect its cash, its people and everything it has taken years to build. Most financial damage in a small business is not dramatic fraud. It is poor process, unclear ownership and too much dependence on trust. Trust matters, but trust is not a financial control. As a business grows, the informal systems that worked with a small team quietly become a serious risk. WHAT YOU WILL LEARN Why the most dangerous financial problems stay hidden until someone leaves The difference between trusting your team and controlling your risk Clear approval limits and separation between who prepares and who approves a payment Independent bank reconciliations and a controlled process for changing supplier bank details Regular review of expenses and proper access controls on your financial systems The six controls that protect your cash without drowning your team in bureaucracy WHO THIS IS FOR Owners and directors of growing UK small and medium sized businesses who want the confidence that their cash is protected as they scale. WANT TO KNOW WHERE YOUR GAPS ARE Comment the word CONTROLS below and I will share the free Six Control Audit. Or book a confidential 30 minute consultation here: https://calendly.com/johnosijo/intro-call ABOUT LEGACY GROWTH PARTNERS Legacy Growth Partners provides fractional CFO and strategic finance leadership to UK owner managed businesses. We help founders strengthen financial controls, improve cash flow, protect profit and build a business that is ready to scale or sell. Subscribe for practical, no nonsense finance guidance for growing businesses: CONNECT Website: https://legacy-cfo-partners.com/ LinkedIn: www.linkedin.com/in/johnosijo Email: [email protected] #FinancialControls #SmallBusinessFinance #FractionalCFO #CashFlow #SMEGrowth #InternalControls #BusinessRisk #OwnerManagedBusiness

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