Financial reporting is the practice of summarizing the financial performance of an organization in standardized documents.
Stage: Manage a Social Enterprise
Financial planning and tracking helps organizations quantify their annual strategy and plan activities in a way that ensures feasibility and cost-effectiveness
Fixed and variable costs refer to the categorization of business expenses depending on whether they are affected by changes in product/service quantity sold, or whether they remain constant regardless of quantity sold.
Cash management is the process of collecting, handling, and using cash. Additionally, it involves assessing liquidity, cash flow and investments.
A business plan describes a business’s overarching objectives and describes a plan for how it will achieve those objectives.
Sales channels are the methods a business uses to sell products or services to customers.
This resource tailors its advice and guidance to early-stage ESEs, is designed with a “newly-onboarded COO of an ESE” in mind, and incorporates an organizational change management lens on operations improvement