You ask, we answer Simple yet essential insights The attentive To the Point reader has already noticed. Our FAQ section has introduced a new concept. Instead of sorting out one theme based on ten specific questions, we are now bringing different themes to your attention based on one question. Not randomly, but based on the questions that we have recently received from our customers. Teleworking or working from home became the ‘new normal’. During the COVID-19 [...]
Cash flow management Simple yet essential insights Dirk Vandendaele, Partner BDO Accountancy Jan Vermeersch, Manager BDO Digital You can’t run a business without sufficient cash reserves. Well, you can, but you wouldn’t be running an efficient business. Avoid unpleasant surprises by keeping an overview of all incoming and outgoing payments. So how do you successfully manage your cash flow? And what information do you need for this? Find the answers in this FAQ. Cash flow [...]
‘No plan is a plan to fail’ 9 steps to a solid business plan Philip Lodewyckx, Partner BDO Accountancy Did you know that companies that make a business plan grow up to 30% faster than companies that do not? That you have twice as much chance of getting the necessary financing with a well-thought-out business plan? 9 steps are enough. The added value follows. What is a business plan? A business [...]
How to value a company in uncertain times? What is a company worth? That’s never a simple question, certainly not in times of great uncertainty. Let alone during a crisis such as the current COVID-19 pandemic. Greater challenges, different pitfalls, creative solutions!
How do you budget in times of corona? For many companies, it’s time to get to work on the annual budget. However, the economic impact of the COVID-19 health crisis is not making it any easier to define plans and budget for the coming year. After all, companies must anticipate various scenarios and take into account specific risks and opportunities within the business environment. But because lack of certainty is a poor advisor, we will attempt to answer [...]
BDO launches the ‘Office of the CFO’ Is your finance department ‘fit for the purpose’ and ‘fit for the future’? The coronavirus crisis is exerting great pressure on CFOs and, at the same time, it’s exposing a number of bottlenecks. For example, the question arises whether your finance department has enough leeway and the right resources to meet current and future expectations. What is the degree of performance (including digital), relevance and accuracy of the available data, [...]