Setting up management control in an SME

Budget, cost prices, dashboards: where to start.

2 min read

Start simple

An annual budget broken down by month and monthly variance tracking already provide great visibility.

Cost accounting allocates expenses by product, customer or activity. It reveals what creates value and what destroys it.

Five to ten indicators tracked monthly are worth more than a dashboard nobody reads: revenue, margin, cash, working capital, customer payment times.

A monthly review with management, short summary notes and actions decided for each significant variance.

This guide gives general pointers. For your situation, talk to our experts.

The signs that show it is time, and how to organise the collaboration.

Valuation, business plan, data room: the steps to a successful raise.

What the main methods measure and why they are cross-checked.