Why do I need to manage my business financial performance?
Research shows that the failure rate of small business has remained unchanged since the Second World War (30% plus in the first year to 73% within 5 years!). * The single most important factor in failure (after lack of capital) is management deficiencies. * These businesses could not maintain a profit and/or manage change. * The small business owner inevitably is too busy operating the business to manage it. * MBM highlights business problems early and focuses you on the solutions.

I already use QuickBooks, why do I need My Business Manager?
Where most businesses go off the track, is that actual results do not follow the forecasts and this usually results in cashflow and/or working capital problems. Unless corrected quickly these issues usually result in the business either stalling or going further into debt. My Business Manager helps you to highlight and resolve these problems early to get your business back "on track".

I am already very busy. Can I get someone to help me with it or to run it for me?
There are many ways of running My Business Manager; * You can run it yourself and send your reports to your book-keeper/Accountant or Advisor for comments. * Your book-keeper can run it at your business. * Your book-keeper, accountant or advisor can run it for you at their premises and send you the dashboards and reports with their comments.

Is it suitable for all types and stages of businesses?
Yes. * Start-up – provides good foundations for financial management * Already in business – MBM can help with cashflow, profitability and growth * Selling or preparing for transition –a “managed” business is easier to understand * Franchises – standardize on financial reporting and consolidate results * Book-keepers – additional services and increased rates * Accountants – add value to current services * Advisors and Consultants – system and process to deliver financial management