Financial Management in a Sports Equipment Company

A company which distributes sports and leisure equipment to sports centres and other organisations, had over the previous 12 months expanded and diversified its product range. It did not produce monthly management accounts, and the Sage accounting system had not been amended for the adjustments needed from the last annual accounts year end so current year information could not be produced.

The aim of the project was to ensure that accurate management accounts can be produced on time. We had to review the current state of the Sage accounting system, accounts processes in use, staffing requirements, updating Sage and also looking at other Financial Management aspects of the company and making appropriate recommendations.

Accounts were produced on time in a manner useful to the management to guide them through their growth. It is a very profitable company increasing net worth year on year.

Julian Blackmore Julian Blackmore

Julian is an internationally experienced business improvement specialist with a proven record of achievement in a broad range of sectors, including the printing industry and professional services ...

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