In this video, Ciaran runs through the importance of displaying and visualising your financials in a way that is good for you. If you are from a creative background, perhaps a graph is a better choice for you?

Hello again. Now as a CEO, MD, or a business owner, I’m sure that you will see financial information presented to you from your bookkeeper, an accountant, or someone else in your team. You might well find that the information comes to you in a format that you just don’t like, you don’t understand, you just feel overwhelmed. So it’s worth just taking a step back and you confirming to yourself, how do you like to see stuff? And when you do that, communicate it with your team. So for example, most people I work with, most CEOs, are either a sales, marketing, product, or some sort of creative background. They’re not very comfortable looking at pages and pages of numbers, it’s not always clear what you’re supposed to be looking at. Graphs, sounds groundbreaking, can make it so clear and so visual as to what’s going on. It can just help unblock your head straight away. Give it a go.

Ciaran is a VirtualFD or freelance finance director for early stage companies. He’s on a mission to help business owners like you to Own Your Numbers. He won FD/CFO of the Year at the 2019 British Accountancy Awards.