A seven site children’s nursery requiring organisation and structure in its financial management and reporting.
This is a complex task which requires clarity and organisation to understand the financial performance of the individual sites and the business as a whole. The interaction of cash and profitability is particularly challenging for stakeholders to understand.
The solution is to use a summarised reporting structure underpinning the detail of each site enabling the owners to improve their decision making and understand the implications of their decisions.
This is a business which has a significant disconnect between cash flow and profitability due to the timing of its revenue streams, something that adds to the complexities of managing and understanding the business.