Anticipatory Accounting Helps Business See Ahead and Bounce Back

We all know that wellness is not a one-time event. If we only exercise once a year, we are not going to see any desired positive outcomes from our singular effort. If we throw the rare healthy meal into a diet that is mostly junk food, that’s not going to make a real difference in our general health and wellbeing, either. 

Wellness is an ongoing pursuit that requires attention, effort, and intention. If you haven’t exercised in 30 years, and then throw your back out, it’s gonna take a heck of a lot longer to recover than it would have if you’d been on top of a fitness routine. 

When we take consistent action to monitor and improve our health and wellbeing, we not only feel better in our day-to-day lives, we also become more resilient and able to cope with whatever curve balls life may throw our way. 

And the same holds for your business’s well being. If you are not disciplined about your financial fitness regiment, you won’t be able to bounce back, pivot effectively, or pursue the right opportunities at the right time. 

This is a key complement to the anticipatory advising we are doing at KBS CFO. We build out solutions so that an organization can address the inevitable, the easy to anticipate, the things you don’t see coming, the transitions, and more.  

When you partner with a strategic, forward-looking financial advisor, they can help you see all the potential obstacles and opportunities and make sure your business is in the best possible shape to handle anything that comes your way. 

Speaking less symbolically and more specifically, here are a few ways Anticipatory Accounting can positively impact the health and wellbeing of your business. 

Financial Planning for the Future

Anticipatory Accounting advisors learn about the long term financial goals you have for yourself and your business. They take those goals into account to create a financial plan that considers cash flow, budgeting, and investment strategies. In turn, your business will be prepared to thrive through market fluctuations, economic downturns, or industry shifts.

Risk Management

You know your business, but you may not know what risks to mitigate against to keep your business secure. An Anticipatory Accounting advisor does. They will analyze market trends, industry regulations, and economic indicators to develop contingency plans. They can recommend diversification strategies, setting up emergency funds, or acquiring the right insurance coverage to safeguard against unforeseen events. This proactive approach protects your business’s financial health.

Growth Strategies

Business owners are eager to expand and with good reason! But scaling your business too fast can set you up for growing pains that are costly to bear. An Anticipatory Accountant helps you build your business with purpose and grow responsibly. They help you put the proper processes, partnerships, and structures in place so that when the growth happens, you are able to handle it and serve your customers. 

If you are ready to put a forward-looking lens on the health and wellbeing of your business, we can help. 
KBS CFO provides strategic, anticipatory outsourced CFO services with an eye towards supporting the profitable growth and sustainability of your business. Let us make sense of your financials and identify obstacles so you can focus on realizing your dreams. Contact us today and let’s start looking around the corner, together.