You’re only as good as others think you are
“Understanding the figures is very important but also very difficult. Using The Financial Fence® is like taking off a foggy mask.”
“You can begin to see how what you do in the business affects its financial health. Then you can adjust your processes to suit your ideal outcome. We began to understand how our trading terms affected the business. So we’ve changed our practices to pace our payables with our receivables. Using The Financial Fence® makes the company’s financial figures accessible to everyone in the business. I can actually have a real conversation with our Financial Controller because now we’re both on the same page.”
Sam Furphy
CEO Urban Maintenance Systems
“I have been in a number of businesses since 1979 and through that time have never quite understood how everything worked together.”
“One Sherpa has opened my eyes to what business is really all about. Before I met them I seemed to borrow more each year and was in the process of selling off parts of my business to stay afloat. Since starting their programme I have had the pleasure of not only getting more cash in my business but also buying back the parts I’d sold. I never thought that getting my business model right could have such a profound effect on my business, the way I could understand it, and the cash flow that came to me.”
Michael Selby
Principal, Excel Drive
“I have watched The Financial Fence Pty Ltd develop its methodology and education over the last five years.”
“As a direct result of using the principles in their education programme, my business has grown 600% in the last four years under their guidance.”
Graeme Weller
Managing Director, Market Intelligence Group Pty Ltd
“As someone with a non-financial background, I have attended many “finance for non-finance people” courses over the years.”
“None of them taught me as much as ‘Where’s the Money Gone?’ It’s use of clever analogy and clear explanations has finally given me a ‘big picture’ understanding of how financial statements really work.”
David Brewster
Principal, Business Simplification
“We have many tools but none that actually gives you a picture to show the changes from one period to another and quickly highlights the differences…”
“I will be using this as a monthly report. It gives me a better understanding of working capital effect which… tells me in which branch we should be investing either new equipment or people… what I have seen in my branch managers is that they are looking at their businesses in a different way. They have a different approach to inventory and credit.”
Ed Manzi
State Manager, Smorgon Steel Regional Distribution
“The Financial Fence has positively impacted the regional business both in terms of the understanding of the numbers, and in terms of communication of the numbers…”
“The Financial Fence provides clarity around the financial performance of their business… this clarity enhances the conversation with a branch manager when talking about the business. The ability to have a conversation about both profit and cash flow, and agreed business ratios in a one-page report ensures the discussion remains relevant. The ability for the “Fence” to track the interdependency of profit and cash is improving decision making through greater understanding. The Financial Fence is allowing us to use a common language and is enhancing the sharing of information at branch level.”
John Costa
National Commercial Manager
Regional Distribution, Smorgon Steel Distribution
“We found the financial fence model a great tool which made looking at our finances clear and easy to make sense of.”
It gave us a clear understanding of where our money is going, where it is at and what it will look like in the future. We wish that we knew about this tool sooner as it really is a great help.”
Scot and Lorraine Leslie
Seminar Attendees
