Tag: financial
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How Subcontractors can Avoid Financial Distress
A combination of macroeconomic factors and a desire to drive top-line revenue continues to lead many subcontractors to underbid projects, sometimes unintentionally, ultimately contributing to financial distress. As more subcontractors succumb to the pressures of the environment, we may see a bubble form. Savvy general contractors are already taking steps to protect themselves from the…
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Garnica Appoints Sandra Porras as Chief Financial Officer
Garnica, a leading manufacturer of premium sustainable plywood, is pleased to announce the appointment of Sandra Porras as the new Chief Financial Officer (CFO), effective immediately. She will also serve as a member of the Steering Committee and report directly to Garnica CEO, Álvaro González. With over 20 years of experience in corporate finance, auditing,…
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Why Financial Planning & Analysis Are Key to Business Success
Running a successful business requires more than just a strong product or service. Financial planning and analysis (FP&A) are essential components of long-term success, helping businesses allocate resources effectively, prepare for future challenges, and seize growth opportunities. Many business owners focus on day-to-day operations but may overlook the importance of strategic financial management. That’s where…
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Boiler Upgrade Scheme sees record growth but Government report highlights major financial challenges for homeowners
A new government report has shed light on the performance of the Boiler Upgrade Scheme, revealing record uptake alongside persistent barriers to wider adoption. While the scheme has funded over 55,000 installations and homeowners report high satisfaction with heat pumps, concerns over affordability, red tape and workforce shortages remain. With funding now extended until 2028,…