Starting a new business venture can be exhilarating, but it also comes with a range of financial challenges. Whether you’re expanding into new markets or launching a completely new product line, integrating the venture into your existing financial plan is crucial for ensuring long-term success.

An unpredictable economic climate seems to be the norm these days, with businesses faced with a unique set of challenges that can strain financial stability. Changes in inflation, fluctuating interest rates, and global uncertainties, mean that maintaining a healthy cash flow is more important than ever. Cash flow - the movement of money in and out of a business - acts as the lifeblood of any organisation.

In times of significant global uncertainty that include geopolitical tensions and rapid technological changes, it's crucial for leaders to strategically plan for the long term. This is why I read with great interest Jamie Dimon’s letter to shareholders that was circulated in recent weeks.