In a recent episode of the BizVal Podcast, Vangelis Kiriasis, CEO of Syft Analytics, made a point that resonates deeply with our mission at BTM Group CI. He noted that most entrepreneurs get their financials from their accountant once a month, skim-read them, and don’t really understand them. In many cases, it is treated like the "dark arts."
If you’ve ever looked at a 20 page PDF of a Profit and Loss statement and felt more confused than when you started, you aren't alone. However, in today’s volatile market, flying by the seat of your pants is a luxury no business owner in the Channel Island or the UK can afford.
As Vangelis explained, as a business matures, often crossing that £1 million turnover mark or becoming VAT registered, complexity explodes. Suddenly, you aren't just tracking sales. You are managing inventory, debtors, creditors, and the constant pressure of working capital.
At this stage, a bank balance is no longer a sufficient KPI. You need to know:
At BTM Group CI, we are proud Xero Silver Partners. We leverage Syft Analytics to pull your raw data out of the "dark arts" and into the light. Syft allows us to move past the traditional P&L and Balance Sheet into the world of Management Accounting.
Through beautiful, real-time visualizations, we help you see your business holistically. Instead of rows of static figures, you see trends, benchmarks, and future projections. It transforms your data from a retrospective history lesson into a forward-looking flight manual.
Even the best software has its limits. The podcast touched on a vital truth: software provides the what, but a human provides the why.
This is the core of our Virtual Finance Office and Fractional CFO services. We don't just hand you a pretty graph; we tell you the story behind it.
As Vangelis said, you can't really run a business unless you have your finger on the pulse.
Strong data is the pulse, but BTM Group CI is the expert who tells you what that heartbeat means for your future. Whether you are scaling through a bootstrap phase or preparing for investment, understanding your unit economics is the difference between a business that survives and one that thrives.