Education

Area	Goal	Strategic Approach	Sample Application
Financial Strategy and Budgeting	Long-term financial planning	Goal-based budgeting, data-driven projections	Preparing investor presentations for a start-up
Cash Flow Management	Creating a healthy cash cycle	Optimizing collection processes, controlling expenses	Ensuring cash balance by scheduling supplier payments
Profitability Analysis	Increasing profit margins	Cost optimization, pricing strategies	Organizing a software firm’s pricing model by segments
Financing & Investment	To make maximum use of capital and incentives	Grant applications, investor relations	Financing R&D projects by taking advantage of government incentives
Risk Management	Ensuring financial stability	Managing market risks, creating crisis scenarios	Developing a hedging strategy against exchange rate fluctuations

 Financial Management and Planning in Finland: A Management Consulting Perspective

Management consultants of Finlit Partners take a data-driven and strategic approach to improve companies’ financial sustainability, optimize profitability, and develop long-term growth strategies. This process begins with analyzing the financial health of the company and continues with the establishment of the necessary financial structure for sustainable growth.

Financial Strategy and Budgeting

📍 Long-term financial planning is the cornerstone of company management in Finland.

✅ Financial goal setting: Setting short, medium and long-term financial goals.
✅ Establishment of budgeting systems: Creating income-expense balance, cost analysis and resource management.
✅ Financial projections: Data-driven analysis to predict the company’s future financial position against economic uncertainties.

🔹 Example:  When a start-up enters the growth phase, management consultants create detailed financial projections and budgeting processes to attract investors, making the company’s cash flow manageable.

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Cash Flow Management and Financial Efficiency

📍 Financial stability for companies in Finland is ensured by strong cash flow management.

✅ Payment and collection systems: Establishing efficient collection processes to avoid delays.
✅ Expense optimization: Identifying and reducing unnecessary costs of the company.
✅ Working capital management: Optimizing short-term financial plans.

🔹 Example: A large-scale manufacturing company, together with management consultants, optimizes supplier payments, strengthens cash flow and minimizes short-term financial risks.

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Profitability Analysis and Cost Control

📍 Profitability is not a side goal for Finnish firms, but a systematically managed process.

✅ Cost analysis: Profitability calculations on the basis of product, service or operation.
✅ Pricing strategies: Determining the optimal price level in competitive markets.
✅ Profitability management: Analysis of different sources of income and strategies to increase productivity.

🔹 Example: A software company analyzes its subscription-based revenue model through consultants and optimizes its pricing strategy based on customer segments.

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Financing and Investment Consultancy

📍 One of the most critical issues for SMEs and start-ups in Finland is access to the right financing options.

✅ Grant and incentive consultancy: Determining how to take advantage of financial incentives provided by the Finnish government and EU funds.
✅ Investment strategies: To increase the growth potential of the company with local and international investors.
✅ Debt and capital management: Assessing the company’s borrowing capacity and establishing the optimal capital structure.

🔹 Example: A technology start-up manages company valuation processes and creates the right financing model by taking consultancy to attract investors.

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Risk Management and Financial Resilience

📍 Companies in Finland practice proactive financial risk management against economic fluctuations.

✅ Management of foreign exchange and market risks.
✅ Insurance and financial protection strategies.
✅ Quick financial action plans in times of crisis.

🔹 Example: An exporting manufacturing company provides financial stability by developing hedging (currency risk management) strategies against fluctuations in exchange rates.

Implementation for SMEs in Turkey: Updated Work Plan

Phase	What is to be done?	Goal	Our Role
1. Changing the Financial Mindset (Finance Mindset)	Business owners and managers are provided with a strategic financial management perspective.	To enable them to think like CFOs, to encourage them to make decisions based on data, not intuitive.	To change financial decision-making processes by providing strategic financial management training to company owners and managers.
2. Financial Diagnosis and Situation Analysis (Finance Insight)	The financial situation of the company is analyzed, the income-expense balance is deduced.	Conducting a financial health check.	Analyzing the company’s balance sheet, cash flow and identifying its strengths and weaknesses.
3. Cash Management and Planning (Finance Pathway)	A financial roadmap is created according to the phase of the company.	Regulating cash flow and conducting financial planning.	Creating a financial strategy suitable for the company’s growth, maturity or adaptation stage.
4. Institutionalization of Processes and Digitalization     (Finance Struct)	ERP, digital finance tools and reporting systems are commissioned.	Making financial processes efficient.	Introducing the company to digital financial management tools and automating processes.
5. Strategic Finance Management and Preparing for the Future (Finance Edge)	ESG, risk management, and investor relations are covered.	To create a solid financial structure for the future.	To prepare SMEs with sustainable financial management and growth strategies.