Real Estate Investor June 2022 | Page 86

PROPERTY DEVELOPMENT
under pressure . This highlighted the importance of balance sheet strength and brought about a renewed appreciation of the role a strong balance sheet ( and cash flow ) plays in a business ’ s resilience .
Robust balance sheets that include a cash buffer increase a business ’ s adaptability . Having the right financial , accounting , and business systems enable a company to make decisions quickly when needed . The strength of a business ’ s balance sheet and financial processes creates its foundation for adaptability , problem solving and excellence , and plays a pivotal role in maintaining good relationships .
For Atterbury , our improved systems include enhanced accounting and reporting systems for quick access to information ,
86 JUNE 2022 SA Real Estate Investor Magazine