45. The qualities of an outstanding FD

“What does an outstanding FD look like and do you need one?” All too often Finance Directors (FD or CFO), particularly in SME businesses, act more like “heavy” bookkeepers or management accountants rather than being a true member of the senior management team providing input to strategy and driving the business plan through in partnership […]

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52. 5 Questions You Simply Must Ask When Hiring A CFO

When you are looking to tighten the financial aspects of your business it is always best to look for a quality Chief Financial Officer, or “CFO”. A person in this position must have particular qualities and you should have a certain vibe when you meet them. Otherwise you will find that the working relationship is […]

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51. To Employ or Contract Out?

Recruiting and maintaining staff can be one of the most expensive costs for your business. It isn’t just the wages that you need to consider when hiring staff. Making the wrong hiring decision can be disastrous. Therefore, it is important that you consider the hidden or forgotten costs of employing new staff. It is especially […]

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40. I have an Accountant – why do I need an FD?

I am regularly asked why a business should have a finance director when the business owner already has an accountant who completes his/her annual report and accounts? The answer is that they perform very different roles. As a keen archer, I use the analogy of receiving a report of your scores at the end of […]

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20. Sometimes it pays to be disruptive

21st century businesses are operating in an environment never before seen by SMEs. Globalisation, the speed at which technology is changing, and the empowerment of customers are all factors which have made modern business arguably more competitive than ever before. These are not problems exclusive to large firms; SMEs are also affected. SMEs can however […]

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17. Getting the most from your accountant – The Sequel

In our article ‘Getting the most from your accountant’ we touched on 5 ways that, as a business owner, you could improve the relationship with your accountant. The ultimate goal being to see your accountant as an investment in the growth and development of your business. As part of our ongoing commitment to building valuable, […]

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16. Managing your banking relationship – The Sequel

With yet another banking mis-selling scandal hitting the headlines shortly before Christmas last year, the title of our related article ‘Can you bank on your relationship manager?’ now seems more appropriate than we could ever have envisaged. The link is made with tongue firmly in cheek of course; many bank managers are keen to support […]

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