It begins innocently enough. You’re a director of an SME and you receive an email explaining that, under new legislation, you must verify your identity with Companies House. It sounds straightforward. Two steps: A login. Possibly a photograph. “No big deal, I’ll sort that later,” you think, sensibly prioritising revenue, staff issues, and suppliers who […]

Every business owner has encountered one at some point along their journey – perhaps even employed one. They’re loyal, deeply knowledgeable about the business, and possess an impressive ability to remember what the bank balance was on the third Tuesday of March in 2017. They’re faintly suspicious of anything described as ‘cloud-based’, print off emails […]

In today’s data-driven world, management information (MI) is no longer a nice-to-have; it is a must-have. It is the lifeblood of any organisation, providing crucial insights that should drive your decision-making and strategic planning. We all have to prepare annual accounts; but this information will be largely ancient history by the time it is completed, […]

These are what we see as the 4 key benefits of having a fractional FD/CFO rather than a full-time permanent member of staff: Expertise – you will get someone who is not only a highly qualified finance expert, but someone who has a wealth of experience garnered from working in many businesses probably going through […]

In our previous 2 articles we looked at: Pricing vs. Charging: What’s the Difference? The 5 Gotchas of Discounting Discounting certainly has its place. But make sure you are clear just why you are doing it. Here are some examples of how discounts can be used to achieve different business goals: Clear inventory If you have […]

Pricing and charging are two terms that are often used interchangeably, but there is a subtle difference between the two. Pricing is the process of determining the value of a product or service, while charging is the act of collecting payment for that product or service. Pricing is a strategic decision that should be made […]

It seems that a lot of business owners try and do everything themselves – even the stuff that they are not really that good at. Doing this simple exercise may be the single best way to get you to take some tough decisions which will really benefit your business – and end up outsourcing some […]

Selling your business is a complex and emotional process. But it can also be a rewarding one. By following these 9 Dos and 5 Don’ts, you will increase your chances of selling your business for top money … and on your terms. Dos Start early – selling your business takes time and you need to […]

Hiring a part-time Finance Director (FD) can be a great way to save money on your business finances. However, there are a number of things you can do instead of hiring a part-time FD that will save you even more money and give you more control over your finances. Here are 5 things you can […]

A part-time finance director (FD) can be a great asset to your business. They can provide you with the financial expertise and support you need to grow your business and help you to achieve your financial goals. However, to get the most out of your part-time FD, you need to be clear about your expectations […]