Monthly Archives: January, 2020

Do You Want More Money, Time and Control?

January 31st, 2020 Posted by Uncategorized 0 thoughts on “Do You Want More Money, Time and Control?”

Integrating a Finance Director, part-time, can provide you with affordable and cost-effective methods that will help navigate your business’ financial future whilst you prioritise other tasks to help your business grow. The insight provided by these professionals enables you to easily avoid common mistakes. By leaving the details to someone who specialises in them, leaders, such as yourself, can begin to feel like they do have enough time- which allows them to hone in on moving their business forward.

A part-time Finance Director makes it possible and practical for your company to take on the experience, knowledge, and skills provided by an FD for a fraction of the cost of a full-time FD.

When you integrate a Finance Director into your team, it ensures that you avoid unaffordable mistakes. The core skills of a Finance Director will become essential to the inner workings of your business, these professionals will bring you a level of flexibility and control that you thought to be impossible. Furthermore, they will undoubtedly deliver a clear vision for your company along with unparalleled expert advice on your financial strategy.

Delegation is key to achieving work/life balance. Delegation takes time to implement effectively but is an invaluable task in terms of aiding in the development of your senior leadership team. Delegation also allows you to ‘let go’ a little bit while still ensuring that your business will continue to run smoothly- a great CEO is one who sets conditions that will allow their business to run seamlessly, whether they are in the office or not.

Identifying or investing in individuals who are responsible for detail-oriented tasks is one way to begin the delegation process. Scale up your business and retain complete control by bringing an experienced and professional part-time Finance or Commercial Director on board.

Investment readiness is all about ensuring your business is truly ‘Investment Ready’ before you pitch to investors. This ultimately saves you time, money and energy. As an entrepreneur, when you step into this part of your growth process and begin to expose yourself to potential investor groups, it’s pivotal in ensuring your likelihood of success.

If you’re looking to raise investment for your business and would like a step-by-step guide to the process so it actually happens, we’re hosting an exclusive workshop with Spark! Consulting on 25th February to help you get ‘Investment Ready’ for the year.

There’ll be experienced Finance Directors in attendance, ready to answer all your questions regarding raising investment and to go through the step-by-step guide to the investment readiness process. For tickets and more info click here

We want to help your business be ready for investment and ‘pitch perfect’ when it comes to meeting potential investors.

This should equip you with some tips that will help give you more money, time and control in your business. If you’d like advice on any of the above, feel free to get in touch with us as we’re here to help move your business forward.

Moving Your Business Forward With A Finance Director

January 24th, 2020 Posted by Uncategorized 0 thoughts on “Moving Your Business Forward With A Finance Director”

As you approach the stage of business growth, Finance Directors become an indispensable asset in helping to move your business in the right direction.

Effective strategic planning, credible future forecasting, and recommendations on financing overall operations are something an FD can provide on a part-time basis. Unlocking the secret to success often lies in delegation –your team is an investment, not an expense.

Expanding while also capitalising on growth opportunities, is the key to sustained profitability. An FD can provide strategic advice and recommendations to your businesses Board of Directors and other key stakeholders, because it’s extremely valuable to have an outside and objective perspective on your business.

How do you know when it’s the right time to get a Finance Director? Well given that most SME businesses fail within their first year of business, any time is the right time. Investing in a team of professionals that have your company’s best interest at heart is invaluable to your businesses success.

The ‘perfect time’ though, would be when you have begun to consider expansion or have shifted your focus towards improving financial performance.

How you can sustain profitable growth by having a Finance Director?

Money drives business and historical reporting is only so useful. FDs play a critical role in future forecasting and providing in-depth analysis of balance sheets to ensure a profitable future for you and your business. Rather than reporting on the past financial health of your business, as an accountant does, an FD will impact on the future financial health of your business through strategic planning, commercial decision making, and implementing tighter financial controls.

If you’re looking to move your business forward, a part-time FD can help to do just that. Whether you view yourself in a position of financial distress or you simply want to improve in any areas, our trusted and seasoned finance professionals will provide you with the advice and skill sets needed to benefit your business.

If you want to understand more about how valuable a Part-Time Finance Director can be and how they have aid in moving your business forward, download our FD Guide here.

3 Ways To Maintain Profitable Growth For Your Business

January 22nd, 2020 Posted by Uncategorized 0 thoughts on “3 Ways To Maintain Profitable Growth For Your Business”

Moving Your Business Forward

1. Find New Growth Opportunities

No matter what type of company you are, growth is an essential element in keeping a competitive edge while also ensuring future progress. Always begin with identifying your growth opportunities, whether they are consumer based, market based, or even competition based. Create a clear definition and understanding of how different growth strategies can impact your particular business performance. These tasks will help provide you with a direct road-map towards success.

Another important element that becomes an indispensable asset during the stages of business growth is access to a Finance and/or Commercial Director. Having these types of directors devoted to your firm will not only help you move your business forward more seamlessly but it will also help highlight the most profitable and possible growth opportunities for your company. Their wide-spread knowledge of commercial experience, their innate instincts for strategic planning, their talent for unlocking untapped markets, and their steady dedication, will undoubtedly guide you towards sustainable expansion.

2. Be Innovative

Innovation makes it easier to grow, regardless of the size of your business. You might be a small startup, but if you innovate effectively, you can grow your business beyond measure. The same applies to a Fortune 500 company. You might be a huge corporation, but can take even more of the market share if you manage to innovate. It’s easy for innovative companies to grow. Businesses that innovate are able to scale up and add more employees. That allows them to take on more customers and grab a bigger share of the market.

The process of innovation involves finding new growth opportunities for your business. Today’s business environment is constantly changing and these changes are a reality that every business needs to implement innovation into their strategy. Always begin with identifying your growth opportunities, whether they are consumer based, market based, or even competition based. Create a clear definition and understanding of how different innovation strategies can impact your particular business performance. These tasks will help provide you with a direct road-map towards success.

3. Succession Planning

Thinking about the next steps in succession planning? Employee Ownership has been a great method for this. In general, companies that become employee-owned tend to have a steady positive change within their work environment; their workforce becomes re-energised and motivated, which allows for significant growth. Changes around the restructuring of your business aren’t always smooth sailing, but they do have a high impact on improved business performance.

John Lewis Partnerships is the largest employee-owned company in the UK. In the challenging world of retail, the Employee Ownership structure allows the company to plan for the long term. John Lewis’ EO structure highlights the benefits of shared knowledge, power, and profit between employees, which has helped shape the company’s well-renowned culture and encouraged the happiness of its members.

Employee Ownership inspires your employees to get further involved in the company’s vision, as well as its governance. It engages them on a deeper level and motivates them towards reaching the company’s goals.

If you think you may benefit from some guidance in executing these tactics, don’t hesitate to get in touch! We are here to help you move your business forward in the most efficient fashion.

How To Set Your Goals For 2020

January 17th, 2020 Posted by Uncategorized 0 thoughts on “How To Set Your Goals For 2020”

Have you noticed that there are some entrepreneurs who just seem to get it right? Everything they touch seems to turn to gold and they seem to be successful with everything. For the majority of successful people, it’s as simple as this: They write down their goals and stick to them. They have a plan.

So if you haven’t tackled your business goals for the new year, we’re offering some general suggestions to help you get started. These are only recommendations, because in order for goals to truly work, they have to be your own.

Always Be Thinking About Growth

Growth planning can be a stressful and complicated process. Whether you’re a young entrepreneur just starting up or the owner of a well established business, growth planning should be on your mind. Growth is an important part of any business and it’s important to remain competitive and to ensure progress and profits follow. It’s all about identifying your growth opportunities, whether it’s your consumer base, new markets or your competition.

You should be constantly thinking about discovering where your next growth opportunity will come from. From finances and planning to operations and handling suppliers, you can face many challenges to grow your business and move it forward. Therefore it’s crucial to keep growth on the agenda

Get The Right Team Around You

Your employees have direct contact with your customers, so you need to hire people who are motivated and inspired by your business’ value proposition. If your business has future objectives aligned with your employees, you can achieve your goals a lot quicker. Employees appreciate a stronger feeling of teamwork and are less likely to leave the business. Aligning employees with the objectives of the business makes them feel an essential part of the environment.
Developing trust and loyalty with your employees is an absolute must. This will encourage a motivated workforce, employee retention and a healthier work environment. Want to know the secret of creating the perfect team? Combining people who don’t think, act and express themselves in the same way can help your business grow to the next level.

Be Investment Ready

Have you been thinking about raising investment this year? We’re collaborating with Spark! Consulting Ltd on Wednesday 22nd January to help you become ‘Investment Ready’ and provide you with a step-by-step guide to the process. We want to help your business be ready for investment this year and ‘pitch perfect’ when it comes to meeting potential investors.

This session gives you a clear understanding of what investors are looking for and the opportunity to speak with the most experienced Finance and Commercial Directors.

For tickets and more information, click here 

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