“I don’t have enough time to do all this!”
You have a business you’re proud of.
You’ve worked hard to get it to where it is. But you never seem to have any time to work on the strategy needed to keep growing your business.
Instead you’re fighting fires, managing staff, dealing with customers, trying to win new business; all the while trying to make sense of your finances!
You know you need someone on board to drive your business forward, but you aren’t sure which financial systems to put in place and how to grow a team you can rely on.
a Virtual Finance Director
Don’t let the word ‘virtual’ put you off, I’ll be at the end of a phone or an email and we’ll see each other on a monthly basis.
You’ll hand responsibility of managing your finance function to me. I become a combination of a sounding board, business coach, and strategic financial expert partnering up with you to help you achieve your business objectives.
It’s far more cost effective than spending £100k+ on a full time Financial Director and it’s flexible. You can increase or decrease your package depending on the needs in your business.
Here’s the topline
As your Virtual Financial Director, I can help you to…
Make Beneficial Decisions
Synchronisation of your financial data with your business objectives ensures you receive useful management information to help you make better decisions.
Get Timely Analysis
Provision of real time management information with analysis in a timely manner.
Find Helpful Advice
Strategic financial input on growing your business.
Support Your Team
Having your finance staff report to someone who can hold them to account.
Save You Money
An efficiently run finance system using the latest tech to save you money.
Grow Your Business
Assistance with helping you obtain finance to grow your business.
Increase Your Profits
Helping you to build a profitable and sustainable business.
Manage Your Risk
Managing financial risk in your business that may otherwise catch you unawares.
Your package options in detail
Aside from the essential things you need to be compliant (your typical ‘accountant-y’ stuff), I can provide you with the following.
Dedicated Financial Director Contact
Me! At the end of a phone, Zoom, or email. Read more about me here.
Overview and support to your internal finance staff
Health check on existing finance function systems & processes
Inefficiencies cost money. I’ll find them and help you fix them.
Full management reporting
Creating real time management reports is crucial in helping you to make better business decisions. I’ll make sure you get them regularly along with my analysis to help make sense of the numbers.
Unlimited email and telephone support
Implement suggestions from review to generate efficiencies
Cost control: Expense monitoring, analysis and advice
It is important to keep a handle on costs & cost anomalies. I’ll put processes in place to keep everything in check.
Credit control review and improvement
What-if analysis and financial projections to aid decision making
Cash flow forecasting set up and monitoring
Review of industry specific apps and implementation
Dashboard to track relevant financial and non-financial KPI’s
Having a dashboard with your financial and non-financial KPIs will help you and your team track progress and achieve your goals.
Strategic planning to set goals and monitoring
Monthly accountability programme and support
Raising finance and investor reporting
Exit strategy development and formulation
Non-exec Financial Director role assumed for third party credibility
If you are accountable to other shareholders or investors, or have taken on risk finance, you may be required to have a non exec Financial Director on board. I’m happy to perform that role for no extra cost within this package, to give you the credibility required and reassure your financiers.
Often less than the hire of a junior member of your team.
The price of this service is fully deductible for tax purposes, which means that HMRC will refund you a portion of this cost subject to the rate of corporation tax you pay. Also note that there is no employer’s national insurance as there would be for an employed FD (saving 13.8%).
Monthly payment of my fees make it easier for you to budget.
The Next Step? Book a Call.
If you’re looking for a long-term accountant, with experience of working with businesses of all sizes, then book a call for an informal chat.