Do You Want The
Proven Financial Skills and Advice
Available To Big Businesses
At A Fraction Of The Cost?

Are you unhappy with the way your relationship is working with your current accountants?

Do you feel that you need a more proactive or better service than they seem to be able to provide?

Are you making these common finance mistakes that could be costing you a fortune in lost profits?

If you have a growing business but you are not yet able to justify the cost of recruiting your own internal qualified accountant or Finance Director but you need more financial support and advice than you are getting from your firm of traditional accountants, we have just the solution for you.

There are a growing number of qualified accountants with years of senior management experience in big companies who now work on a self employed basis helping a small number of small businesses control and improve their business finances.

To help distinguish this special service, these accountants are often called Part Time Finance Directors or Virtual Finance Directors but those phrases don't really explain what they are or what they do.

Each will bring many years of experience of working in companies and a focused attention on profit and cash that you probably haven't experienced before.

And the best bit?

Pareto's 80/20 rule says that invariably 20% of someone's efforts produces 80% of their results.

You may only need somebody for a few days a month.

Having an experienced Finance Director take a regular good, hard look at your business and be available for discussions when you face issues that have significant financial consequences (good and bad) will make a major difference to your business.

And because you are only paying for a small part of their time, you have these skills that big businesses have benefited from for years available to you at a fraction of the normal cost.

Do you need these services?

1. A good, clear indication of how your business is performing on a regular basis?
2. The information communicated to you in a way that you can understand and get true meaning and value from it?
3. Commercial issues to be highlighted in good, plain, simple English without any unnecessary financial jargon and a clear explanation of the future consequences?
4. Financial and business advice on how to correct any problems together with suggestions and ideas on how to exploit any opportunities?
5. Management input from someone who will always focus on the short and long term profit and cash impacts of any potential decisions you are considering?
6. A business plan and strategy that outlines your future actions and shows the expected future financial consequences?
7. Help managing your cash that can range from improving your credit control to forecasting your future cash requirements and helping you to raise additional finance from banks or other sources?

Managing a growing business isn't easy but it is made easier by having the right finance partner to help make sure that your business is making the right steps to a profitable future.

Our virtual finance director service is the best way to bridge the gap between the time when your business was very small and only needed limited support from your accountant and the time when it's big enough to justify employing full time your own financial team.

The Difference Between Accounting and Financial Management

Many smaller businesses don't appreciate the key differences between accounting and financial management until they experience it for themselves.

Put simply, your internal (or external) accountant keeps the books and records of the company and is responsible for transaction processing and the reporting of those transactions.

By its very nature, the role is mainly backward looking as it focuses on the recording and reporting of past events.

Your financial director has a forward looking financial management role where the primary concern is the future financial health of your company.

This is about changing the future to one where your business can thrive and prosper. It's a proactive wealth creation role that involves making sure that the right commercial and financial decisions are made at the right time for the right reasons.

While different people on the Finance Directors register may work in slightly different ways, have a read of the pages describing our monthly financial review, decision support and strategic business planning services.

For more guidance on how to find one of these special types of accountants see our webpage like a part time FD.

If you've already decided that it's time to stop driving by looking through the rear view mirror then see our register of Finance Directors and make contact with several. I'm confident you will be impressed.

Last updated 2007-07-07