We provide virtual Finance Director services to help boost a business’ ability to grow profitability and build real long-term value in the company.
We focus on long-term planning and executing broad, all-encompassing growth, using our commercial and industry knowledge to provide clear strategic direction, and quantifying exactly where a business currently is and what needs to be done to reach its goals.
By going beyond the numbers and utilising over 30 years of qualified expertise, our business knowledge and acumen allows us to really focus on the aspirations of the owner or management team.
“We are focused on creating a better future for our clients and their shareholders”
We split our offering into Strategic and operational activities, whilst maintaining a positive mindset of prioritising the needs of the client.
Strategic business plans – we not only create Business plans for our clients but we help with the execution of the strategies through our operational team. Our thorough approach to Business plans ensure we align the Sales, Marketing, Recruitment and Financial strategies together to ensure the approach towards business growth is holistic and that we generate ideas on how to drive the business forward. These plans are essential in creating direction for the business, but also for support in creation of pitch decks for potential investment or when applying for Government financial support. We constantly review and update these plans as a key part of our FD service to ensure we maintain a strong relationship with the client where we act as a valued part of their virtual boardroom.
Financial modelling – creation of cash flow forecasts are essential to create a thorough business plan but also to help with benchmarking progress against the business ambition. We take an idea from our client and turn it into a reality. We use the cash flow forecasts to help with investment decisions to further growth and also to identify ways that incremental gains can be implemented to improve the profitability of the business.
Operational efficiencies – we help to simplify strategies and to create focus for business owners on the activities that they should be engaging in to maximise value and profitability. These activities include client ranking, which is a crucial factor to create a Target Customer. We look to analyse the current client base to assess potential upselling growth opportunities and help with tailoring your brand messaging to promote these opportunities. Furthermore, we assess the Life Time Value and Customer Acquisition Cost as a key part of aligning the Marketing strategy with the proposed growth. Our experience of over 30 years in business, means that we are able to relay previous experiences to our clients to find efficiencies within the business that we know work.
Expert tax advice – we have vast experience in dealing with Government schemes and tax incentives and can easily identify the best opportunities to focus on with our customers. Using our Operations team, we are able to implement these tax incentives as well as strategically setting up the business to maximise these benefits.
A virtual financial director is ideal for smaller sized companies that are looking for strategic advice, guidance and insight but do not have the capacity or budget for a full time role. Our services can range from as little as 1-2 hours per month to a more involved role within the business as it grows.
A financial director is important to a small business because they provide strategic financial guidance and support to the company. We can provide valuable insights and expertise to the small business on a range of financial issues, such as tax planning, investment opportunities, and risk management. This can help the business to identify and capitalise on opportunities, and to avoid or mitigate potential risks.
Overall, a financial director can be an invaluable asset to a small business, providing guidance and support on a wide range of financial issues and helping the business to grow and succeed.
The main difference between a financial director and an accountant is the scope of their responsibilities and the level at which they operate within a company. Financial directors are typically responsible for high-level financial strategy and decision-making, while accountants focus on more specialised tasks related to financial record-keeping and analysis.
Depending on the size and scale of your business, our Virtual CFO services can start from £1000 +VAT per month and we typically find the most success working with clients over a minimum of 1-2 years. Like lots of other business functions, the impact of a virtual FD will be a longer term investment, but the strategic benefit and value of the business will far exceed the ROI in that time.
