Running a business in today’s economy can be challenging and complex, and the financial decisions you make can mean the difference between success – and a company that grows, thrives, and evolves – and the very real risk of failure. Knowing which finance role to choose for your business is essential, and can have a …
Head Of Finance Or Finance Manager: Which Is Best For My Business? Read More »
Last year, female entrepreneurship grew significantly with women starting up more businesses than ever before and yet, there are only 2000 female entrepreneurs in the UK that have raised over £1M of VC funding. Out of these 2000 female entrepreneurs is Sarah Bolt of Forth. Forth is an award-winning digital health business who are leading …
International Womens Day 2023: A celebration of female entrepreneurship Read More »
Software as a Service (SaaS) and technology businesses require heavy investment and the ability to scale. Having an outsourced Chief Financial Officer (CFO) or finance function will help to properly support the metrics needed to present to potential investors, and once you get investment, your business can begin to scale. “In the early days of …
Why should tech companies outsource their CFO and other finance functions Read More »
Many entrepreneurs opt to personally fulfil their own company’s accountancy responsibilities. This is often in a bid to prevent sensitive financial information from slipping into the wrong hands or simply to preserve complete control. However, if you are currently taking this DIY accounting approach for a small business you are running, you could find that …
CFO vs Accountant, What Does Your Business Need? Read More »
Citing 2021 U.S. Bureau of Labor Statistics data, Investopedia reports that about 20% of new businesses fail within two years of opening. Meanwhile, 45% fail during the first five years, and 65% don’t make it to their tenth year. Just 25% of new businesses last at least 15 years. How can you increase your start-up’s …
Business Growth Strategies For Start-Up Businesses Read More »
A key element of a successful business is understanding the best ways that your business can grow, evolve, and develop – and this includes understanding the basics of growth strategies. The most common way to think about growth strategies is in terms of how you will increase sales or revenue. This is often referred to …
Which Growth Strategies Will Work For My Business? Read More »
Identifying opportunities for growth and development is a crucial element of running a successful business, and taking things to the next level. In practice, however, this can be easier said than done; being able to spot opportunities for growth is a skill, and one that needs to be honed and practised over time. Fortunately for …
How To Identify Growth Opportunities In Business Read More »
Key performance indicators, or KPIs, are an important element of any business, and can help you take your business to the next level. Understanding how to develop KPIs for your business can be tricky, especially if this is the first time you have used them to improve your company and focus your goals. To help, …
When it comes to running an effective business, there is one character who will be absolutely essential to that business’s day-to-day success: the finance director. But what if you wish to become a finance director yourself? If you have a sharp mind, good analytical skills, and great attention to detail, then this could be the …
Both CFOs and Finance Directors work to ensure that a company is running smoothly, and as their titles suggest, they take care of financial responsibilities. But just what are their roles in a business, and which do you need for your organisation? We took a closer look to ensure that you have all the information …
A finance director (FD), sometimes known as a finance director consultant, is responsible for managing the financial affairs of a company. They ensure that the company has enough funds to meet its obligations, and they also monitor the company’s cash flow. Financial directors are usually involved in budgeting, forecasting, controlling costs, and ensuring profitability. Their …