A business’s financial structure is a matter for that specific organisation, and no two businesses will operate their financial teams in exactly the same way. Nonetheless, there is a standard structure that many will follow: a CFO (Chief Financial Officer), a vice president, one or more accountants, and a budget analyst. Whether the firm in […]
Where does a CFO fit into a business’s financial structure? Read More »
No matter how proudly independent you are in coordinating your business’s direction and growth, there will almost certainly be times when you feel the need to seek the advice of someone else – potentially someone completely outside of your company. Even the most successful companies seek out external individuals to give them help and advice
What stage in your business should you invest in a business growth advisor? Read More »
Whether you are at the helm of a start-up looking to grow, or a much bigger organisation seeking ways to optimise current operations, you should never underestimate the power of the right business growth strategies. After all, if there’s one thing that can be said about business, it’s that business is always evolving. There’s always
How to develop a business growth strategy Read More »
When many of us think of the subject of accounting and the question of what exactly it is, our understanding might be limited to just number-crunching and book-balancing. Unless we are an active participant in this career as an accountant, or we have worked closely with accountancy professionals in the past, most of us are
3 frequent misconceptions about accounting Read More »
Owning a small business comes with as many perks as it does challenges. However, one of those challenges will unquestionably always be the management of your business’s finite financial resources. Money is a major concern when sustaining a business, and monthly budgets may leave you with very little wiggle room for emergencies. So, how can
5 money saving tips for small business owners Read More »
Growing your business can be an exciting and challenging time, as you work towards the goal of higher revenue, increased profits, and booming sales. However, after the initial spurt of growth, some businesses might see their upwards trajectory begin to stagnate. So, what can you do to restimulate business growth once it has plateaued? Let
What to do if your business growth stabilises Read More »
Financial operations lie at the heart of any business, whether a small family-owned company or a large conglomerate. But finance becomes especially significant when trying to get a small business off the ground: if you’re not careful with the management of your expenses, you might run into debt and trouble. It’s an easy assumption that
Why small businesses should consider outsourcing finance Read More »
Let’s be honest with ourselves: in recent times, there hasn’t been a huge amount of positivity around business prospects, whether here in the UK or in most other countries. And with the emergence of the much-talked-about Omicron variant of the COVID-19 virus, many people are asking whether we could soon be reversing to much bleaker
Why is 2022 the year to start a business? Read More »
The question of how far in advance you should be planning various aspects of your firm’s operations is a really interesting one right now. The UK business world, for example, has now passed through some five years of Brexit uncertainty – and that particular story is far from over yet – to say nothing of
How far ahead should you plan your business activity? Read More »
Practical CFO Director, Matt Topham, gives his summary of the future of tax for 2021, plus a few predictions to prepare for.
The future of tax: Business planning for 2021 Read More »
A CFO can make a big difference to businesses looking to grow, find investment, or even sell.
How an outsourced CFO can help your business succeed Read More »