Business Strategy Archives

Accelerating Growth: Proven Tactics for UK SMEs to Supercharge Success

April 11, 2024 / Accounting & Bookkeeping, Business Strategy, Uncategorized

Uncovering the Secrets of Rapid Growth for Small Businesses For hard-charging UK small business leaders intent on reaching the next level fast, implementing the right mix of strategies is crucial. As your firm evolves from an ambitious start-up to an established organisation, fresh challenges arise that require new ways of operating. The tactics that brought […]

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Empowering Your Business through Accurate Financial Data: Best Practices for Management Accounts

September 22, 2023 / Accounting & Bookkeeping, Business Planning, Business Strategy, Uncategorized

In this blog post, we’ll offer our best practices for creating reliable management accounts that can empower your business.

By analysing key financial data, such as profit and loss statements and balance sheets, management accounts allow businesses to identify areas for improvement and allocate resources effectively.

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How to Prepare for the Investment Process

May 5, 2023 / Accounting & Bookkeeping, Business Planning, Business Strategy

Taking investment is probably one of the most significant steps in any business owners journey – it’s a huge decision to take someone else’s money to help grow and in turn offer them a stake in your business. Seeking investment is a process that requires a bit of consideration and planning before diving in –

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How to recognise and mitigate business risk

April 25, 2023 / Business Planning, Business Strategy, News, Uncategorized

This year we’ve seen big changes in several banking institutions, a volatile stock market and consistent interest rate rises from the Bank of England. In these uncertain economic times, we believe it’s more important than ever for businesses to plan ahead financially and be aware of risk. As we all know, the business world is

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Chief Accounting Officer Vs CFO

March 22, 2023 / Accounting & Bookkeeping, Business Strategy, Uncategorized

The Chief Accounting Officer (CAO) and the Chief Financial Officer (CFO) are two key roles in any company. Although both of these positions hold great responsibility for a firm’s financial health, there are important differences between them. This article will explore those differences to help you determine which role is right for your organisation. It

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What Is A Chief Financial Officer: A Day In The Life

March 20, 2023 / Business Planning, Business Strategy, Uncategorized

Working as a Chief Financial Officer (CFO) is an exciting, rewarding opportunity to lead a company’s financial operations, have a major impact on the future of the business, and implement real change. Whether an internal appointment or outsourced CFO services, the CFO is responsible for overseeing the financial activities of an organisation, including budgeting, forecasting,

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Head Of Finance Or Finance Manager: Which Is Best For My Business?

March 16, 2023 / Business Planning, Business Strategy, Uncategorized

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

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International Womens Day 2023: A celebration of female entrepreneurship

March 8, 2023 / Business Strategy, News, Uncategorized

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

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Why should tech companies outsource their CFO and other finance functions

February 13, 2023 / Business Strategy, News, Uncategorized

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

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CFO vs Accountant, What Does Your Business Need?

December 5, 2022 / Accounting & Bookkeeping, Business Planning, Business Strategy, News

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

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Business Growth Strategies For Start-Up Businesses

November 28, 2022 / Business Planning, Business Strategy, News

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

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