Resources for business owners
Discover leading insights from our fractional CFOs and finance experts at The Finance People. Use this advice to enhance your strategy, overcome common financial challenges within SMEs, or to better understand key areas of finance for business.
How SMEs Can Leverage Fractional CFO Services for Growth
Learn how to unlock the potential of your SME with Fractional CFO services and benefit from expert financial guidance, cost savings, flexibility and strategic insights that can drive growth without the commitment of a full-time hire.
The Common Finance Mistakes SME Owners Make and How a CFO Can Help
Learn how to identify and avoid the most common financial mistakes business owners make. From budgeting and taxes to cash flow management, gain some insight into how you can strategically improve your businesses financial health, and how a Fractional CFO can navigate this with you to secure the future of your business.
Does My Startup Need a Fractional CFO?
Hiring a full-time CFO or even a Finance Manager/Financial Controller is a costly expense and one that is lower down the priority list when it comes to outsourcing. However, a fractional CFO could offer a middle ground solution.
You may be wondering - does my startup need a fractional CFO? Let’s dive in and find out.
8 Finance-Related Problems SMEs Face
Small and medium-sized enterprises (SMEs) are the backbone of many economies around the world. However, managing the finances of an SME can be challenging, fraught with hurdles that can impact their growth and sustainability. Explore 8 common finance-related problems that SME owners often encounter, how to better prepare and overcome them.
What Finance Role Do I Need in My Business?
The array of titles—CFO, fractional CFO, finance manager, financial controller—can be confusing. In this blog, we'll demystify these roles and guide you towards identifying the right finance expert for your business.
Is Your Business Ready for a Fractional CFO?
For SMEs that cannot afford a full-time CFO at the level they require, the fractional CFO model presents an excellent way to make that crucial step forward. Despite not adhering to the standard Monday-Friday, 9-5 schedule, the fractional CFO delivers high-level financial strategy, systems analysis, and operational insights on a part-time or contractual basis.
3 Signs You've Got the Wrong CFO
For small and medium-sized enterprises (SMEs), the role of a Finance Director (FD) is pivotal. The right Finance Director can steer your company towards growth and stability, but the wrong choice can lead to setbacks and missed opportunities. Recognising the signs of a mismatch is crucial for business owners. This blog explores three key indicators that might suggest your current Finance Director may not be the right fit for your business's unique needs.
How Much Does a Fractional CFO Cost?
SMEs are constantly having to adapt and navigate challenges to achieve growth. However, the high cost of hiring a full-time Chief Financial Officer (CFO), otherwise known as a Finance Director (FD) can be a daunting expense. Enter the solution that's gaining traction among astute business owners: the fractional CFO.