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.
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.
What Should You Look for in a Fractional CFO?
A fractional CFO offers the same expertise and services as a full-time CFO but on a part-time or project basis, making it a cost-effective solution for businesses that don't require or can't afford a full-time executive. But what exactly should you look for when considering a fractional CFO for your business? Let’s find out.
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.
5 Hiring Mistakes to Ditch in 2024
Many businesses fall into the trap of outdated hiring practices, especially when it comes to securing top-tier financial leadership. This year, it's time to reevaluate and ditch these five common hiring mistakes.
5 Tell-Tale Signs You Need a Fractional CFO
For many smaller businesses, hiring an expert Financial Director (FD) can seem out of reach. Many view FDs as being out of budget, particularly if they have the level of experience desired. However, the part-time FD model is alive and thriving. Discover the signs you should hire a part-time FD.