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. 

Finance Advice, SMEs The Finance People Finance Advice, SMEs The Finance People

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.

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Finance Advice Emily Cooper Finance Advice Emily Cooper

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.

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Hiring Advice Emily Cooper Hiring Advice Emily Cooper

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.

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Finance Advice Emily Cooper Finance Advice Emily Cooper

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.

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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.

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