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.
8 Top Tips for Minimising Business Risk
As an SME or startup, risk management is hugely important to the success of your business. With 60% of businesses going bust within the first three years, understanding how to manage and minimise risk will help you navigate upcoming challenges and make the right decisions to maximise business growth and development.
Risk Management Strategy 101: How to Be Prepared for the Worst
After the few years we've had, many SMEs like you will be wondering if they need to invest more into risk management. Indeed, it seems more pressing than ever to protect your business as much as you possibly can. To do so, you must be prepared for all the different types of business risk - and how you might tackle them if they were to arise.
9 Types of Business Risk You Need to Plan For
A business risk is an event or threat that could lead to a loss in profits or even complete failure of a company. Discover the 9 types of business risks your business should be prepared for.
The Rise in Energy Prices and How to Protect Your Business
How is the rise in energy prices impacting SME's? We explore the cost of living crisis and how to protect your business.
What do I need to create a business exit plan?
When you start exit planning, there’s certain documents and information you’ll need to pull together to make it happen efficiently and effectively. Find out what you need to get started on your business exit plan.
4 Reasons to Create an Exit Plan Right Now
When should you create an exit plan? The short answer, is now. But what’s the urgency? How important is an exit plan? Find out all these answers and more.
Starting a business? Here’s how to get cash flow right first time…
Whether this is your first rodeo as a business owner or whether you’ve got some experience but would like to improve this time round - here’s our top tips on getting cash flow right from the get- go.
The Importance of Cash Flow Forecasting
High profits do not necessarily equate to a lot of returned money. Substantial profits and successful cash flow should not be confused. With outsourcing costs, overheads, expenses and more – the profits quickly dwindle and the remaining cash in your business could be less than you think. Find out why cash flow trumps all.
5 Tell-Tale Signs You Need a Part-Time FD
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.
5 Avoidable Reasons SMEs Fail
50% of SMEs fail in the first year, and an additional 95% of small start-ups fail within the first five years. Discover the five avoidable reasons SMEs and how you can avoid making the same mistakes with your small business.
3 Cash Flow Warning Signs You Shouldn’t Ignore
Is your cash flow about to collapse? What are the warning signs you are heading for disaster? While cash flow crisis is not always predictable, there are some things that standout. Find out the three cash flow warning signs.
7 Top Tips for Hiring a Finance Director
What should you be looking for when hiring a Finance Director? Discover Anita’s 7 top tips for finding the perfect individual for your business.
How to Become a Data-Driven Business
Businesses today must be data-driven; all the top-performing organisations are. But you don’t need to be a global corporation to use data effectively to run your business. Find out how you can more become data-driven and the impact this can have.
How to Use Financial MI to Kickstart Business Growth
Most businesses make the mistake of not using financial management information early enough in their scaling journey. Learn from others and discover how to use financial management information to kickstart your business growth.
What is Management Information?
What is management information, who should be using it and what can be it used for? This is your Management Information 101 guide - in this we’ll explore the basics of management information and how to get started as a business owner.
8 Types of Financial Management Information You Should be Collecting
What financial management information should you be tracking? Where do you even begin? Our easy 8-point checklist makes it straight forward for you to start keeping tabs on your management information.