Increasingly, the virtual finance director is being used by owners of small and medium sized businesses to provide the solution to their financial issues. A virtual finance director with big company experience can provide analysis, advice and positive intervention when it’s required, at a fraction of the cost of an in-house finance director. There is no full time fixed costs, no ongoing liabilities, just proactive advice, perceptive insight and hands-on support as and when it’s needed.
Financial solutions can include:
- Obtaining the best deals on financing;
- Accessing funds and getting the bank on side;
- Best practice cash management – forecasting and managing cash flow for growth or survival;
- Planning business and financial strategy for success;
- Analysing business performance, highlighting areas to improve;
- Taking ownership of, directing and managing the finance function;
- Introducing new systems across the business;
- Secure a business’s future, turnaround, downsizing and recovery;
- Planning and completing acquisitions;
- Planning and delivering an exit strategy
When you are under pressure, a virtual FD can handle the financial issues leaving you free to concentrate on your core business.