Technical expertise to take your business to the next level
What could a fractional CFO bring to your business?
Strategic planning
Know where you’d like to be, but not sure how to get there? A fractional CFO can turn your vision into reality by:
· Appraising your current strategic position
· Helping you define your strategic objectives
· Turning those objectives into realistic plans of action
· Using bespoke KPIs to measure your progress
Performance management
To successfully grow your business, it’s vital to understand what you’re doing well and where you can improve. A fractional CFO can optimise performance by:
· Developing appropriate performance metrics
· Designing dashboards and management reports
· Measuring and reporting on business performance
· Identifying areas for improvement
Budgeting and cash flow forecasting
Many growing business struggle to implement a professional budgeting process. A fractional CFO can help you:
· Develop a budget that’s appropriate for your firm
· Hit your targets and achieve your objectives
· Stay in control of your cash position
· Plan for the medium- and long-term future
Exit planning
If you’re thinking of selling your business, consider engaging a fractional CFO to help secure the best possible price. An experienced professional can support you by:
Optimising your business for sale
Resolving any outstanding tax or compliance issues
Identifying possible buyers
Supporting you through the due diligence process
Change management
Organisational change can be a real drain on resources. Managers may feel that, by giving a new initiative the attention it deserves, they are neglecting the day-to-day running of their business. A fractional CFO can take some of the strain by project managing initiatives such as:
· Business reorganisations
· Mergers and acquisitions
· Systems implementations