Circular Economy

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The term circular economy is not new, and there is some debate as to who came up with the original concept. As with many ideas of its kind, the concept likely evolved … Read More

Problem Solving – Global Shipping Crisis

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The global shipping crisis presents an unpredictable variable overhead for many businesses. With shipping costs increasing daily and the availability of stock remaining uncertain, fixing delivery costs and timeframes are … Read More

Managing Uncertainty – How to Promote Financial Stability

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The business world has begun to return to normal operations. However, the full impact of the past 18 months is still to be seen. At present, the financial sector is … Read More

Accessibility – Is Your Business Genuinely Accessible?

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There are so many considerations for businesses in the 21st century. We strive to make ourselves more agile, lean, sustainable, and accessible, and not least of all profitable! However, many … Read More

Maturity Mapping

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A useful process for assessing the state and efficacy of an aspect of your business is to create a maturity map. This helps you to understand how you are addressing … Read More

Mental Health at Work – Here’s How You Can Help

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In this article, we explore how to promote good mental health at work. Mental health is a complex issue brought to the forefront in recent months. Yet, it is a … Read More

Business Finance Options

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Many SMEs have needed to utilise finance options over the last year and a half to survive the challenges that the pandemic has presented. Nevertheless, finance can be a solution to support … Read More

The Value of a CFO – It’s All About What You Know

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Some roles within the C-suite need to evolve faster than others, such as the role of the CFO. There have been countless examples of this in recent years. Your CFO … Read More

Business Management Predictions for 2021

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In this article, we are looking at business management predictions for the coming year. There are a few keywords and phrases that have come to the forefront in the past … Read More

Can You Talk the Talk?

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Technology has revolutionised the way we communicate. From emails to messenger apps, and the whole plethora of project management tools available to facilitate communication and networking. However, is it always … Read More

Communication Works For Those Who Work At It

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We all seem to be living from day to day, both in our personal and business lives. Each day brings a new challenge and our ability to adapt so far … Read More

Professional Financial Support for Your Business

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Professional financial support for your business can mean the difference between success and failure. It is however an area of business management that many organisations attempt to navigate alone. While … Read More

IR35: Off-Payroll Working Rules Explained

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Introduction – Are You Sitting Comfortably? Referring to IR35 makes most people wince. It is the name of the off-payroll working rules for clients, workers (contractors) and their intermediaries or … Read More

Banking Trends and Innovations

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IT has totally revolutionised banking almost entirely to the benefit of the consumer. In this article we explore current banking trends and innovations that you need to be aware of. … Read More

The Greta Effect? (Environmental Business Ethics)

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In this article we explore some of the innovations leading the way in environmental business ethics. Environmental management is not a new concept, in fact the first standard was published … Read More

Structuring Share Options for Employees

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Employee loyalty can be hard to foster. In today’s business world employers may consider a variety of methods to encourage their staff to demonstrate dedication and reliability. This may include … Read More

Anniversary Special – What Makes A Successful CFO?

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Every October WrightCFO celebrates its anniversary. To mark the occasion this year we have undertaken an interview with company founder and owner Sophie Wright to explore what makes a successful CFO. … Read More

Pitching to An Investor

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Proverbs say that first impressions are the most lasting and, while contrasting quotes tell us that first impressions can be unreliable, one encounter may be all you get when it … Read More

Free Resources (Adult Education and CPD)

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This month we have been looking at options for adult education and continuous professional development (CPD). If you missed the first blog or our Newsletter you can view them now … Read More

Back to School Already? (Adult Education)

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For many of us September is dominated by the children going back to school. It impacts on us all in some way, from changing schools, to organising uniforms, to remembering … Read More

The Future of Finance

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During recent years several significant industry giants have commented on the future of finance, including KPMG. In 2010 their Future of Finance report made predictions for 2020 commenting on the … Read More

London Fintech Week 2019 In Retrospect

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Last month over 2000 attendees came together to listen to leading speakers from around the globe at London Fintech Week 2019. This year’s Key Note Speaker, Lord Anthony St John, … Read More

Spotlight on Independent Retailer Month

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July is independent retailer month, a campaign that runs each year in July to ” highlight the important role smaller, local, independent retailers play in the communities they serve, the … Read More

The Future of Money & Financial Technology – Fintech 2019

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July signals the annual London Fintech Week conference where the future of money and financial technology come under full scrutiny. This landmark event brings major authorities from around the globe … Read More

Why and when should you hire a CFO?

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  The role of a CFO or Finance director is varied and far reaching. Some businesses, especially smaller firms or start ups, might make the mistake of thinking that they … Read More

The traits of a great CFO

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The role of the CFO has significantly evolved in recent years. So, how do we now define the role of a top performing CFO? It is no longer limited to … Read More

Upcoming Events

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Sophie Wright, founder of WrightCFO, is delighted to be attending some exciting events in the coming weeks. WrightCFO is dedicated to being up to date with the latest news and … Read More

Meet Sophie Wright, Founder WrightCFO

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Sophie Wright is a qualified CIMA management accountant with nearly 20 years of experience and she is the Director and Founder of WrightCFO.  This month Sophie answers some key questions … Read More

Step into Spring: 5 tips to rejuvenate your business

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Spring is just around the corner and as we leave the colder months behind us, now is the perfect time to reflect and carry out a business ‘spring clean’. Every … Read More

International Women’s Day – CFO Spotlight

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As well as businesses asking what a CFO or Financial Director can do for them, we are often approached by experienced finance professionals who are looking to take on flexible, … Read More

Small Business Grants & Schemes Available in the UK

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When you’re just starting out with a new business it can be tough to get things off the ground without additional capital. There are many schemes and grants available in … Read More

Brexit – where to find advice for your business

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In June 2016 the EU referendum took place, it resulted in 51.9% of voters being in favour of leaving the EU. The government then initiated the official EU withdrawal process … Read More

7 ways Start-Ups and Scale-Ups can benefit from a Part-Time Finance Director

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Are you the CEO of a Start-Up or Fast Growing Company? If so, this is for YOU. Funds might be limited and cash may  be tight, but spending some of … Read More

Put Your Finance Glasses on and Take Control of your Business

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4 years ago, when I made the switch from being an FD in the larger corporate world, to a Finance Director Consultant to SMEs, I was shocked at the lack … Read More

Back to school: A Guide to Supporting your Finance Team through Accountancy Qualification

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There are numerous professional accountancy bodies- 9 that I can think of. But chances are, if your finance team are working in industry, meaning NOT in an accountancy firm, they … Read More

Business Growth and Getting to the Next Stage

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The secret to having a successful business is understanding where you are in the business growth cycle. Knowing what stage you’re in, enables you to determine how to get to the … Read More

Benefits of Mentoring your Staff

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When looking at how companies become successful, one trait which stands above many others is that successful companies have excellent leaders and with excellent leaders come excellent employees.  This is … Read More

4 revealing signs your business is crying out for a Part-Time Finance Director (plus tips on finding the right one)

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Is this you? You’ve got a bookkeeper or accountant who does your day to day accounts. Your suppliers and employees get paid on time and your sales invoices get paid … Read More

Plan for change now, to protect your Business post Brexit.

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80% of private SME owners in Britain are owned by Baby- Boomers looking to sell in the next 5 years. I heard this frightening tid-bit at a networking event two … Read More

Tips to shatter-proof your business post Brexit

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With Britain’s vote to separate from the European Union, UK companies need to work hard to limit their exposure and mitigate risks. In this article, we will discuss ways small … Read More

Save Time and Make More Money

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According to FastCompany.com 70% of a typical CEO’s workday is sub-optimal. It’s easy to see why. We wade through a torrential storm of emails daily, most of which are not … Read More

Seven Deadly Do’s to Managing a Finance Team

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  It’s the New Year and many of us who manage finance teams are looking at the year ahead, trying to work out how to improve performance, manage staff and … Read More

The Chancellor’s Autumn Statement is two steps forward, one massive leap back with changes to the VAT flat rate.

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The papers have been awash with analysis of the Chancellor’s Autumn Statement, the state of the economy, the impact of Brexit and how the JAMs are going to suffer more … Read More

What you need to know: The TAXING issue of Christmas Party Budgets and Bonuses

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THE OFFICE — Season 2 — Pictured: (l-r) Rainn Wilson as Dwight Shrutte, Jenna Fischer as Pam Beesly, Steve Carell as Michael Scott, B.J. Novak as Ryan Howard, John Krasinsky … Read More

Corporate Fraud – make no mistake, you are a target, don’t become a victim.

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“My business won’t be affected by fraud, It’s too small to be a target.”  “We know our customers and it’s always been ok so far.” “We try to be aware … Read More

Post Brexit currency fluctuation and how to hedge against it – do you have a plan for your business?

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The Brexiteers didn’t have a plan, the former PM David Cameron didn’t have a plan – so it’s hardly any wonder that many SMEs don’t have a plan for a … Read More

WrightCFO- Introducing the new team. We’re here to help.

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This was going to be a blog introducing you to the newly expanded WrightCFO team. And it still is. However, I must first address the more pressing issue that this … Read More

Sadiq Khan’s First 100 Days

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What does the new London Mayor mean for The Capital’s small businesses? “I’m determined to be the most pro-business Mayor of London yet. I’ll make engagement with industry – from … Read More

Under pressure! – the fight for women’s equality continues

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Women’s equality and our place in the workforce has never been a hotter topic, and with good reason. Over in the US, Hillary Clinton’s bid for president (and Donald Trump’s … Read More

Nine Budget Boosters for Small Business & Entrepreneurs

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It’s safe to say this month’s budget was rather overshadowed by Ian Duncan Smith’s spectacular resignation and subsequent government retraction over proposed disability cuts. However, there was some seriously interesting … Read More

Brexit or Remain-ian – what’s best for small business?

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Ok, so I need to be clear about one thing. NO ONE is clear exactly what a Brexit will mean for business and anyone who tells you that they know … Read More

HMRC under fire…and we need to keep the heat on high

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It’s fair to say HMRC have had a pretty bad start to the year. Google-gate coincided with the end of the tax year underlining their eye-wateringly low effective tax rate … Read More

Raising finance for the new year

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Happy New Year. For most of us, January is a prime time for taking stock and making plans. These plans often involve needing hard cash to finance either a start … Read More

Smarter Not Harder – 6 steps to Make Year End Hassle Free

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  I for one can’t believe that we are already nearly at the end of November. The list of things piling up on my ‘to do’ list is growing at … Read More

The Tipping Point

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The sharing of tips and service charge has long been a controversial issue for both the workers that receive the money and the tax man but the issue has hit … Read More

Sh*t happens. 5 key business risks.

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We live in an unpredictable and volatile world. The only thing you can be certain about, is that life is uncertain.  Be prepared.  “Aon (provider of risk management) says that … Read More

Pressure’s on. How to handle the rise in staff costs.

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Average pay rises are to jump to 3.5% according to the DailyMail today. Compulsory pension contributions are breathing down our necks.  And the government has announced a rise in minimum wage from … Read More

How to boost the sales value of your company

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If you are thinking of selling your business one day, even if it is in 5 years’ time, you need to begin boosting the sale value today.  If and when … Read More

Sole Trader versus Limited Company – explained.

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You’ve made the brave decision to go ahead with your business idea and work for yourself. This is great news. It also means your to-do list is endless.  One item … Read More

Increase profits starting today. 7 easy tips.

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There are some simple things you can do today, to start increasing your profits without winning new clients. Making some minor changes to the way you do business will be … Read More

Client Profitability- All Clients are not Created Equal

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Businesses are in the habit of measuring many things: customer satisfaction, financial performance, staff performance, market share and share value to name a few.  And then there are hundreds of … Read More

How to write a business plan in 4 hours

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If you run your own business, no doubt you have had ‘writing a business plan’, on your to do list for some time. But who has time for that, when you … Read More

Forming a state-of-the-art Finance Team: it’s all about personality.

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When hiring finance staff personality is more important than experience and education.  The first you are born with, the other two you can work on. Mark Dumon describes the 7 types … Read More

Cashflow Management

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There are countless reasons why businesses fail, such as choosing the wrong business partner, not listening to your customers or avoiding having a business website. But if you choose only one thing … Read More