The business world is full of unexpected twists and turns. Economic downturns, shifting market trends, and even global events can create challenging conditions for businesses of all sizes. In these turbulent times, agility is key to survival and success.This is the key to being a resilient business. But what exactly does it mean to be…
Building a successful tech company in today’s market takes more than just a brilliant idea. It requires a strong network of partners, advisors, and resources to navigate the complexities of scaling a business. Think of it as your “little black book” – a curated collection of essential contacts that can fuel your growth and help…
The world is your oyster, and with the right strategy, you can expand your business to new markets and achieve incredible growth globally. But where to start? With so many exciting possibilities, it can be overwhelming to choose the right destination. Fear not! WrightCFO is here to guide you. We’ve been helping UK businesses thrive…
Welcome to WrightCFO News, your weekly business newsletter provided by London’s leading Fractional CFO consultancy. Board meetings are a cornerstone of effective corporate governance. They provide a platform for strategic discussions, decision-making, and oversight. While the specific agenda and topics may vary, the core purpose remains consistent: to steer the company towards its long-term goals….
As an arts organisation, whether you’re a Tate Modern, a MoMA, or a small, independent gallery, your success hinges on a delicate balance of artistic vision and financial acumen. To ensure the sustainability and growth of your business, it’s crucial to adopt sound financial strategies and learn key financial tips. Financial Strategies for Arts Organisations…
Next week marks WrightCFO‘s 10th anniversary, and it’s got me thinking back to my first gig as a Fractional CFO, also known as CFO As a Service (or as it was called back then, a part-time or portfolio Finance Director). I stumbled upon this Fractional CFO opportunity through a LinkedIn group that no longer exists…
We all know that for SMEs, the path to success is often paved with financial challenges and disappointments. From unexpected market downturns to cash flow crises, financial setbacks can be emotionally devastating for CEOs as well as their Chief Financial Officers. However, with the right financial leadership, SMEs can not only overcome these obstacles but…
Exiting a business is a significant milestone in an entrepreneur’s journey. Whether you’re retiring, moving on to new ventures, or simply ready for a change, it’s crucial to approach the business exit process strategically. A well-planned exit can maximise the value of your business and ensure a smooth transition, protecting your legacy. In this guide,…
Understanding the hierarchy of financial support for your business will ensure you access genuine services relevant to your needs. Businesses rely on three key roles for financial management: bookkeepers, accountants, and Chief Financial Officers (CFOs). Each role differs significantly in its scope, responsibilities, and strategic importance, with the CFO being the chieftain of the group. …
In this article, we explore the financial forecast and look at business planning for 2025 to promote growth and success. The British Chambers of Commerce (BCC) has released its Quarterly Economic Forecast, upgrading growth expectations and forecasting for 2025-26. Overall, the UK economy shows signs of improvement, but we are not out of the woods…