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…
In this article, we look at what it takes to be one of the most successful scaleups by examining the challenges they face and how they overcome them. Scaleups aren’t just fast-growing companies. They’re economic powerhouses hiding in plain sight. UK scaleups represent only 0.6% of SMEs. Nevertheless, they generate half of the total SME…
We explore the current trends shaping the UK food and beverage industry to help you make your business resilient. The UK food and beverage sector is undergoing a period of rapid transformation, driven by shifting consumer preferences, technological advancements, and economic factors. Sustainability, health and wellness, and innovation are key themes shaping the market. Consumers are increasingly conscious of the…
PE-backed businesses profit in more ways than one, but the process necessitates clear guidance. That’s where a fractional CFO can help. Are you considering private equity investment for your business? Before partnering with a PE firm, it’s essential to assess your business’s readiness. Here are some key indicators: Strong financials: Your business should have a…