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…
The Impact of Economic Trends on PR Firms The PR industry is intrinsically linked to the wider economic landscape. Economic fluctuations can significantly affect client budgets, media spending, and overall industry sentiment. A downturn might lead to reduced marketing budgets, while an upturn can create new opportunities. A Fractional CFO can provide invaluable insights into economic trends and their…
In this article, we explore how to ensure financial sustainability for charities and not-for-profit organisations. UK charities play an indispensable role in our communities, but balancing their charitable mission with financial sustainability can be a complex challenge. To flourish, charities must adopt a strategic approach that encompasses a wide range of operational considerations. Key Areas for Charity…
If you are preparing your business for investor scrutiny then you need to overcome due diligence. Read on to find out how a CFO can help. Congratulations! You’ve secured interest from potential investors – a significant milestone for any growing business. But before the investment deal is inked, there’s an important hurdle to overcome: due diligence. This is where…