In this article, we delve into how a fractional CFO can fuel your business growth. Feeling the Squeeze as You Scale? Entrepreneurs are all about ambition. You’ve built a fantastic business, but as you scale, the financial complexities can become overwhelming. Suddenly, the numbers that once felt manageable demand more sophisticated attention. This is where…
In this article, we explore preparing your business for retirement. We delve into the various options available to business owners looking to retire and how a Fractional CFO from WrightCFO can assist in this crucial phase. Retirement is a significant milestone for any business owner. It marks the culmination of years of hard work, dedication, and…
Optimising cash flow is vital for businesses, ensuring smooth operations and facilitating growth. Employing effective strategies can significantly enhance cash inflow and improve financial health. Here are 12 key techniques to expedite cash inflows and bolster financial resilience. Accelerating Cash Inflows 1. Prompt Invoicing Issue invoices promptly upon completing services or delivering goods. Clear, concise…
Today marks International Women’s Day, and this year’s theme, “Inspire Inclusion,” aims to underscore the significance of diversity and empowerment across all facets of society. The message extends beyond the flurry of posters and events on the 8th of March, emphasising the need for sustained efforts throughout the year. However, as we reflect on the…
At WrightCFO, we understand the critical importance of robust financial controls. In this article, we unveil 10 actionable processes you can implement today to significantly reduce the risk of business fraud. 1. Employee Training and Awareness: Educate your team about the various forms of fraud and their potential impact on the business. A well-informed workforce…
Developing financial strategies in business deals is challenging. Negotiation is an indispensable skill in the world of business, and for small and medium-sized enterprises (SMEs), mastering the art of negotiation can be a game-changer. In the thriving marketplace where every deal counts, savvy negotiation isn’t just about getting the best price—it’s about forging mutually beneficial…
This article discusses navigating venture capital and how you can use it as a strategic avenue for raising finance. Our Fractional CFO consultants can be your guiding force in this exciting journey. Venture Capital: Fuel or Growth Venture Capital is a dynamic form of financing that can significantly accelerate the growth trajectory of your business….
In this article, we discuss cost and market analysis and the importance of financial scrutiny. Last month, a story featured in the Guardian revealed that thousands of SMEs are taking legal action against energy suppliers to recoup undisclosed broker fees that have inflated their bills by 10 % – 60 %. Despite the recent coverage,…
In the fast-paced world of business, success often hinges on making strategic decisions at the right time. One crucial decision that can significantly impact your company’s trajectory is when to bring a Fractional CFO into the picture. Yes, we’re talking about the “F word” – Fractional CFO. For many small and medium-sized businesses, the idea…
In the world of startups and SMEs, financial stability is the key to success. WrightCFO, a revolutionary Fractional CFO firm, specialises in navigating the financial complexities of the Creative, Media, Technology, and Not-for-Profit sectors, transforming startup finances with a personal touch. Meet the team at WrightCFO, top row from left to right: Sophie Wright –…