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 –…
In this article, we explore the strategic advantage of a fractional CFO. In the ever-evolving landscape of business, staying ahead means embracing innovation, and in 2024, Artificial Intelligence (AI) has emerged as a game-changer. Find out how a Fractional CFO can be your strategic ally in navigating the complex realm of AI and why integrating…
The Power of Fractional CFOs As we step into 2024, the business landscape is presenting challenges that demand our attention and strategic acumen; that’s where our Fractional CFOs can help. A recent article in The Guardian reported a staggering 52% increase in UK business closures over the past two years. Furthermore, Accountancy Daily predicts that…
As the holiday season approaches, we hope this post finds you in high spirits and thriving amidst the festivities; after all, it is the season for business success and festive cheer. While Christmas is undoubtedly a time for merriment and relaxation, it’s also an excellent opportunity to reflect on your business’s accomplishments, plan for the…