Let’s be honest, running a business can feel like you’re juggling chainsaws while riding a unicycle on a tightrope! One minute you’re chasing new clients, the next you’re putting out fires in operations, and then suddenly you realise you haven’t looked at your cash flow in weeks! 🙈 Sound familiar? You’re not alone. Many business…
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…
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…
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. …
Is Your Business Scaling? We hear it all the time: “We already have a brilliant CFO, so a fractional CFO isn’t for us.” But here’s the secret – a WrightCFO fractional CFO can be your secret weapon, complementing your existing financial team and taking on specific projects that require extra expertise. Imagine This Scenario Your…
In this edition of WrightCFO’s Spotlight CFO, we introduce Kadia Barry. Equipped with ACCA and MBA qualifications, Kadia has been supporting fast-paced tech startups for a decade. Kadia is also our Xero guru, offering our WrightCFO clients Xero implementation, training and system migration. Areas of Expertise Strategic Financial Management – Deploying tools and techniques to…
CFOs are ditching the full-time gig and opting for fractional work, offering their expertise on a part-time, project-based, or retainer basis. Let’s face it, “fractional” is everywhere these days. Fractional ownership of holiday homes? Been there, done that. Fractional shares of stock? Totally trending. But what about fractional work? Now that’s a buzzword that’s got the business…
In this article, we introduce Mark Edwards, a specialist Fractional CFO with a proven track record in the tech industry. Mark is a fellow of ACCA and brings a wealth of experience to the table. Throughout his career, he has focused on startups, SMEs, venture capital firms, and selective corporate clients. Areas of Expertise: Specialist…