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…
Businesses make errors every day without any idea how damaging their financial mistakes can be. Running a business is no easy feat. You wear many hats, juggling everything from product development to marketing, all while keeping a watchful eye on the bottom line. But in the whirlwind of daily operations, critical financial aspects can sometimes fall…
We are thrilled to shine the spotlight on one of our esteemed team members Raakhi Patel, your specialist fractional CFO for charities and not-for-profit organisations. Raakhi brings a wealth of experience and a deep-seated passion for supporting charities and not-for-profit organisations, making her an invaluable asset in this specialised sector. Formerly associated with Accenture, Raakhi…
At WrightCFO, we understand that many UK businesses have questions like “What is a fractional CFO?” and “How much do they cost?” Fractional CFOs are an innovative solution that can provide your company with the expertise of a CFO on a part-time basis, at a fraction of the cost of hiring a full-time executive. In this…
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…