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…
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…
Professional financial support for your business can mean the difference between success and failure. It is however an area of business management that many organisations attempt to navigate alone. While there is no doubt that no one understands your vision better than you, achieving your full potential is reliant on your willingness to accept the…
When looking at how companies become successful, one trait which stands above many others is that successful companies have excellent leaders and with excellent leaders come excellent employees. This is why WrightCFO has launched a Finance Mentoring Programme, whereby an experienced WrightCFO Finance Director meets once a month with your finance employee (usually a finance…
According to FastCompany.com 70% of a typical CEO’s workday is sub-optimal. It’s easy to see why. We wade through a torrential storm of emails daily, most of which are not important. Some CEOs spend half their time motivating and coddling employees, and dealing with employee grievances. Others spend all their time planning, budgeting, forecasting, so…
I for one can’t believe that we are already nearly at the end of November. The list of things piling up on my ‘to do’ list is growing at an alarming rate and that’s not even counting Christmas, which I know is just around the corner. As the rest of the world starts 2016…
Average pay rises are to jump to 3.5% according to the DailyMail today. Compulsory pension contributions are breathing down our necks. And the government has announced a rise in minimum wage from October 2015. All in all, staff costs are on the increase putting even more pressure on small businesses. 3.5% doesn’t seem like much. So why…