Every October WrightCFO celebrates its anniversary. To mark the occasion this year we have undertaken an interview with company founder and owner Sophie Wright to explore what makes a successful CFO. Sophie is a Chartered Management Accountant, a strategic and commercial Finance Director and the founder of the award winning WrightCFO consultancy, as well as being the…
Proverbs say that first impressions are the most lasting and, while contrasting quotes tell us that first impressions can be unreliable, one encounter may be all you get when it comes to pitching to an investor. Whether you are addressing a bank, an angel investor, peer-to-peer lenders, venture capitalists or personal investors, the approach should be the…
The role of a CFO or Finance director is varied and far reaching. Some businesses, especially smaller firms or start ups, might make the mistake of thinking that they don’t need (or can’t afford) to hire someone to take on this role. This is where so many go wrong. If you want to scale…
4 years ago, when I made the switch from being an FD in the larger corporate world, to a Finance Director Consultant to SMEs, I was shocked at the lack of financial information many businesses arm themselves with. I saw business owners who put their houses on the line and business owners who would wake…
There are numerous professional accountancy bodies- 9 that I can think of. But chances are, if your finance team are working in industry, meaning NOT in an accountancy firm, they will be interested in one of these three: AAT (Association of Accounting Technicians) CIMA (Chartered Institute of Management Accountants) ACCA (Association of Certified and…
Is this you? You’ve got a bookkeeper or accountant who does your day to day accounts. Your suppliers and employees get paid on time and your sales invoices get paid …probably. You receive a set of financial statements at the end of the year. So, you’re all sorted, right? Wrong. It isn’t enough. You could…