Start ups: |
A small business FD or a virtual finance director may help you out with a formal business plan, do a balancing act with depleting cash resources and growing funding needs that growth opportunities dictate, and could set up systems and procedures for the start up
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Growing businesses: |
A part time finance director can revisit the business plan, advise on a funding strategy and establish formal management accounting and control systems |
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Established businesses: |
An interim finance director can carry out a business health-check, provide advice on improving efficiencies, outsourcing, business best practices, and redirect the focus on to cash flow management |
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Expanding businesses: |
The finance director services may include advice on strategic planning, new ventures, mergers, acquisitions and even flotation of stocks |
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Facing decline: |
A part time FD or an interim FD could provide advice on cutting costs, negotiate with creditors and lenders, and advise on going concern issues |
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Exit stage: |
The finance director services may include valuing your business, and devising your tax and exit strategies |