What’s the Difference Between Fractional and Outsourced Financial Services?
The key difference is this: fractional financial services provide a senior finance person working part-time within your business, whereas outsourced financial services outsource specific finance functions externally. The first offers strategic direction on a part-time basis, the second performs operational functions. Either way the costs are less than a full team, but the objectives vary. […]
CFO Recruiting Company vs Executive Search Firm: What’s the Difference?
After a while of hiring finance leaders, the two terms that almost sound identical have Definitely appeared to you: CFO recruiting companies vs. executive search firms. Congratulations! You have already found your ideal candidate for the finance leader role in this case, both with an option of a fee and both promising to help you […]
What Are the Main Exit Strategies for Business Owners?
The seven most common exit strategies available to business owners are a trade sale, a management buyout, private equity, family succession merger IPO and liquidation. Which one is appropriate will depend on your goals, your business and your timescales -each will have very different consequences on the sum you take from the business and what […]
What Does a CFO Recruiting Agency Actually Do?
A CFO recruitment agency is experienced at sourcing, evaluating and advising on the right CFO solution for your company. This includes the recruitment process itself – job advert & description writing, candidate interviews & short-listing, through to executive negotiation and on-boarding assistance. Here’s the short answer. Still, the truth is not quite so simple as […]
10 Questions to Ask Before Hiring a Fractional CFO
Hiring a fractional CFO may well be a highly effective choice for a business that is expanding. If you are running out of cash, thinking about raising the size of your business, or looking to get an investor on board, a financial leader that matches your needs can enable you to make the right decisions […]
Maximising Your Valuation: 8 Levers That Increase What Your Business Is Worth
Is it really possible to own a successful business? Of course! We all agree that you want to create a business that thrives. But, success is not only measured by the revenue generated or profit earned during a year. Most times, the real challenge lies in the time that you intend to sell your business. […]
Tax-Smart Exits: What UK Business Owners Should Know Before They Sell
For years or perhaps even your whole life you have devoted time building your business. You have been the one who took the risks, who made the payroll even in the months when business was slow, and you have transformed merely an idea into a great product or service. So, when the comes to selling […]
The First 90 Days with a Fractional CFO: What to Expect ?
So, you’ve made the decision to bring in a fractional CFO. Great but if you’re anything like most founders, there’s a little question nagging away in the back of your mind: what are the next steps? Remember, you’re not hiring an executive who’ll be at every meeting, and nor are you simply giving your financials […]
Getting Your Numbers Exit-Ready: The Financial Clean-Up Buyers Expect
Here is an honest truth that surprises many business owners: the financial statement format that has only been good enough to get through the day-to-day running your company is rarely good enough to use for selling it. You might know the ins and outs of your business where the money is coming from, which months […]
Outsourced CFO Services Explained: A Smarter Way to Scale Finance Leadership
Founders don’t generally launch businesses because they enjoy financial forecasting. You started yours with a great new idea, or you were solving a problem you knew well. But somewhere between a handful of customers and a hundred, the figures became more complex cash flow was hard to understand your investor’s questions became more withering. And […]