PROFIT PARTNERS - Flexible, professional, cost effective
Your Finance Director
Many business owners know they need the skills of an FD but simply don't want or need to spend the money on someone full time.... A part time FD with all the skills and experience required is an ideal solution.
Anything from 1 day a month to a couple of days a week, depending on your needs and budget.
A totally flexible arrangement to use as and when required with no contract, no long term commitments.
Safeguarding Profitable Growth
An experienced and commercially minded FD in a business that is fast growing is essential for it to fulfil its profit potential and avoid the common pitfalls of "risky" growth, over trading, poor strategic direction and weak financial planning.
Recession Proofing
As we move into or indeed out of any recession, the risk of business failure is significantly increased; financial skills and experience in the management team becomes essential. Companies need effective financial controls, meaningful data and experienced financial advice.
Banks and Professionals
Your bank will appreciate and find comfort in your appointment of a part time FD. Commenting on the growth of the part-time FD market, Barry Spicer of HSBC said:
"There are real benefits to the banking community of recommending a part-time FD to clients. A good FD on the management team provides a specific set of skills that are often not present for many entrepreneurs who do not have a conventional financial background.
"The clients benefit from more robust business plans and financial controls, and in turn the banks can loan to a business with a lower risk profile, better control and a more focused direction."
Audit and accounting fees can be significantly reduced too. A good FD will ensure the accountants are given the correct information and are asked the right questions
Public and Private larger organisations
It is not only the smaller business that can benefit from a part-time Finance Director. Larger public and private companies who need an extra and flexible resource for specific projects or simply need a part time FD to oversee the finance of a smaller subsidiary can benefit from this approach.
|