The CFO Centre - What You Can Expect from a Part-time Finance Director

The CFO Centre’s part-time Finance Directors/Chief Financial Officers use a proven framework known as the ’12 Boxes’ to identify where the problems are within any business. They use it to review every aspect of your company’s finance function and identify every problem area.

The idea of hiring even a part-time FD may seem to some SMEs a bit over the top.

But for companies whose ambition it is to get into and survive the coveted scale-up phase, hiring a part-time FD makes perfect sense. They know that they’re getting a finance veteran, someone with big business experience, who can provide the guidance they need to grow rapidly and help them to avoid the costly mistakes that so many ambitious SMEs make as they attempt to move into the Big League.

As Colin Mills, Founder and Chairman of The CFO Centre Group, said in his book about scale-ups, “The reality is that there is great value in having someone from the next level if you’re aspiring to get there.”

Businesses who hire part-time FDs understand that today’s FDs are capable of delivering far more than bookkeeping or accounting services. They provide advice and analysis and implement practices and processes. They can work with your board of directors and external stakeholders such as your bank or investors. They can also advise you on mergers and acquisitions. Besides strategic analysis, they can provide advisory support on everything finance-related in your business.

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