Virtual Financial Director Services
It is quite common for ambitious and fast-growing businesses to reach a stage where they require high-level expertise from a quality Financial Director. However, they may not yet have the budget to afford a full-time FD’s salary.
An excellent solution to this problem is to bring your accountant into your business to take on the role of part-time or virtual FD. This gives you access to the skills you need but without breaking the bank or committing to a high salary when perhaps there isn’t the justification to bring someone in full-time.
Specialist virtual FD services
We often see companies experience rapid growth and reach a point where they require expertise in multiple key areas, including:
- Detailed forecasting (in particular cashflow forecasting)
- Preparing for equity-raising
- Grant funding applications
- Expanding into new markets
- Implementing schemes such as EMI options
- Establishing a group structure, for example, for overseas operations
- Board-level reporting
A valuable sounding board
Whilst this may sound a little woolly, many company owners tell us that running a business on your own can sometimes be a lonely place. It can be difficult to make the right decisions without a second opinion and someone to discuss ideas with. Sometimes, you need to be told that an idea is good or bad and hear a different point of view to sense-check your thinking.
Our FD service can provide exactly that and give you the confidence and support you need to move forward.
Why choose Approved Accounting as your Virtual Finance Director?
At Approved Accounting, we offer a wide range of services to support growing companies, from day-to-day accounts department services to higher-level support for business owners and directors.
These high-level services carry the most value and can have the greatest positive impact on a business because making the right strategic decisions at key points in a business’s growth cycle can be the difference between success and failure.
Approved Accounting’s FD services are personally offered by our directors, Jon Green and Matt Gair. Both have extensive experience in all of the key areas we’ve talked about above and have guided many businesses successfully through forecasting, raising funds, implementation, structure changes, and business sales/exits, among other things. Their expertise, experience, and no-nonsense approach make them both valuable assets to the companies they work with.
Work with us
If your business would benefit from board-level finance expertise and directorial support, contact us today to request a consultation.
We’ll be happy to discuss your needs before making recommendations on the service we think would be right for your business and, of course, for you to meet our team.
