Benefits, Chief Financial Officer

 

Benefits, Chief Financial Officer

There are moments in the lives of almost everyone, when some expert advice is correct - and never when your company needs help.

This could be for several reasons - It could be that your company is facing problems, for example, could increase sales cause problems with cash flow. Or maybe you want the media to get out of a very difficult time in the company's operations. Alternatively, you can complete a transaction of any kind - whether a merger or acquisition, or fundraising activity.

Because financial managers to understand the commercial consequences of all financial data, before them, they can look at the company objectively and know where to direct resources for maximum benefit. This will not only give the owner the confidence to make better decisions (and fast), but the expertise of a CFO is invaluable in the presentation of facts and figures on the map - yes, it is the same for presentation to the bank to raise funds will be needed and the presence of an experienced CFO can really reassure investors.

FD is not simply a gatekeeper purse strings, or, as some might think, a glorified accountant or management accountant. On the contrary, he is a strategic economic expert has expertise and experience to ensure the achievement of business objectives. Another myth is that the CFO is a permanent, full-time employee. This is simply untrue, and means that access to knowledge and expertise to FD may not be as expensive as you might think. In fact, the CFO can be very convenient - or even save money!

If you do not need support in the intensive and simply can not justify the cost of a full-time FD - all these skills and experience is no surprise, at a cost - why not consider a "virtual CFO" or more simply - a director of financial adviser?

Work a certain number of days at a daily rate agreed upon, high-flying FD can provide a wealth of expertise to the negotiating table for the amount you can afford. The best way from a single source would be to talk with your accountant to see if they could fulfill this role - after all, who knows better than its general ledger accounts? Otherwise, use the contacts to recommend CFOs know, or go to an interim FD through a trading platform. Remember that having a consultant FD means that the focus is on them to provide excellent service, otherwise you can easily replace an FD that is best.

Gary is the director of development CBHC. He has a background of trade and industry, have formed a large PLC in the food industry. Gary also had a successful accounting practice for 10 years before becoming a partner in CBHC, making it an ideal position to help other owners succeed in management.

Really passionate about helping businesses grow, Gary has specialized in developing and implementing effective strategies that improve the long-term profitability and is an expert in forecasting cash flows and financial management. It is also heavily involved in talking to new customers and are constantly implementing new ideas that will improve the quality of the service portfolio CBHC.

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