Finance Director Support
Finance Director support to elevate your business
A Finance Director can optimise financial decision-making procedures, resulting in enhanced operational efficiency and increased profitability. A Finance Director will work along side your board of directors and benefit your Company in the long term by providing strategies in alignment with your business objectives, help fund such growth plans and initiatives, level up the visibility of the performance of your Company through financial reporting and forecasts and drive your business forwards to achieve its potential.
Such services may seem out of reach depending on the size of your Business and can therefore be a difficult step for many SME’s to take. Using my consultancy offering bridges this gap and allows expert guidance for a fraction of the cost. Most importantly, having a part time Finance Director will improve the performance of your Business and give it the platform to thrive. Whether you need assistance with new ERP systems, building a finance team, funding your ambitious business plan, planning an exit strategy, outsourcing tasks to allow your business to scale, automating your finance processes, I will provide the guidance and leadership to support you through your journey.
Scope of Services
Finance Team Set Up
Assessing the current skillset of the Finance Team is critical to enable sustainable and profitable growth. Do you have the right support around you to achieve the business objectives? Is your Finance Team providing you with the management information to guide you? My services can help identify what is required to help deliver the strategic plan and get the right Finance support around you.
Core Finance Fundamentals
The key fundamentals for a strong Finance Function is budgeting, cashflow, monthly reporting and reforecasting. Many businesses don’t have these key pillars in place, or perform these tasks very poorly which limits the potential of the business. You won’t know how well you are doing, where you are going and with what resources you have to do it. My services can provide a proven framework to level up the quality of these areas and provide that visibility.
ERP/Automation Support
Month end processes, invoice processing are usually extremely slow and cumbersome. In a digital age where AI is becoming the future, there are many automation products out there that can be of great advantage to your business. Your ERP system itself, whether you even have one, is the heartbeat of your business. If the ERP is delivering it will allow you to scale your business efficiently. If it isn’t delivering it will hold your business back from realising its potential. I can help steer you towards a clear path to ensure you level up your Finance systems to support your business.
Part Time FD Consultancy
Engaging with my FD consultancy will help guide you through your journey, provide accountability, quality and ownership to steer the financial health and prosperity of your business. Being a part time basis will give you access to my services in a manageable way that will be a fraction of the cost of a full time head.
Drive Business Valuations
Whether you are listed, owner managed, the business valuation is a critical measure of raising equity finance or selling the business, depending on how you are structured. Not only is there my proven financial model built to determine the value of a business assessing its past performance, there are also intangible factors such as quality of the management team, key man dependency, quality of systems, processes that can increase the value of the company. If there is a lot of work to be done by the acquiring entity then they will have to work much harder post sale, lowering the value they are prepared to pay. Conversely they would be willing to pay more for ease and quicker returns on investment.
Achieving An Exit Strategy
Many clients are owner managed, family owned, or have a significant share holding in a larger business working in a key role. Understanding a succession plan and an exit strategy to work towards is key to give you focus and way out of the business, if this is your long term goal. Conventional methods would be a straight sale, management buyout, going public and listing, even if you a smaller entity listing on the AIM market. There are other avenues such as employee ownership trust similar to John Lewis. I can help guide you through the process and bring in subject matter experts through my network if required.
Contact us
Hi@DanYourFinanceArchitect.co.uk
07584302159