The Business Bulletin
How a virtual financial director can boost your business growth
Running an SME is a full on roller coaster of a ride. As time ticks, you’re thrown in all sorts of directions and can even feel as though you’re in free fall going backwards sometimes. At the start that’s all really exciting, of course, and you’re able to juggle several aspects of the business yourself whilst you focus on getting the right foundation in place and the orders coming in.
stay up to date, and how much
with your staff knowing their roles and
Taking the next step for the development of your business
responsibilities. But your role becomes
Outsourcing some or indeed all of
need highly experienced individuals
more strategic, and you start to realise
those functions makes a lot of sense
possibly only working part-time on
some of the more specialised jobs now
at this point. Think about the specific
your business. Those are not easy
need a specialist’s eye. For example, HR
knowledge and experience needed to
people to find or keep. And they’re
and recruitment, marketing, IT… and
fulfil job roles effectively, the ongoing
pretty expensive to have on your
finance.
training required to ensure people
headcount too. However, the problem
As your business starts to embed, however, your attention has to split. The day to day running begins to tick over,
working time in a week is actually needed. Every business is different, of course, but odds on you’re going to
Issue 9 – Finance | 9
