Although many SME businesses would benefit greatly from input from a senior finance professional, the cost of recruiting and employing a full-time Finance Director is too daunting for most. In many cases this nervousness is well placed and the business is unlikely to get good value for money from a full-time Finance Director. This should not put businesses off from seeking advice from finance professionals and most if not all will get exceptional value for money if this input is provided on a part-time basis.
Having an experienced Finance Director for 1 to 2 days per week or 4-5 days per month can ensure that basic financial systems and controls are functioning correctly and timely and relevant reports are produced on a monthly basis. Once this relationship is established, support for specific projects, such as raising finance or acquisitions, is easily on hand.
By focussing on delivering excellent value for money for its clients, Trecelyn has provided valuable insights for growing businesses which has helped them to grow profitably and give owners and managers a greater sense of control over their operations.
Key areas to be considered include:
- Monthly report & accounts
- Cashflow management & forecasting
- Budgeting & forecasting
- Accounts department review & improvement
- Strategic planning and reporting
- Monthly reporting timetable & review meetings
If you are an SME owner or manager who is surviving with only basic accounts or finance support, will be amazed at the insights you will obtain from contracting Trecelyn to act as your finance business partner.
For a free initial discussion please contact Huw Bowles on 07711 473 243 or email huw@trecelyn.co.uk