Resources for business owners

Discover leading insights from our finance experts at The Finance People. Use this financial advice to enhance your strategy, to overcome common financial challenges within SMEs, or to better understand key areas of finance for business. 

Finance Advice Emily Cooper Finance Advice Emily Cooper

Is Your Business Ready for a Fractional CFO?

For SMEs that cannot afford a full-time CFO at the level they require, the fractional CFO model presents an excellent way to make that crucial step forward. Despite not adhering to the standard Monday-Friday, 9-5 schedule, the fractional CFO delivers high-level financial strategy, systems analysis, and operational insights on a part-time or contractual basis.

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Hiring Advice Emily Cooper Hiring Advice Emily Cooper

What Should You Look for in a Fractional CFO?

A fractional CFO offers the same expertise and services as a full-time CFO but on a part-time or project basis, making it a cost-effective solution for businesses that don't require or can't afford a full-time executive. But what exactly should you look for when considering a fractional CFO for your business? Let’s find out.

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Finance Advice Emily Cooper Finance Advice Emily Cooper

3 Signs You've Got the Wrong FD

For small and medium-sized enterprises (SMEs), the role of a Finance Director (FD) is pivotal. The right Finance Director can steer your company towards growth and stability, but the wrong choice can lead to setbacks and missed opportunities. Recognising the signs of a mismatch is crucial for business owners. This blog explores three key indicators that might suggest your current Finance Director may not be the right fit for your business's unique needs.

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Finance Advice The Finance People Finance Advice The Finance People

How Much Does a Fractional CFO Cost? 

SMEs are constantly having to adapt and navigate challenges to achieve growth. However, the high cost of hiring a full-time Chief Financial Officer (CFO), otherwise known as a Finance Director (FD) can be a daunting expense. Enter the solution that's gaining traction among astute business owners: the fractional CFO.

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Emily Cooper Emily Cooper

5 Finance Tips from Our CFOs to Apply in 2024

All SMEs today should be looking to thrive and compete in an increasingly difficult market, so staying ahead of the curve is crucial. Our team of experienced CFOs have come together to share their top five financial tips for SME owners, for you to take away and implement into your business today.

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The Finance People The Finance People

8 Top Tips for Recovering from Financial Turbulence

Throughout business ownership, financial turbulence can strike unexpectedly, leaving SME businesses grappling with uncertainty and stress, and the path to recovery requires a strategic approach and a commitment to positive change. Discover six tips from our fractional CFOs tp help you not only navigate these formidable challenges but to optimise business finance recovery.

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Cash Flow Carly Smith Cash Flow Carly Smith

Cash Flow vs. Profit: Which Is More Important? 

Entrepreneurs are constantly challenged with the delicate task of balancing priorities to ensure the sustained growth and resilience of their enterprises. Two pivotal elements in this balancing act are cash flow and profitability. In this blog post, we’ll look at cash flow vs. profitability and which you should prioritise, if it comes to it.

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Carly Smith Carly Smith

Your SME Finance Planning Checklist for 2024

As we step into 2024, SMEs face a unique set of financial challenges and opportunities. Economic uncertainties, technological advancements, and evolving consumer demands require businesses to adapt and innovate, all while maintaining financial stability. This is where a comprehensive financial plan proves invaluable.

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