Finance resources for business owners
Articles for SMEs
Discover leading insights from our fractional CFOs and finance experts at The Finance People. Use this advice to enhance your strategy, overcome common financial challenges within SMEs, or to better understand key areas of finance for business.
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.
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.
3 Mistakes Business Owners Make When Hiring a CFO
There are so many benefits to hiring a Finance Director and ultimately, they’ll give you the strategy and support you need to move forward with your business. However, there are some common mistakes SME owners make when it comes to hiring for this role. Make sure you’re not making them. Read now.
The Future of Finance: How the Fractional Model is Changing the Game
Traditionally, businesses have either hired a full-time finance director (FD) or managed with an existing finance team, including a finance manager, accountant and finance assistant - until they could afford a full-time, high-level FD. However, there is a growing trend towards hiring a part-time FD and for good reason. Read now.
The Do's and Don'ts of Hiring a CFO
Finding the right part-time Finance Director for your company can be a critical decision, as this individual will play a key role in managing your organisation's financial health and direction. Discover the do’s and don’ts of hiring a finance director. Read now.
What is an interim CFO and does your business need one?
In today's fast-paced, you need to stay ahead and to do so, you’ll need reliable, experienced finance guidance within your business to help you take the right next step. Keep reading to find out everything you need to know about the role of the interim CFO and how they could benefit your business.
Infographic: 6 Reasons Data is Critical for Every SME
Management information play a huge role in the scaling of your business. Here’s 6 reasons data is critical for every SME.
Infographic: The Impact of the Cost of Living on SMEs
How is the cost of living crisis impacting SMEs? Find out in our research.
Infographic: Are you ready to scale your business?
Is your business ready for the next step? Find out in our valuable infographic.
Infographic: How Prepared are Business Owners for their Exit?
What is the current state of exit planning in the UK? How well prepared are business owners for exit? Read now.
Infographic: Your Exit Strategy Roadmap to Success
Do you have an exit strategy in place? If not, here’s everything you need to be prepared for exiting your business.
Infographic: Financial Management Information - Key Questions for Your Business
What are the key questions you need to be asking for your business? Find out in our latest infographic.
Infographic: Do you need a full-time or part-time FD?
Do you require financial support but are unsure where to start? Take a look at our infographic
Infographic: The State of Business Cash Flow
What is the current state of business cash flow in the UK? How well are SMEs handling their income and expenses? Find out in our easily digestible infographic.
Why Choose The Finance People?
In this blog, we'll discuss the importance of hiring a Finance Director for SMEs and why The Finance People are the professionals to work with. So, if you're an SME looking to take your financial management to the next level, keep reading!
7 Common Cashflow Pitfalls and How to Avoid Them
As the owner of a small business, it can sometimes seem easier to put your head in the sand and try to ignore cash flow issues that arise – but this only worsens the problem. It is much more sensible to acknowledge your cash flow problems and build a strategy for tackling each one head-on. Discover the common pitfalls
Finance Controller vs. CFO: What's the Difference?
What are the differences between a Financial Controller and a Finance Director? Find out how the roles differ and which one you may need for your business.
Navigating Funding Options: A Guide for SMEs
In this blog, we will explore different funding options available for SMEs. We will provide insights on how to choose the best one for your business. So, whether you're a startup looking for seed funding or an established SME seeking growth capital, this guide is for you.
5 Funding Myths for Startups
For new business owners, the fundraising journey can seem overwhelming and intimidating, especially if they have never ventured into the world of investments before. The good news is that there are many funding myths out there that can be debunked. Find out more.
What is a fractional CFO?
A fractional Chief Financial Officer (CFO) , also known as a part-time CFO, is a Finance Director who provides strategic financial guidance and support to businesses on a part-time basis. Find out more about the role.
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