The Virtual Finance Director (VFD)
Our VFD service offers our expertise in financial management business organisations without the high cost associated with a full time senior professional.
We concentrate on identifying the real value drivers in your business and implement around them.
We can help you business structure to focus on delivering profitability, efficient cash flow, cost control, security and growth with control.
We can also help you to raise finance for that growth.
We can help you to direct your business by having good, relevant and simple short and longer-term performance measurements.
These can integrate financial and non-financial measures that enable regular review of key indicators, allow proper evaluation of strategic decisions leading to effective business planning and budgeting to enable a superior understanding of the business.
Our advice as a VFD is flexible. The service can involve face to face meetings when required, but much can also be done by phone or email.
Key benefits include:
- Review and improvement of systems and procedures
- Facilitation of strategic planning including preparation of business plans and forecasts
- Sound financial management, including cash flow, realistic budgeting, cost reduction
- Building relationships and more credibility with banks, investors and other funders.
- Preparation for raising finance.
- Management of growth and awareness of growth pitfalls
- Help with resolution of difficult and confidential issues
- Implementation of change and improvement
- Acting as MD’s sounding board, clearing the fog, providing balance and focussing on the big picture.
One major objective throughout the process is to free up as much time as possible for you to work on your business and not so much in it.
For a fraction of the cost of a permanent member of staff get your own dedicated VFD.