Having spent 35 years in the financial world, I’ve come to appreciate the profound impact a strategic financial approach can have on a business’s trajectory. My journey as a Finance Manager for Airbus, running C&M Accountants, and now with Hydref Accounting as Fractional Finance Director, has equipped me with an understanding of what it truly takes for a business to not just survive, but thrive.
While accurate accounting and timely tax filings are undeniably crucial, they are merely the foundation. A truly valuable finance professional acts as a trusted advisor, a partner who understands your business goals and helps you achieve them. So, how can my business journey benefit yours?
1. Mitigating Risk and Ensuring Compliance:
Beyond just preparing tax returns, a seasoned professional proactively identifies potential risks and ensures your business remains compliant with the ever-changing regulations. This includes staying up to date on legislative changes, implementing robust internal controls, and addressing potential issues before they arise. This mitigates the risk of penalties, legal issues, and reputational damage, providing you with peace of mind and a solid foundation for growth.
2. Optimising Cash Flow and Enhancing Profitability:
Cash flow is the lifeblood of any business. An experienced finance professional can help you optimise your working capital by implementing efficient credit control processes, helping you negotiate favourable payment terms with suppliers, and improving cash management. This ensures you have the necessary funds to invest in growth initiatives, weather economic downturns, and capitalise on new opportunities.
3. Supporting Informed Decision-Making:
In an increasingly complex business world informed decision-making is paramount. A skilled finance professional can provide you with the insightful analysis and reporting needed to make strategic choices. I spend a lot of time working with the Futrli platform which integrates with Xero and QuickBooks to provide detailed reporting and forecasting. This allows us to develop key performance indicators (KPIs), conduct variance analysis, and provide clear, concise financial reports that highlight trends and opportunities. My aim is to empower you to make data-driven decisions that drive profitability and sustainable growth.
4. Securing Funding and Investment:
Whether you are seeking a bank loan, venture capital funding, or angel investment, a finance professional can be instrumental in securing the necessary capital. They can assist in developing business plans, preparing robust financial projections, and effectively communicating your financial story to potential investors. This expertise can be invaluable in attracting funding and fuelling your growth ambitions.
5. Building a Scalable Finance Function:
As your business expands, so do your financial needs. I can help you build a scalable finance function that supports your growth plans. This might involve mentoring and training finance staff, implementing robust accounting systems, and establishing efficient financial processes. This ensures your finance function remains agile and responsive to the evolving needs of your business. My Fractional Finance Director service can introduce you to a higher level of finance support until you are ready to bring in a full-time leader for the fiancé function.
Partnering with Hydref Accounting is having a trusted advisor by your side, guiding you through the complexities of financial compliance and regulations. It’s about leveraging years of experience to transform challenges into opportunities, unlock hidden value, and propel your business towards sustainable success. It’s about recognising that finance is not merely a support function, but a strategic driver of growth. Whatever your needs I can help you move your business from surviving to thriving. Get in touch on 03333 449270 or book an appointment through my Calendly link.
