Keeping a handle on the accounts is arguably one of the most vital aspects in any growing business. As you plan your expansion, creating a post for a Finance Director is probably at the top of your wish-list.
However, it’s a chicken and egg situation. Profits have to increase before you employ staff, and you need professional help in order to grow profits… So engaging a part time Finance Director (or Manager) could be a good way to go.
Putting Business Advice into Practice
At Jones Harris we’re not just accountants, we’re also business advisors. We can provide you with all kinds of advice and support in order to fulfil your business ambitions. The trouble is advice usually leads to actions, and a heavy workload for the owner/manager of a company.
The problem is that there are only so many hours in a day, and only so many things that one person (or a small team) can physically do. Doing too much for too long inevitably leads to mental and physical fatigue – and costly mistakes.
As your business grows and gets more complex to handle, you’re probably finding yourself getting distracted from areas where your skills are most valuable. You might find yourself making decisions without all the necessary, accurate information which would help you to make better choices.
Your business might have grown organically from humble beginnings into a good, solid company. But do vestiges of the past still hang around in your management techniques and reporting? Do you struggle to ‘see the wood for the trees’ because you’re so close to day-to-day processes?
The benefits of engaging the help of a Finance Director
A Finance Director can provide an analytical view of what makes your business work, and where improvements could be made. It might be improvements to reporting systems, budgetary controls, or operating procedures. A part time Finance Director could just be the thing your business needs to bridge the gap between the cost of the position and the benefit it would bring.
At Jones Harris we have a huge network of contacts which we can put you in touch with for advice and support on most business related matters. If you think a part time Finance Director sounds like a good idea just get in touch and we’ll put you in touch with someone.
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