The Blueprint For Success: Why Every Business Needs To Write A Plan
By Paul Gibbins on Dec 28, 2024 9:15:00 AM
The Business Plan: A Cornerstone of Success In the dynamic and challenging environment SME businesses face, having a well-thought-out business plan isn’t just a formality — it’s the cornerstone of success. Writing business plans drive business accountability, aligns stakeholders, and provides a clea …
How Can a Fractional CFO Transform Your Bottom Line?
By Paul Gibbins on Nov 23, 2024 10:15:00 AM
How Can a Fractional CFO Transform Your Bottom Line? One of the key factors in achieving business success is having a solid grasp of your finances. A deep understanding of costs and insight into where profit is made and lost is essential to support effective strategic decision-making. However, finan …
How to Combat the Feeling of Loneliness as a Managing Director.
By Paul Gibbins on Oct 9, 2024 1:00:00 AM
It's Lonely at the Top Being the owner or Managing Director (MD) of a small to medium-sized enterprise (SME) can feel like you're running a one-person race. While you may have a team working alongside you, the burden of responsibility is uniquely heavy on your shoulders. Decision-making, solving com …
How to Use Management Accounts Effectively
By Paul Gibbins on Sep 2, 2024 9:15:00 AM
What Does It Mean to Use Management Accounts Effectively? Most SME directors know they should have management accounts. Far fewer are confident they are using them well. There is an important difference between producing a set of monthly numbers and using those numbers to make better decisions, and …
What Is Gross Profit & Why Is It Important In Business?
By Paul Gibbins on Oct 21, 2023 8:45:00 AM
Gross profit is the difference between revenue and direct costs. It is one of the most important measures of business performance because it helps business owners assess profitability, improve pricing decisions, strengthen cash flow and increase business value. Gross Profit Is One Of The Most Import …
Unlocking Success: How a Non-Executive Director Can Elevate Your Business
By Paul Gibbins on Sep 12, 2023 9:15:00 AM
Expert Business Practitioner With all the pressures that come with running a business, having a seasoned guide assisting you at the helm can make all the difference. That's where a Non-Executive Director (NED) comes into play. These expert business practitioners are like the North Star for a company …
The Benefits of an Interim CFO: Exploring the Role, Services, and Advantages
By Paul Gibbins on Jun 12, 2023 7:30:00 AM
The Benefits of an Interim CFO In today's dynamic business landscape, companies often encounter the need for specific financial expertise and leadership at various stages of their growth. This is where an Interim Chief Financial Officer (CFO) steps in. An Interim CFO brings temporary but impactful f …
Does Employee Engagement Lead to Business Success?
By Paul Gibbins on May 16, 2023 8:45:00 AM
Employee Engagement Improves Business Success How can I make my company more successful? It’s a question that every business owner should ask themselves. There are numerous factors that determine the success of a business but one that should not be ignored is employee engagement. Studies on workplac …
The Value of an Interim Finance Director
By Paul Gibbins on May 10, 2023 11:00:00 AM
Bridging the Gap in Financial Leadership Strong financial leadership is essential in every business so when the CFO / FD is missing, the company and its executive team can really suffer. That’s where an Interim CFO / FD comes in, bridging the gap between finance executives. By providing financial ex …
Financial Forecast Modelling for SME Businesses
By Paul Gibbins on Dec 20, 2022 8:30:00 AM
What Is a Financial Forecast, and Why Does It Matter? A financial forecast is a model that shows the likely financial outcome of a business's plans over the medium to long term, typically three to five years. Built from expected sales and costs, a good financial forecast produces a projected profit …