Part-Time CFO Services In Reading

We helped manage the turnaround by closing unprofitable outlets, improving gross profit margins and strengthening financial controls. A strategic review showed the owners had become victims of their own success, micro-managing what were in effect four distinct businesses. Over the following ten years Secantor worked alongside them as Finance Director and facilitator, built a business plan and a robust financial forecast, tracked performance every month, and set about building value in the business. When family succession was ruled out after five or six years, we brought in corporate finance specialists and the focus moved to a sale.

The business was ready: a record of profit growth, a forecasting track record buyers could rely on, a strong brand and an accountable management team that let the owners take a three week holiday without disruption. They sold a majority stake to private equity at a high multiple and kept a third. As the co-founder put it, Secantor “has made a world of difference to our business.” Read the full case study.

Secantor's part-time CFO suits a Reading business whose main question is strategy, funding or a sale. If the priority is reliable reporting and control, a Part-Time Finance Director is the better start. If the board needs an independent voice, consider a Non-Executive Director. For a defined project or a gap in leadership, an Interim CFO can start at short notice. Read Fractional vs Part-Time vs Interim CFO for the national picture.

What Is The Free Business Review?

Secantor's Free Business Review is our no obligation starting point for Reading owners thinking about growth, funding or a sale. We begin with a chat, then a couple of our team visit you in Reading to hear the story of your business and where you want to take it. You leave with an independent view and our recommendation of the right support. See the Free Business Review.