Hiring high-level professional help can be daunting task for most small and medium sized businesses. According to a recent study, the average annual compensation of a CFO in the UK is £100,944. This prohibitively high cost can impede a small business from hiring a CFO, all the while stopping them from making progress.
A revolution has began in this regime. The rise of many companies that offer on demand financial management are a breath of fresh air to small business owners. You can now hire top level CFOs at a fraction of the cost through consultancy services, as interim CFO.
With the need for adequate financial consulting growing due to stricter government policies for business, these services are the need of the time. With difficult tasks like marketing, sales and customer support already competing for the time and attention available to a small business owner, the added experience and time needed to perform audits, file taxes and manage the company’s financial resources adequately, can become impossible for business owners.
Now with the advent of financial consulting services, companies can acquire the services they need without hiring executives who become a burden to their already strained budgets. However, some may claim that the services offered by such agencies may be sub par. This is far from the truth. In fact, the competitive nature of the market in which they strive to gain contracts guarantees that they provide high quality services. This provides a better alternative to hiring lesser talent at a lower cost, which also results in negligible progress for a company. Thus, interim or part time finance director services are the only way to ensure that you receive high quality work for every penny you pay.
If you are a small business owner and want to make the most of your financial resources, contact Assured FD Services today to use your resources to the fullest potential. This is the best way to ensure that you make the most of your resources and grow your company at the pace you want.