Why should I use a virtual finance director?
What does a virtual finance director do?
A virtual finance director is a service offered by Pisces that they work as your own outsourced finance director. They do all the things that you would expect of a finance director. They give you advice, they run your company’s finances and they produce and file everything that your company needs for HMRC each year.
What is different from my accountant?
A virtual finance director is more involved in your business. You will have regular meetings with them, they will prepare reports that you need to help you run your business better. Reports to show you if you are spending too much or if you need to save more money to pay for your taxes. They don’t just file the accounts and the taxes, they help you get the information that you need to run your business better and more efficiently.
Would it be expensive?
Not really, typically the average finance director salary will be in the region of £100,000 per year or more. To get a virtual finance director will be far less and will only give you access to a finance director but a range of other skills such as accountants, bookkeepers, credit control staff and payroll managers. You will access to all your requirements for finance and accountancy for less than a finance director.
An easy way to grow your business
The service can also be adjusted to scale and grow with your business. If you want to start off small and have a meeting every month you can, if you feel that your needs are starting to grow you can have meetings every week and start to add in more services that you want your virtual finance director to do. You want to increase the frequency of the reports from quarterly to monthly, you can change this whenever you want.
Do you want to get clarity on your finances?
Getting clarity on your finances mean having finance professionals working in your business. It means a service that is cost efficient and scalable to what you need. One that is entirely flexible and puts you in charge of your finances and gives you the information that you need to grow in 2024. Stop feeling lost in your finances get clear on what they are and reach out and get our virtual fiancé director in your creative agency.