fb6ab525

The ACE Framework: Financial Leadership for Businesses Under Pressure, Growth and Change

Wed, 04 Feb 2026 21:05:26 GMT

Most growing businesses don’t fail because of lack of ambition. They struggle because finance doesn’t evolve at the same pace as the business.

As complexity increases through investment, growth, cash pressure or change leadership teams need more than reporting. They need clarity, control and confidence.

This is where the ACE Framework comes in. Analytical. Commercial. Excellence.

The ACE Framework focuses on four moments when experienced financial leadership delivers the greatest impact.

When investors or boards start challenging the numbers, ACE: Investor & Board Confidence ensures reporting, forecasts and cash visibility are credible and decision-ready.

When revenue grows but profit doesn’t, ACE: Commercial Performance & Growth brings clarity to pricing, margins and where value is truly created.

When cash becomes the daily concern, ACE: Cash Control & Stabilisation restores short-term visibility, discipline and stakeholder confidence.

And when businesses scale, acquire or transform, ACE: Change, Systems & Integration ensures finance evolves without becoming a bottleneck.

Different challenges. One framework. One objective: financial clarity that enables confident decisions.

If your business is facing pressure, growth or change, the right financial leadership can make the difference between reacting — and leading.

A Reminder for Our Valued Clients!

Thu, 29 Aug 2024 22:45:01 GMT

A Reminder for Our Valued Clients!

We're excited to remind you about our referral incentive program!If you know a business that could use our financial consultancy services, refer them to us and receive:

�� £250 for a 6-month retainer contract

��£500 for a 12-month retainer contract

This is our way of showing appreciation for your trust and support. Plus, you'll be helping others reach their business goals with our expert advice.

Have someone in mind? Send us a message or tag them in the comments!

Is Your business ready for investment?

Fri, 23 Aug 2024 22:45:00 GMT

Ready to attract investors and take your business to the next level?

Securing investment can be a game-changer for your business. It’s about more than just numbers; it's about presenting a compelling financial case and understanding your business’s true value. Investors look for businesses that demonstrate clear growth potential, robust financial health, and strategic planning.

Ready to attract investors and take your business to the next level?

Get in touch with ACE Finance Directors today and let’s prepare your business for success!

Different solutions we can support with

Fri, 16 Aug 2024 09:00:00 GMT

Whatever your requirement, we provide the right level of financial leadership to drive your business forward.

At ACE Finance Directors, we offer a range of flexible solutions to meet your business needs. Whether you need part-time support, day rate services, or ongoing availability, we’ve got you covered:

1️⃣ Part-Time Roles - Need a finance director but only for a few days a week? Our part-time roles typically range from 1 to 3 days a week, offering the expertise you need without a full-time commitment.

2️⃣ Portfolio-Based FD Support - Looking for expert advice on a project basis? Our portfolio-based support offers a finance director at a day rate, tailored to your specific needs over a defined period.

3️⃣ Retainer Services - For ongoing support and accessibility, consider our retainer option. This includes a monthly retainer fee, providing you with a finance director who is available for work and on call as needed.

Whatever your requirement, we provide the right level of financial leadership to drive your business forward.

Curious about how these options might fit your needs? Let’s discuss how we can support your success!

Improvements in Your business

Wed, 14 Aug 2024 22:45:00 GMT

My Top 5 Tips for Immediate Financial Improvements in Your Business

If you're looking to make some quick but impactful changes to your business finances, here are my top 5 tips to get you started. Swipe below for some simple yet effective strategies that can help you gain better control over your financial health.

1. Get a Grip on Cash Flow

2. Review Your Expenses.

3. Streamline Invoicing Processes

4. Set Financial Goals

5. Leverage Financial Technology

By implementing these tips, you'll be well on your way to better financial health for your business. Need more tailored advice? Drop me a message or visit our website to get in touch.

Your time is valuable

Tue, 13 Aug 2024 22:45:03 GMT

Ready to take the next step? Book your consultation today

At ACE Finance Directors, we understand that your time is valuable. That's why we offer flexible consultation options to fit seamlessly into your busy schedule. Whether you have just 15 minutes or an hour to spare, we're here to help you take your business to the next level.

⏰ 15-Minute Discovery Call - Got a few minutes? Our 15-minute discovery call is perfect for those quick, initial conversations.

⌛ In-Depth 1-Hour Consultation - If you have a bit more time, our 1-hour consultation dives deeper into your financial challenges and goals.

Ready to take the next step? Book your consultation today

"This isn't for me"

Wed, 07 Aug 2024 22:45:00 GMT

"This isn't for me."

You might see this post and think, "This isn't for me."

But many business owners aren't even aware of the financial issues they’re facing.

Do you recognise any of these signs in your business? If so, it might be time to consider a Fractional Finance Director.

Financial Complexity is Increasing
Inconsistent Cashflow Management
Lack of Strategic Financial Planning
Preparing for Investment or Financing
Operational Efficiency needs improvement
Transitional Phases
Lack of Financial Oversight

At ACE Finance Directors, we’re here to provide the expertise and support you need to navigate your financial challenges and achieve your business goals. Contact us today to learn more about how we can help

Exciting News!

Wed, 31 Jul 2024 10:15:00 GMT

Know someone already? Drop us a message or tag them in the comments!

Exciting news! ��

We’re thrilled to announce a new referral incentive just for you! Do you know someone who could benefit from our financial consultancy services?

Refer them to us and enjoy these bonuses:

�� £250 for a signed 6-month retainer contract

�� £500 for a signed 12-month retainer contract

It's our way of thanking you for your continued support and trust in our services.

Plus, you will be helping others achieve their business goals with our expert advice. ��

Know someone already? Drop us a message or tag them in the comments!

Referral Incentive

Thu, 25 Jul 2024 10:15:00 GMT

Exciting news! ��

We’re thrilled to announce a new referral incentive just for you! Do you know someone who could benefit from our financial consultancy services?

Refer them to us and enjoy these bonuses:

�� £250 for a signed 6-month retainer contract

�� £500 for a signed 12-month retainer contract

It's our way of thanking you for your continued support and trust in our services.

Plus, you will be helping others achieve their business goals with our expert advice. ��

Know someone already? Drop us a message or tag them in the comments!

Free Consultation

Mon, 22 Jul 2024 14:00:04 GMT

Ready to take the first step? Book your free consultation today!

Curious about how to optimise your business's financial health? We’re offering free consultations to help you get started on the path to success!

Whether you're looking to streamline your payroll, enhance financial forecasting, or scale your operations—we're here to provide expert guidance tailored to your needs.

Take advantage of this opportunity to discuss your challenges and goals with us.

Let's work together to elevate your business!

Ready to take the first step? Book your free consultation today!

Financial forecasting can transform your business

Thu, 11 Jul 2024 13:15:00 GMT

Ever wondered how accurate financial forecasting can transform your business? ��

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

Who else has a love-hate relationship with Excel?

Mon, 08 Jul 2024 10:15:00 GMT

We specialise in translating financial jargon into actionable insights! Let’s simplify your financial life.

Who else has a love-hate relationship with Excel?

When your spreadsheet formulas start speaking a foreign language, it might be a sign to bring in the experts.

We specialise in translating financial jargon into actionable insights! Let’s simplify your financial life.

Enhance your business with Data-Driven Financial Leadership

Tue, 02 Jul 2024 11:00:06 GMT

Together, we can achieve your success!

At ACE Finance Director, we specialise in scenario modelling and KPI reporting, offering the analytics that underpins your business decisions.

Our team of qualified professionals excels in planning, forecasting, and budgeting to guide your financial journey towards achieving your goals.

Our services include:

�� In-depth analysis of your financial strategic plan

��Independent performance reviews to evaluate your progress

�� Identifying quick wins and areas for improvement

✅ Strategic guidance for a prosperous future

Partner with us to transform your financial data into actionable insights and drive your business forward.

Together, we can achieve your success!

Boost your transportation tender success rates

Fri, 28 Jun 2024 12:00:30 GMT

In such a competitive industry, the tender process is hugely important for transportation companies. ��✈️

It starts with an understanding of the process and the often complex systems in place. Read the documents and learn how they work and what’s expected from your bid.

Prioritise quality control within your tender, too, which is a cornerstone in transportation.

When it comes to pricing, be competitive but not so high that they’ll be put off. Also, be transparent about all the costs to avoid roadblocks along the way.

Finally, don’t forget about sustainability, which is an increasingly important yet often overlooked feature of transportation tenders.

The best piece of advice we can offer is to speak to an expert about your tender requirements, which is where we step in.

With decades of experience and industry knowledge, we can help you write winning tenders and grow your business.

How to choose the right pricing for your business

Mon, 24 Jun 2024 09:00:02 GMT

There’s no one-size fits all pricing strategy, and yours will depend on various factors. ��

The goal is to find the most competitive and affordable price for a product or service, giving you the biggest margins while remaining competitive in your industry.

1️⃣ Cost-based pricing is popular in manufacturing, for example, and is based on production costs vs desired profit margins. It’s simple, cheap, but can be risky if you don’t make enough sales.

2️⃣ Strategic pricing focuses on your competition and you use this data to set your prices.

3️⃣ Value-based pricing is the third most popular option and is based on the perceived value of your product in consumers’ eyes.

We specialise in expert pricing advice and can help you achieve results, no matter your industry.

Five tips for budgeting & forecasting

Thu, 20 Jun 2024 10:45:00 GMT

Is the future of your business unclear? ��

Budgeting and forecasting can help you make sense of uncertainty. ��

Check out our five top tips for your budgeting requirements in the attached graphic. ��

Then, get in touch with our team of experts to supercharge your planning efforts and accurately assess the fiscal year. ��

Financial leadership tips for communicating with board members

Tue, 18 Jun 2024 11:15:00 GMT

Communicating with your board is hugely important for any finance reporting, but how do you improve it?

�� .

Put yourself in their shoes and understand they aren’t financial experts or involved in day-to-day operations. Since they’re probably very busy, keep things succinct and be ready for questions.

�� .

Objectivity is your superpower, so be open and honest about the good and bad financial situations. If you’re consistently honest they’ll trust your opinion and know they’re in safe hands.

�� .

It’s all about the big picture for board members, so context is crucial. It helps weave the narrative of smaller performance measures and provides perspective that leads to understanding.

The six stage loop of procurement

Fri, 14 Jun 2024 14:30:02 GMT

Effective procurement requires careful investigation, evaluation of providers, and expectations of supplier performance.

You’ll also need to measure and review the effectiveness of the process regularly. ��

There are six key stages of procurement and the entire process is cyclical. This means that when it’s complete, you should restart to make sure it still works for your business. ��

Take a look at the six steps and for ways to improve your procurement performance, get in touch with our experts.

Get Manufacturing pricing right

Tue, 11 Jun 2024 11:00:00 GMT

Pricing in the manufacturing process is crucial, but many businesses get it wrong. ��‍��

To ensure margins are maintained across every product group, you must base pricing decisions on actual manufacturing costs.

You should also avoid underpricing or overpricing if you want to stay competitive, and assessing profitability and evaluating performance at various stages of the production process will help you understand the profit or loss incurred.

Accurate cost info is also essential for financial reporting and ensures products are sold correctly and costs are accounted for in financial statements.

Struggling to keep up? We can assist you with all of the above and have helped countless clients in the manufacturing industry.

The ins and outs of change management

Thu, 06 Jun 2024 12:45:00 GMT

Business change can be daunting but there are lots of ways to make it simple and stress-free. ��

If you didn’t know, organisational change is the process of altering business strategy or operations. ��

Preparation starts with understanding the process and forces of change, and preparing, implementing, and following through with a coherent plan. ��

Of course, there’ll be roadblocks along the way, but proper planning and communication can help you stay the course and manage change successfully. ��

Our team has years of experience managing organisational change for businesses and can help you do the same. ��

Three types of Cashflow Management

Tue, 04 Jun 2024 10:15:00 GMT

One of the biggest mistakes businesses make is overlooking cash flow management. ��

SMEs struggle the most due to their size and ability to access financial resources, and unlike larger businesses, they rely closely on predicted monthly income to meet their financial needs. ��

If you’ve found yourself missing payments regularly, if you have negative cash flow, or if you’re constantly juggling funds to cover costs, you probably need to revisit your cash flow management systems. ��

Check out the three cash flow types and to get your business cash in tip-top shape, get in touch.

Three steps to accurate forecasts

Fri, 31 May 2024 14:45:00 GMT

Accurate forecasts can aid business growth and help you handle the unexpected.

From fluctuating economic conditions to evolving customer behaviours, reliable predictions can be a minefield for businesses. ��

However, accurate forecasts can aid business growth and help you handle the unexpected.

So, here are three ways to create more accurate predictions for your business.

For help putting together a robust forecast, get in touch.

Supercharge your business with our free audit.

Wed, 29 May 2024 10:30:00 GMT

Keen to see where your business could improve financially?

Introducing the ACE Finance Director Audit.

A free audit for your business, we help you identify areas you’re going wrong, and areas you’re going right.

As well as identifying where you can get better, we help you improve different processes within your business.

With no obligation and no cost, it could be the start to a clearer path forward for your organisation.

Drop us a line to book in your free audit today.

Critical data - cut the noise

Tue, 28 May 2024 12:45:00 GMT

Something I’m coming across more and more is disparate data, but what is it and how do you spot it? ��

Disparate data is basically inaccurate info that comes from having too much coming in from different sources.

Sales figures, operational metrics, #market trends, and more, excessive data can lead to confusion and inaccuracies.

Data governance is a practice that helps you prioritise quality over quantity and manage your #data more effectively.

This allows you to integrate it from various sources such as #accounting systems, reports, and spreadsheets, finding the single source of truth.

The result? Unlocking your business’ potential and understanding your #financial position.

Three ways to reduce business costs

Thu, 23 May 2024 15:30:00 GMT

The job of an outsourced FD can be complex, but reducing costs is a brilliant springboard for success. ��

There are lots of time-consuming, complex ways to do this, but there are three places you can start that shouldn’t be too much effort.

These quick-wins could be game changers for your business, so try them before going into anything more complicated.

Take a look and get the ball rolling on reduced costs today.

Are you equipped to handle supply chain disruptions?

Tue, 21 May 2024 13:15:00 GMT

Supply chain disruptions can throw off a perfectly good budget, especially in 2024. ��

Lots of CFOs are citing this as a core issue in 2024 due to global uncertainty both politically and economically.

So, how do you minimise the effects of supply chain disruptions?

�� Diversify the ways you source your materials or technology.

This helps you plan for the unexpected more effectively and doesn’t derail your business if one avenue fails.

�� Improve supplier relationships.

Making sure you’re in their good books can lead to better rates and more predictability in the future.

�� Factor in potential disruptions.

Forecasting and scenario planning helps you prepare contingency plans to navigate choppy waters.

I don’t say this enough, I love my job!

Mon, 20 May 2024 13:00:30 GMT

I don’t say this enough, I love my job!

Not only is it incredibly varied working across multiple sectors and industries, but I love the challenge.

Helping to transform a business for growth, recovery, and more, there’s nothing more exciting than getting results.

Fortunately for my clients, results are what I deliver, whether it’s streamlining and improving financial processes, finding areas of improvement, or establishing strategies that can boost your profitability.

What are the things you love about your job?

As a fractional FD, I’m really enjoying what GrowCFO are providing.

Thu, 16 May 2024 14:00:08 GMT

As a fractional FD, I’m really enjoying what GrowCFO are providing.

I recently joined one of their webinars regarding business valuations and why they’re important, which had two key takeaways:

➡️ When valuing a business for tax purposes, you should be more conservative.

➡️ When valuing for sale, you’re more optimistic as you’re trying to sell the business.

Of course, there are different ways of valuing a business and it comes down to what someone will pay for it, but this simple advice can help you when valuing yours.

I’d highly recommend GrowCFO to any finance professional looking to develop their skillet!

The soft skills a CFO brings to the table

Wed, 15 May 2024 11:00:00 GMT

Bringing a CFO into your business isn’t just about analysing numbers. ��

Instead, you’ll find yourself with a strategic adviser in your firm, helping you with the following “soft skills”:

��‍��‍��

This involves speaking with stakeholders about your finances and driving improvements.

��

This involves streamlining processes and helping you understand your finances.

��

A CFO will find weaknesses in your approach and ways to improve.

��

They’ll speak to people at every level of your business, involving them and encouraging participation.

��️ ��

This is used across the board to explain complex financial processes simply.

The power of collaboration in your business

Mon, 13 May 2024 09:45:00 GMT

How open is your finance team to new ideas from your wider organisation? ��

Employees across a business will generally have valid insights into customer behaviours and your business operations.

To promote innovation and growth, you should always try and collaborate with more people, rather than just the number crunchers or higher-ups.

Learning along the way and developing strategies that align with everybody could be a recipe for success for your business.

So, encourage communication between more people in your team and reap the benefits.

When was the last time you checked your business statements?

Fri, 10 May 2024 13:30:03 GMT

Check your business bank statements!

Business owners are often so busy that they forget about the expenditures leaking out of the business. ��

Outdated systems, subscriptions for packages that are defunct, and all kinds of direct debits soon add up and can be a strain on your organisation. ��

It sounds like a simple piece of advice, but just last month we identified over £5k of expenditure per month for a client, linked to systems they don’t use and didn’t realise were still being paid for. ��

So, one of the most straightforward and effective pieces of advice we’ll ever offer on social media is…

Check your business bank statements!

The 3 Cs of commercial pricing

Wed, 08 May 2024 11:30:00 GMT

There are �� when setting prices as a business.

These are… ��

✅ ��.

Understand all product costs from development to production, advertising, and more.

✅ ��.

Up-to-date analysis of competitors helps position your brand in the market.

✅ ��.

Learn consumers’ requirements and what they think of you, your competition, and your industry.

A New partnership with Signature Associates

Tue, 07 May 2024 10:00:00 GMT

I’m always on the lookout to grow my service offering and better help my clients. ��

With that, I’m extremely proud to welcome Signature Associates as a partner to ACE Finance Director! ��

Helping us enhance our offering with human resources and finance specialists, we’re able to provide holistic solutions to drive financial growth.

This is great news for my clients, and helps you provide:

✅ Operational excellence

✅ Employee satisfaction

✅ Better recruitment

✅ Robust retention strategies.

Drop us a message to see how we can help your business thrive.

Welcome to ACE Finance Director

Wed, 01 May 2024 03:45:00 GMT

�� ?

An outsourced or fractional finance director services company focused on the development of small to medium-sized businesses.

With more than 20 years of experience in financial accounting, holding a number of critical roles before founding ACE Finance Director in September 2021. My skills cover numerous fields, including:-

1️⃣ Financial management

2️⃣ Financial governance

3️⃣ Business growth plans

4️⃣ Cash flow analysis

�� ?

We work with small to medium-sized enterprises seeking enhanced financial management, often ahead of the introduction of long-term growth plans. My experience in financial accounting is transferable across a range of different business activities and opportunities.

�� ?

The business incorporates a range of services with our packages moulded around the requirements of individual clients. I’ve helped companies by…

�� Translating strategic goals into comprehensive financial plans

�� Enhancing reporting insights to provide clearer information for strategic decision-making

�� Managing the financial health of the business.

�� Offering valuable insights on client and service profitability and pricing

��Driving process improvements and efficiencies through automation and system migrations.

�� - Supporting & developing team growth and knowledge.

This is just a selection of the many skills I have developed over the years and the services provided by my company.

How's your 2024 plans?

Tue, 30 Apr 2024 10:30:00 GMT

I keep on banging on about my New Year’s resolution to get more networking done. ��

Well, I’m not about to stop now! Because I’m actually sticking to it this year (depending who you ask)...

So, across the years, one of the networking groups I am massively enjoying attending is Kent Invicta Chamber of Commerce's events.

If you're in the local area and looking to up your networking game, or looking to grow your networking opportunities, I'd highly recommend it!

Happy Anniversary

Mon, 29 Apr 2024 10:00:19 GMT

Time flies when you’re helping countless clients with their financial health. ��

2024 is a significant year for ACE Finance Director owner Daryl Gilley, who celebrates 25 years in the financial industry.

In this time, he’s learned a lot and worked with companies in all kinds of industries, with his expertise and knowledge growing in spades over the years.

All of this results in a fantastic service being offered to our clients, so visit our website to see how we can help you.

Reduce business risk in 3 steps

Thu, 25 Apr 2024 11:30:00 GMT

Helping you navigate choppy waters and move forward, here are three ways to reduce risk in your organisation.

Three ways to reduce risk as a business.

Risk management is crucial for businesses in all kinds of industries.

Take a look and for more guidance around your business’ financial health, get in touch.

Finance Automation

Tue, 23 Apr 2024 10:30:00 GMT

Let me know how you’re maximising automation in your workplace.

It feels like the Windows 98 release was two minutes ago, so I have to admit, I’m amazed at the stuff automation can do!

For starters, automating financial processes can free up your team to focus on your business operations, which is great news for efficiency.

It also reduces the costs of processing data that can be handled much quicker with #automation.

On top of this, data helps you better identify trends and historical #data, which you can use to anticipate demand fluctuations more accurately.

Throw in the ability to create more sustainable, long-term practices in your business, and there’s a strong argument for embracing automation.

Let me know how you’re maximising automation in your workplace.

Happy International Earth Day!

Mon, 22 Apr 2024 10:30:00 GMT

Happy International Earth Day! ��

As a business, it’s important to be as environmentally conscious as possible.

Not only does this help you do your part for the world we live in, but it also helps your growth.

Why? Because consumers buy from businesses who take sustainability seriously.

From packaging to practices, initiatives, and more, are you taking the environment seriously within your organisation?

Case Study - Record Label

Thu, 18 Apr 2024 13:30:01 GMT

Using strong accounting knowledge and communication skills, we fulfilled all the requirements asked of us and more.

We've recently worked with a client who was an independent record label who needed to ensure audit deliverables were dealt with and the audit was completed. ��

They also needed improvements made to financial processes and accurate accounting entries for the financial year. ✅

We worked with department heads and the company owner to set up best practice guides for the finance department and organisation. ��

Using strong accounting knowledge and communication skills, we fulfilled all the requirements asked of us and more.

Free business audit

Wed, 10 Apr 2024 12:15:00 GMT

I’m currently offering a free audit for businesses, but what does it include? I hear you ask. ��

Using my years of experience across multiple industries, the free business audit is built to evaluate your business.

Specifically, I’ll look at your finance team’s performance and see what they’re doing right and where they may be going wrong.

I’ll also examine other areas of your business such as reporting, systems, and pricing, looking for ways to refine and enhance.

Once the audit is complete, I’ll run through improvement and growth opportunities for your business.

I can also work alongside your existing finance team to implement changes and carve out a path to success.

Click on contact to check on your company’s financial health.

The kinds of clients we work with

Tue, 09 Apr 2024 11:15:00 GMT

With experience in financial accounting that’s transferable across multiple industries, we provide unique opportunities to businesses looking to grow.

If you tick any of the below boxes, we’re probably well-matched.

✅ You’re a small or medium-sized enterprise seeking better financial management.

✅ You’re committed to long-term growth, but aren’t sure where to start.

✅ Your processes, systems, and reporting could be more efficient.

✅ You want to grow your knowledge as a team.

With experience in financial accounting that’s transferable across multiple industries, we provide unique opportunities to businesses looking to grow.

For more information about our service, get in touch.

Reach your financial goals as a business

Thu, 04 Apr 2024 14:00:19 GMT

Five steps to turning financial dreams into reality for your business.

1️⃣ Create a clear plan with achievable, but ambitious goals.

2️⃣ Make sure you outline definitive steps and actions to hit your objectives.

3️⃣ Be specific with your goals so you’re more likely to achieve them.

4️⃣ Track key performance indicators to stay on track.

5️⃣ If needed, make relevant adjustments.

One final step? Get in touch with ACE Finance Directors. Contact us to find out how we can help.

Don't leave your team in the dark

Mon, 01 Apr 2024 11:00:03 GMT

The importance of employee buy-in for your strategic plan. ��

Having a strategic plan in place is crucial, but keeping it to yourself or at board level is detrimental.

Make sure your team is involved with business objectives at all times to encourage participation and progress.

Doing so increases the chances of success and boosts enthusiasm and trust from your people.

This all-together approach then has more chance of success from a strategic perspective.

For more information about your strategic plan, visit our website.

#strategicplan

#financialdirection

#employeebuyin

Why data is the backbone of growth for startups.

Mon, 01 Apr 2024 09:15:00 GMT

One of the most important aspects of scaling as a startup? ��

��. ��

In a results-driven world, data can be gold dust for companies looking to scale.

It’s also a must-have from an investor’s perspective, most of the time.

Not only can data prove financial stability, but by using insights and analytics, you can demonstrate growth potential to investors.

With decades of combined experience in securing funding for businesses in all kinds of industries, we can help you use data to your advantage.

Ways to reduce your tax bill for 2023/24 return

Fri, 29 Mar 2024 12:00:13 GMT

I want to pay more tax - said no one ever.

Let's face it no one likes to pay tax and your accountant will be great at ensuring you are compliant and can provide some suggestions to reduce your tax bill.

Here are three easy ways to reduce your tax bill this coming year:

Make pension contributions
Make charitable donations
Claim your business mileage, a % of your household bills if you work from home and if you wear any sort of uniform or protective clothing to do your job, that's also allowable.

As fractional finance directors we try to be a bit more creative and believe that your profits can be used to reduce your tax bill whilst investing in your business growth plans:

Establish a strong board, utilising a fractional FD brings the experience and expertise required but is more flexible and cost effective than recruiting
Enhance your sales process to increase your lead generation
Exhibit at a trade show for your target customers
Invest in quality control resource
Invest in a staff retention strategy including reward and training / development

Happy Easter

Thu, 28 Mar 2024 14:15:00 GMT

Happy Easter from ACE Finance Directors! ��

With Easter on the horizon, I'd like to wish you and your family a happy Easter!

Whatever your plans, I hope you have a great break and, of course, the odd Easter egg here and there.��

Have a great weekend, everyone! ❤️

Free business audit to get your business finances in check

Thu, 28 Mar 2024 13:00:02 GMT

Ready for a �� ’ ��?

If you feel like your financial goals aren’t being met, you’re struggling with cash flow, or your finance team could use a helping hand, I could be of help.

Offering an objective, expert view of your processes, systems, and financial planning, my free audit uncovers roadblocks and finds ways to improve.

I’m committed to the success of your organisation, and have a track record of helping businesses succeed.

Drop me a DM to find out more! ��

#financiadirector #outsourcedfinancialdirector #outsourcedFD #fractionalFD

Case Study: Chocolate Manufacturer

Wed, 27 Mar 2024 11:45:00 GMT

We recently helped a luxury chocolate brand with a number of financial issues. ��

During a tough time for the company, they needed price modelling for products, clearer budgeting, and better forecasting.

Over six months, we added significant value to the business by improving month-end processes, building integrated cost and pricing models, and improving and simplifying complex systems.

The work also meant articulating changes to various people in the company, including the board, who relied heavily on our input for decision-making.

Plan for profit in manufacturing

Mon, 25 Mar 2024 11:30:00 GMT

�� . ��

Cash flow projections and forecasts are an estimation of money coming in and out of your business. ��

In manufacturing, this includes everything from expensive machinery and technology to supply chain disruptions, rising costs, and more.

You can stay ahead of these kinds of issues by finding patterns in historical data like seasonal trends, for example.

Combining this with a complete overview of your known incomings and outgoings, you can create a forecast on a weekly or monthly basis, updating it regularly for the most accurate picture.

To meet any problems head-on in manufacturing, visit our website and let’s discuss your requirements.

Your free business financial audit

Fri, 22 Mar 2024 13:30:01 GMT

Would you like to evaluate and improve your financial capabilities? ��

We’re offering a free introductory audit for businesses in all industries to help you identify problems, successes, and areas to improve in your organisation. ��

A completely free, no-obligation process, it can provide clarity and a way forward for your company. ��

Get in touch with ACE Finance Director at the link below if you’d like to find out more. ��

#BusinessForecasting #FinancialForecasting #FinancialDirector

We all speak the language of CASH

Wed, 20 Mar 2024 12:30:00 GMT

As a fractional FD, I’m fluent in many languages… ��️

No, not French or Spanish… well, maybe after a whiskey or two!

My experience has allowed me to work alongside board members to sales teams, operations staff, and everyone in between.

My role is to speak in a way that everybody understands - a conductor of an orchestra if you will.

Not everybody is an accountant or understands the ins and outs of finances. Finance can get tricky, believe me, I know!

There are loads of financial terms and reasoning behind reports and ideas I might propose. There’s also lots of jargon, which I hate with a passion.

So, while I wouldn’t get far in a foreign-speaking country, I can work wonders for your business by translating and simplifying the important aspects of your finances.

Drop me a message to get started.

#Financialfluency #FractionalFD #outsourcedFD

How we work with your finance team

Tue, 19 Mar 2024 12:00:01 GMT

ACE Finance Director �� Your finance team.

Many people think an outsourced FD is a replacement for an existing finance team, but this isn’t the case.

Here are five ways we work together with your current team to deliver fantastic results.

#financedirector #outsourcedFD

What a Fractional FD brings to the table

Fri, 15 Mar 2024 12:30:00 GMT

Some of the common issues that we address

Part-time Finance Directors bring several skills to the table which address a number of common issues seen by small to medium sized businesses.

��Financial Strategy and Planning: Design your financial roadmap and align it with your growth goals.

��Owner / Investor Confidence: Commitment to transparency and governance, boosts confidence in the financial performance and likelihood of ROI

��Fundraising Readiness: Financial models, investor pitches, helps navigate the investment rounds successfully.

��️Operational Efficiency: Optimises financial processes, even before getting funding and ensures smooth operations.

��Risk Mitigation: Identifies and reduces financial risks and protects a company's health.

��Strategic Decision-Making: Financial expertise to guide critical decision-making

Some of the common issues that we address:

��Running out of cash, due to a high burn rate

��Poor quality of management information

��High customer churn

⚠️Lack of focus and direction

��Discrepancy between reality and the expectations

Externality-proof your business

Thu, 14 Mar 2024 15:00:00 GMT

Are you externality-ready as a business? ��

Externality is a cost or benefit that a company bears the brunt of, but had no part in. ��

This may be in your industry, in society, or somewhere else completely, and the effects can be positive or negative. ��

There are many ways to combat externality, and one of those is with effective scenario planning. ��

This is the practice of planning for any and all situations and ensuring your business is equipped to deal with whatever the world throws at it. ��

We specialise in strategic planning and can help you plan for anything. ��

Find out more: https://lnkd.in/abc1234

#strategicplanning #externality

Excellence as standard

Tue, 12 Mar 2024 11:00:00 GMT

I’m delighted to announce that I’ve joined forces with Cain & Co Bookkeeping Services (UK) Limited! ��

By teaming up with such an esteemed, specialist company, we can provide first-class bookkeeping and payroll services to our clients.

But what does this mean for you, I hear you ask? ��

�� 100% accuracy when it comes to monthly accounts.

�� Financial insights and advice to help you scale.

�� The time and space to focus on your business.

It all starts with a chat, so if it could be of interest, drop me a message to streamline and improve your bookkeeping. ��

#bookkeeping #payroll #outsourcedFD

Glue your business pieces together

Mon, 11 Mar 2024 11:15:00 GMT

Finance directors bring an objective, expert opinion to your company. ��

They act as a “critical friend” to ensure your decisions are financially prudent and make sure they don’t rock the boat in the process.

For the relationship to work, communication is crucial, and everything is explained in terms of the bigger picture and the future.

Most importantly, a strong FD brings everything back to one central plan, with the flexibility to adapt and the ability to model new scenarios and change financial priorities if needed.

Essentially, they’re the glue that holds your operations together and helps you plan for the future.

For the specific ways we can help your business, visit our website.

#acefd #financedirector

Make sure the price is right in transport / logistics

Fri, 08 Mar 2024 14:30:03 GMT

�� ?

Here’s five top strategies to help you thrive. ✋

1️⃣ ��-�� .

Add a markup to all production costs based on your industry, market trends, and supplier costs.

2️⃣ ��-�� .

Research similar services/products and adjust your rate in line with your competition.

3️⃣ ��-�� .

Base prices on customers’ perceived value of a product or service and the unique value you add.

4️⃣ ��-�� .

Offer discounts in peak seasons when demand is higher, and maximise profits.

5️⃣ �� -�� .

Holistically consider market trends, customer relationships, and your portfolio to reduce costs and boost returns.

Of course we think we're ACE

Thu, 07 Mar 2024 15:00:00 GMT

The services of an outsource finance director

It’s easy enough for me to say I’m a professional outsourced finance director with vast experience at the board level, but the key question I always get asked…

What do I actually do for my clients?

It’s a great question, so let me break it down. ⬇️

�� Analytical services.

This starts with an independent review of your financial strategic plan, an evaluation of your journey to date, and ways to improve.

This plan can cover everything from management accounts to cash flow reporting and forecasting.

�� Commercially focused services.

I provide innovative expertise to drive financial growth and strengthen your operations and processes. This comes in the form of optimised pricing strategies, forecasting, and annual budget planning.

�� Excellence services.

As well as a best-in-class bookkeeping service and accounting compliance, I deliver strategic financial planning, analysis of customers and products, and more.

Why some manufacturers run out of cash

Mon, 04 Mar 2024 07:30:00 GMT

Drop us a message if you need help with your cashflow

There are a number of reasons why businesses run out of cash, here's a couple

Not pricing correctly
Poor stock management
Don't forecast cashflow
Poor payment terms
Not taking deposits
Do not execute credit control

Newsletter #6

Wed, 28 Feb 2024 07:45:03 GMT

As a fractional FD, I’m here to help manufacturing and transport businesses improve systems, boost revenue, and plan for growth.

HOW WE WORK

Streamlining Processes & Getting Results

I’m Daryl Gilley, owner of ACE Finance Director, and I have over 20 years of experience in finance, with over a decade at board level. Helping organisations like yours with financial management, governance, cash flow analysis, and more, I provide an expert eye over your business to help you grow.

Whether part-time, project-based, or on a monthly retainer, I work around your requirements and with your existing finance teams, if required. Thanks to a flexible, friendly approach, I deliver boosted revenue, robust financial models, and the tools to fulfil your growth potential.

and refine targets to reach your goals.

IMPROVING YOUR BUSINESS

What is ACE Finance Director?

ACE Finance Director is peace of mind for your business’ finances. With expertise in the manufacturing and transport sector, I provide financial leadership, control, and a cost-effective service built around your requirements.

The three overarching services I provide are:

1. Analytical.

Data-led strategic planning that includes cash flow forecasting, reporting, and management accounts.

2. Commercially focussed.

Annual accounts, modelling, scenario planning, and pricing strategies.

3. Excellence.

Financial analysis of customers and products, bookkeeping, and robust financial planning.

All of this helps your business outperform your competitors and thrive in your industry.

LINKEDIN ARTICLE

Grow Your Business For 2024 In Five Steps.

Cash flow forecasting helps you predict the money coming in and going out of your business based on past performance. In manufacturing, it can provide predictability and stability in an uncertain industry, and help you plan for the future.

https://acefinancedirector.co.uk/grow-your-business-for-2024-in-fuve-steps

CASE STUDY

ACE Finance Director helps a luxury chocolate brand to raise £10m in funding and product profitability analysis leading to pricing negotiations with retailers

I was recently approached by a luxury chocolate manufacturer experiencing in a challenging time for the business with Inflation significantly impacting cashflow and restricting growth plans.

By building comprehensive financial models and carrying out financial necessities like budgeting and cash flow forecasting, I got into the nitty gritty of their requirements and discovered what was and wasn’t working.

Communicating complex financial information simply to board members who relied heavily on my input, I established robust governance, solved problematic areas of their finances, and made sure systems were in place, even when I wasn’t there.

The client was ecstatic with the results.

OUR PROMISE

Delivering On Expectations

I’m adaptable to your needs and pride myself on delivering a first-class service to my clients.

By building long-term relationships and providing peace of mind, I provide support and team development, deliver improved processes, and bolster the financial health of your business.

Three ways to make sure your forecasts are within reach

Tue, 27 Feb 2024 12:45:00 GMT

Are your cash flow forecasts ��? ��

Ambitious projections are great, but they have to be grounded in reality.

The three recommendations below help your business improve if things are negative and #invest or expand if positive.

#cashflowforecast

#cashforecasting

#cashflowforecasting

#businesscashflow

Grow Your Business for 2024 in five steps

Fri, 23 Feb 2024 17:00:01 GMT

Business growth doesn’t have to be complicated.

By following these five simple steps, you can all but guarantee a financially successful 2024 (and beyond) for your organisation.

Let’s explore these five key steps in detail and discover some of the ways you can improve your financial health in the year(s) to come.

1. Critique 2023.

Often, the best way to predict the future is by looking at the past.

Take a critical eye to 2023 and examine what went wrong and what went right in your business. Look at the impact key moments had on your profit, debt, and close ratio, which are crucial KPIs for growth.

With this data established, you should be able to come up with a robust spending plan for the year ahead, using the latest financial records you now have available.

2. Create a strategy.

Uncertainty is rife at the moment, but you can formulate a business plan that puts into action the things you’ve learnt in the previous step.

When developing your strategy, consider sales, finances, marketing, and business development, all of which are interconnected, and incorporate contingencies for market/business disruptions.

3. Use data.

Data should be the backbone of every financial decision you make in 2024 if you want to achieve the best results.

There are lots of analytical tools to help you make data-driven choices, and you should track customer behaviour, marketing campaign performance, and other insights to help you refine and develop your strategy.

4. Incorporate automation.

Efficiency in the workplace can be hugely improved with operational automation, especially for processes that take your staff a lot of time.

As well as freeing up valuable assets, i.e. your employees, to focus on other important areas of your business, you can also improve accuracy and reduce human error to zero with the right automation tools.

5. Consider sustainability.

In the modern world, customers look for sustainable practices from the businesses they buy from.

This may come in the form of sustainable packaging, production, or sourcing, and as well as demonstrating a commitment to social responsibility, you can positively impact your bottom line and efficiency, and even find unique cost savings.

So by, being as sustainable as possible, and shouting about it, you will likely boost your reputation and better generate growth. In other words, it’s a win/win!

Conclusion

As a fractional finance director, I have over 20 years of experience in the industry, with over a decade operating at board level. With expertise in all kinds of different industries, I can help you improve systems, plan for growth, and increase your revenue.

This is achieved through detailed financial management, cash flow analysis, and governance, all of which can be tailored to your requirements. With a flexible approach and part-time, monthly, and project-based options available, I can help you improve your business practices and reap the rewards of better financial health.

To find out more about the many ways I can help your business, drop me a message.

Focus on your business and leave the bookkeeping to a professional

Thu, 22 Feb 2024 14:45:00 GMT

What’s the point of outsourced #bookkeeping? ��

Bookkeeping can be time-consuming and expensive to handle in-house.

Thanks to our new partnership with Cain & Co Bookkeeping Services (UK) Limited, we can handle this for you.

With a first-class #bookkeeping and #payroll provision, you can save time and focus on what’s important in your business.

It also means you’ll enjoy 100% accuracy on your monthly accounts processing as well as access to a range of #financialinsights and total #compliance.

So, if your business bookkeeping is becoming a burden, get in touch with ACE Finance Director.

Come and meet the team

https://www.bookkeepersuk.com/meet-the-team/

https://lnkd.in/abc1234

#outsourcedbookkeeping #businessbookkeeping #financehelp

Boost the financial health of your company

Tue, 20 Feb 2024 11:30:00 GMT

One of the first things I get asked by clients is how a finance director can help their business, not to mention a fractional FD.

So, here are a few answers and ways an outsourced FD can boost the financial health of your company.

�� .��

We aren’t emotionally invested in your brand, so our advice is not only specialist but also objective.

�� . ��

I have over 20 years of experience in finance and have worked with countless clients across multiple sectors.

��. ��

Rather than an in-house FD, an outsourced alternative helps you keep costs down. We’re here when you need us and you don’t have to commit to a full-time hire.

��. ��

Flexibility is the big one for fractional FDs. For example, I can help in a part-time capacity, on a day rate for a set period, or on a monthly retainer where I’m available for work and calls.

Feel free to get in touch for your��, �� .

#outsourcedFD

#fractionalFD

#outsourcedfinancedirector

Manage change and move forward

Mon, 19 Feb 2024 11:45:00 GMT

Is your business experiencing change? Here’s how to manage it. ��

Change #management starts by demonstrating to your team why change is necessary, with the pitfalls of remaining the same.

But don’t go too far and change everything, as there will be strengths you have as a business that may be compromised.

Communication is paramount and helps avoid confusion in your team.

To encourage buy-in from key people, paint a clear picture of the present and how things could be more successful with the right kind of change.

For advice regarding change management, speak to an expert at ACE Finance Director.

#changemanagement

#businesschange

#change

Is a Fractional FD right for you ?

Thu, 15 Feb 2024 13:45:00 GMT

After speaking to clients this week, I realised that most didn’t know if an outsourced FD was right for them before they spoke to me.

So, if your business is…

�� Experiencing change.

�� Launching a new product.

�� Looking to expand.

��Struggling with budgeting.

��Trying to figure out cash flow forecasting and financial analysis.

It may be worth a conversation.

I'm offering a free consultation to start 2024, which will allow us to see whether or not I can help.

#outsourcedfd

#fractionalfd

#financedirector

#businesscashflow

Five crucial habits for successful cashflow management

Wed, 14 Feb 2024 12:30:00 GMT

How well managed is �� ?

Keeping track of your financials is crucial in any business, so here are five quick strategies to manage your cash flow effectively.

These will put you in good stead for your cash flow management and help you streamline, plan, and stay in control of your financial situation.

#cashflowmanagement

#cashflow

#businesscashflow

Five steps to strategic success as a startup

Mon, 12 Feb 2024 11:00:02 GMT

Strategic planning is crucial as a #startup, but it doesn’t have to be complex. ��

Breaking things down into actional, manageable steps is the best place to start and simplifies the process hugely.

Design your strategic plan the same way you would with any action plan, starting with five key phases.

Take a look and to get your strategic plan off the ground, get in touch.

#strategicplan

#startupplan

#businessplan

#financialplan

Protect your business with an economic moat

Fri, 09 Feb 2024 16:00:00 GMT

How deep is your economic moat?

A term made popular by Warren Buffet, an economic moat is your business’s ability to maintain a competitive edge in your industry.

You can create more of a “moat” to protect your business in a number of ways, such as:

�� Accessing cheaper materials

�� Creating cost advantages your competitors can’t replicate.

�� Maximising intangible assets like patents, brand recognition, and size.

You can also achieve a soft moat with exceptional management, a unique corporate culture, or strong financial leadership.

Which is where we step in. Our financial guidance can take your business to the next level, no matter your size or industry.

#economicmoat

#financialmoat

#financialadvice

My support and advice can help your business with:

Wed, 07 Feb 2024 14:15:00 GMT

My support and advice can help your business with:

I've made a lot of new connections on LinkedIn lately, so I thought I'd introduce myself.

For those who don’t know, I’m Daryl. Nice to meet you! ��

I’m a CIMA-qualified accountant with over 20 years of experience in finance, and my passion is to help your business grow as an advisor to your board and senior leadership team.

Working with various-sized businesses in all kinds of industries, I have a track record of helping companies:

�� Transform #strategicgoals into concrete #financialplans.

ℹ️ Improve strategic decision-making and #reporting insights clearly and effectively.

�� Manage the financial health of the organisation.

�� Provide valuable #businessinsights on client #profitability and service pricing.

�� Improve processes and efficiencies with #automation and system migrations.

�� Support team growth and develop collective knowledge.

I’m flexible in my approach, with consultation on special projects, interim or portfolio work, and part-time support at CFO/FD level all in my wheelhouse.

I'm always open to jumping on a call to connect with other individuals. Just drop me a message to get something arranged.

#FinancialDirector

#OutsourcedFD

#FractionalFD

#ACEFinanceDirector

Understand your strength and weaknesses with a free audit

Tue, 06 Feb 2024 11:00:01 GMT

For those unsure about our services, we’re offering a �� . ��

This will evaluate your current performance and offer guidance on where to improve. ��

But it ��’�� .

In fact, we work with lots of finance professionals and can help move your business forward together.

To find out more about our audit, get in touch.

#FinancialAudit

#FinanceDirector

#ScaleYourBusiness

#GrowYourBusiness

#StartUps

Newsletter #5

Fri, 02 Feb 2024 17:00:00 GMT

Welcome to our newsletter

If you’d like to create a strategic plan you’ll stick to, learn how bookkeeping can be simple, and reduce risk in your business, you’ve come to the right place.

BUSINESS IMPROVEMENTS

Strategic Planning In One To Five.

67% of strategic plans fail due to poor execution.

This is alarming, and poor planning could mean your business can’t scale or succeed long-term.

However, strategic planning is easy when you follow these five simple steps.

1. Start with a plan.

Be ambitious, but realistic, and base plans on competitor/industry analysis.

2. Prepare SMART targets.

Specific, measurable, achievable, realistic, and time-bound targets are easier to hit.

3. Communicate.

Speak to your team as they’re the ones implementing your strategy!

4. Track progress.

Refer to your SMART targets to keep things on track

5. Review.

Review after a set time and refine targets to reach your goals.

NEW PARTNERSHIP

Bookkeeping Made Simple With A New Partnership

We’ve joined forces with Cain & Co. Bookkeeping Services to provide a first-class bookkeeping and payroll provision.

What does this mean for you, I hear you ask?

100% accuracy on monthly accounts processing.
Financial insights that help you grow.
Time to focus on what matters…your business.

LINKEDIN ARTICLE

The Importance Of Cash Flow Forecasting In Manufacturing

BUSINESS SUPPORT

How To Tackle Rising Living Costs As A Business

Rising costs are a challenge to business owners around the country, but how do you control them?

Start by assessing your existing costs and find cheaper, but still as effective, alternatives. You might find cheaper materials in the UK that can reduce shipping and import costs.

Energy is another common issue, so renegotiate supply contracts if you can. It’s also worth installing energy-efficient lighting and smart metres, and turning off equipment when not in use.

Finally, you can consider raising finance. This is great for business owners with long-term prospects and can help you handle overheads and stay ahead of the running costs.

Better yet, speak to an expert who has the experience and knowledge to help your business thrive financially.

To streamline your finances and find ways to scale, drop me a reply to this email.

BUSINESS PLANNING

Is Your Business Cash Flow In Order?

Cashflow is the lifeblood of your business, and without it, you’ll fail to provide the best service to your clients.

PwC’s annual global CEO survey highlights the importance of cash flow and what 2024 means for business models.

It also provides information on what top CEOs around the world predict for the years ahead.

While there’s general optimism for 2024, CEOs are concerned about the viability of many businesses without reinvention, innovation, and adaptation to changing market dynamics.

The key driver of growth in these times of change? You guessed it. It’s your cash flow.

What I think about the rising cost of debt !

Thu, 01 Feb 2024 11:00:00 GMT

A client recently asked me what I think about the rising cost of debt, due to inflation. ��

For me, there are four ways you can combat this.

The first is reducing your level of debt, which isn’t always a possibility.

The second is reducing asset intensity, which again, isn’t always an option.

You can also increase your hurdle rate for investments, but this is a riskier option if you can’t deliver what you promise.

Then, there’s my favourite option, tightening working capital.

This is more achievable for most businesses if you carry out a deep-dive into your finances and implement some clear planning.

Raising funds in an uncertain 2024

Wed, 31 Jan 2024 16:00:00 GMT

How do you raise funds in uncertain times?

To combat economic uncertainty and raise funds in 2024, you should:

1️⃣ Leverage your company’s value proposition, showing how you provide value to market needs.

2️⃣ Show off your track record of resilience for added confidence.

3️⃣ Focus on financial improvement across every department in your business.

But first, take a step back and look at your financial activities objectively and strategically.

From this vantage point, you can review and create a plan to move forward.

The low-down on roll-forward financial forecasting

Mon, 29 Jan 2024 11:00:07 GMT

What is roll-forward #forecasting and how can you use it as a business?

Roll-forward forecasting allows you to project future performance using existing information and trends.

This provides you with a #datadriven foundation, rather than starting from scratch.

A key benefit of the approach is that it ensures your projections are aligned and up-to-date.

This makes #planning for the future much more realistic, #growth more attainable, and helps you plan for fundraising.

Five tips for better financial forecasting.

Thu, 25 Jan 2024 16:00:00 GMT

Improve your cashflow forecasting in five simple steps ✋

Managing cashflow is paramount in business, but looking forward is even more important.

It helps you see where you’re at now and plan ahead for the future so your company can grow.

Follow our five steps for better cashflow forecasting and for expert advice, get in touch.

#CashflowForecasting #FinancialForecasting #FinancialDirector

Let me introduce ACE Finance Director

Wed, 24 Jan 2024 14:00:00 GMT

For those who are new to my LinkedIn, I’d like to introduce myself.

I’m Daryl Gilley, ACMA CGMA, and owner of ACE Finance Director. ��

With over 20 years in finance, I’ve operated at board level since 2016.

Constantly adapting to the ever-changing world of finance, I help you steady the ship and plan properly for the future. ��

I specialise in strategic planning, forecasting, budgeting, cashflow management, and financial leadership, and have done for businesses in multiple industries.

In simpler terms, I create systems that solve problems and help you grow.

I’m always open to jumping on a call to get to know you. So, if it’s of interest, drop me a message. ✉️

#OutsourcedAccounting #OutsourcedFinance #OutsourcedFD

The ways we can help your business.

Tue, 23 Jan 2024 11:15:00 GMT

How does ACE Finance Director operate?

In a nutshell - we’re here whenever you need us.

With this in mind, we offer the following services that can be tailored around your needs:

1️⃣ Part-time: Between one and three days a week.

2️⃣ Project-based: A day rate over a specific period.

3️⃣ Retainer: A monthly fee with availability when you need it.

Ready to find out more? Let’s talk.

#FinancialLeadership #FinancialAdvice

Three ways to reduce risk for your organisation

Fri, 19 Jan 2024 14:30:00 GMT

Three ways we reduce risk for your business. 3️⃣

Hiring an Fractional FD is a sure fire way to financial success.

But what about risk? Find three ways to reduce risk and boost confidence in your business plan.

Then, get in touch to find out more. ✉️

#FinancialRisk #FinancialForecasting #FinancialDirector

Fractional Finance Directors support

Tue, 16 Jan 2024 12:30:00 GMT

Lots of business owners assume that outsourced FDs have to replace people in their organisation.

However, I’m here to tell you that this is NOT the case. ❌

As a professional, I’m more than happy to work alongside you and your finance team to steer your business forward.

In fact, we often work well together, and their experience of your business and my fresh perspective can be a match made in heaven.

To add valuable insight without disrupting your business, drop me a message and let’s get started. ��

#OutsourcedAccounting #OutsourcedFinance #OutsourcedFD

Review and move forward as a business.

Mon, 15 Jan 2024 11:00:02 GMT

Your finances are the glue that holds your company together.

That’s why we take time to learn all the information we need about your business. ��

With this, we offer a friendly, critical review of each aspect of your organisation.

Doing so without interrupting your operations, we communicate our ideas clearly and with data to back them up.

Challenging assumptions and steadying the shop, we then model scenarios and refocus your priorities with a goal of growth. ��

#FinancialLeadership #FinancialAdvice

ACE Finance Director's feature in Thinking Business Magazine

Thu, 11 Jan 2024 14:00:02 GMT

We’re extremely proud to be featured in Thinking Business Magazine!

This is a fantastic opportunity and we’re extremely happy to be included in such a prestigious publication.

In the article, Daryl, owner of ACE Finance Director, spoke at length about his story.

From ditching a promotion-chasing job to helping clients grow with a 360 approach, you can read the article online at the link below. ��

Do read the whole thing, but if you want to fast-forward to our article, skip to page 14. ��

#ThinkingBusiness

#Accountancy

#OutsourcedFinanceDirector

Financial preparation for businesses in 2024

Wed, 10 Jan 2024 08:00:00 GMT

Financial preparation for businesses in 2024

As a business owner, wouldn’t it be nice to achieve financial growth in the new year?

Well, preparation is the best place to start, so here are my top five financial preparation tips for businesses in 2024.

1. Evaluate your financial situation. Planning for the future means looking at the present and the past. From your balance sheet to income statements, cash flow, liabilities, and revenue; take a comprehensive, objective view at the state of things.

From here, you can get a clearer picture of your situation before moving on to step two.

2. Plan your budget. Your budget should align with your goals and take into consideration your expected income versus expenses for 2024. Use this to create a realistic strategy and you’ll be well-positioned to make better investments and reduce unnecessary spending.

3. Forecast. Forecasting is the art of identifying future opportunities and how to capitalise on them. With past performance, market trends, and financial data at the heart of your forecast, you can better understand your trajectory in 2024.

4. Risk management. Risk is part and parcel of business, so carry out a detailed risk assessment for the year ahead. Identify potential issues in the market and your business, as well as wider societal factors. Have mitigation plans in place for all of them to reduce risks in advance rather than after they’ve already affected you.

5. Scenario planning. A plan is well and good, but you aren’t Mystic Meg. Prepare for different scenarios that might affect your growth plans and have backup ideas in place. These shouldn’t just be in place for negative scenarios, either, and you should make resources available for achieving and not achieving your goals.

How to set goals and stick to them as a business

When it comes to planning for the new year, you also need to consider your business goals. Unrealistic goals might as well be pipe dreams, so how do you set achievable objectives for your business in 2024?

Meet with your team members

Start with a meeting between your staff and business partners, outlining where you think things went well in 2023 and what you’d like to change in 2024. Encouraging communication and collaboration is a sure-fire way to succeed with your goals, as people in your business are more invested in achieving them.

Delegate tasks and check in regularly

Next, it’s about delegation and making sure the right team members are matched with the right projects. Checking in is also hugely important throughout the year, as it lets you know if people are on the right path or not.

Take action

If things aren’t going to plan, it might be time for some tough calls regarding your team members. It might also be a case of you doing more, be it securing more funds, resources, or expertise to help you achieve your objectives.

How I can help your business

At ACE Finance Director, we help you move forward with confidence in 2024. With an objective, expert view of your financial situation, we have the tools and expertise to help you achieve growth in 2024 and beyond.

If you’re keen to find out more, drop me a message on LinkedIn or email info@acefinancedirector.co.uk.

Understand and value acquisition opportunities

Tue, 09 Jan 2024 15:00:03 GMT

We were recently working on a bespoke growth plan with a client. ��

A key part of this was the evaluation and valuation of potential acquisitions.

In doing this, we developed a commercial modelling system that helps businesses grow, regardless of their sector.

So, if you’re looking to scale at pace and achieve your growth potential, drop us a line. ��

#FinancialLeadership #FinancialAdvice

Is leadership important as a finance director?

Mon, 08 Jan 2024 10:45:00 GMT

Is leadership important as a finance director?

In my opinion, the answer is a resounding yes! ��

Being able to lead a team effectively creates a high-performing environment.

It also enables you to communicate complex financial information simply, making it accessible to stakeholders, directors, and team members.

So, the question you need to ask yourself as a business owner is, is your FD a strong leader? ��

FREE Complimentary business audit

Mon, 08 Jan 2024 09:00:38 GMT

The purpose of a complimentary business audit is to review, assess and evaluate various aspects of operations, financial records, processes, systems and compliance with regulations

It is with great pleasure that we are partnering with Signature Associates to provide a free, no obligation business audit.

We will discuss your business issues with key stakeholders, providing you with an independent and bespoke analysis of how your business could go forward.

We will also listen to what you would like to achieve for the future of your business and see how we can help to make you achieve your ambitions.

Our report will include a clear RAG traffic light system where you will be able to see how we think your business can improve its strategic planning, cash management, key performance appraisal, financial processes and procedures.

Partnering with Signature Associates enhances our offering with specialists in both human resources and finance functions, uniting People and Finance expertise to provide holistic solutions driving financial growth as well as operational excellence with employee satisfaction, recruitment and retention strategies.

Once the analysis has been provided we can then help you plan your route map for your business objectives.

A free financial audit for your business.

Fri, 05 Jan 2024 08:45:01 GMT

Is your finance team the right fit? ��

To help evaluate your finance team’s performance, we’re offering a free introductory audit for businesses.

Within the free audit, we’ll uncover what your finance team is doing right and which areas could be improved.

To find out more about our free audit, let’s have a chat. ��

Newsletter #4

Wed, 03 Jan 2024 11:05:52 GMT

Welcome to our latest newsletter.

Last year was rollercoaster year, so let’s take a breather and think about what we’ve achieved.

Let’s also look ahead with the ways we can help your business in 2024, an update on what’s going on at ACE Finance Director, and more.

COMPANY ANNOUNCEMENT
A Big Thank You To My Clients.

2023 was a bumper year for ACE Finance Director, and I’d like to take this moment to thank all of my clients. It’s was a pleasure working with you last year and I can’t wait to nurture and develop our relationships in 2024 and beyond.

If you’d like a helping hand when it comes to your business’s financial future, I’d be happy to help you steer the ship towards growth.

Visit services on my website to find out how.

HELP FOR YOU
A Helping Hand, Not A Replacement.

A common misconception is that outsourced FDs replace your finance team.

However, this is far from the case, and I actually love working alongside internal team members. Not only does it give me a firmer understanding of what makes your business tick, but by combining knowledge and experience, we can help you achieve more.

With a joint focus and objective of business growth, we can save you money and help you scale in 2024.

IN THE PAPERS
Thinking Business

I’m delighted to be included in December’s issue of Thinking Business!

A leading publication in the world of enterprise, it was a pleasure to speak about ditching a promotion-chasing job to help my own clients, and how I implement a 360 approach that puts them at the centre.

Speaking with Sarah Dale, I was also able to discuss the kinds of clients we work with at ACE Finance Director and offer some of the ways an outsourced FD can support businesses.

Check out our feature on page 14 for our two-page spread.

BUSINESS PLANNING
Four Reasons to Outsource as a Business

Outsourcing has become more popular in recent years as businesses look for new ways to grow. So, for business owners too stubborn to accept outsourcing as a viable technique, 2024 could be the year you get left behind.

In my experience, outsourcing has benefits in abundance and can help businesses save money, access expertise, and scale. However, there are two sides to every story, and if you don’t choose your outsourced partners wisely, there are disadvantages to consider.

Happy New Year

Wed, 03 Jan 2024 10:03:09 GMT

Now let's get to work!

Our New Year Resolution? Clarity for our clients. ��

Regardless of your business, you’re always aiming to improve.

So, while the rest of the country was chowing down on pigs in blankets, we developed a detailed five-year business plan.

The objective is to provide clarity around our service so you know exactly what we bring to the table. ��

To gain control of your finances and plan with confidence, contact us

Happy New Year

Sun, 31 Dec 2023 11:00:00 GMT

Happy New Year from ACE Finance Director! ��

Our second year in business has been incredible and we can’t wait to see what 2024 brings.

Although, as you might expect, we have a pretty good idea considering that planning is one of our core strengths.

I’d like to take this opportunity to thank my clients for such a great year, and if you’re looking to scale your business in 2024, don’t hesitate to get in touch. ��

Festive Limbo?

Wed, 27 Dec 2023 11:15:00 GMT

Anyone else in a state of festive limbo?

That period between Christmas Day and New Year is a bit weird, with the dinners and gifts done, it can be hard to find something to occupy the mind.

So, why not come up with a New Year’s checklist for your business?

Think about your financial situation and what you’d like to improve on, and what you’d like 2024 to look like financially.

I’m always available for quick chat (even across the festive period), so don’t hesitate to get in touch if you need any help.

Drop me a message and let’s go from there.

Merry Christmas

Mon, 25 Dec 2023 10:15:00 GMT

Merry Christmas from ACE Finance Director! ��

We hope you have a truly special day and look forward to seeing you next year. ��

If you’ve got children, we hope Santa brought them everything they asked for, and if not, enjoy your headache-free day.

Have a great day, all!

12 days of Christmas

Mon, 25 Dec 2023 09:35:39 GMT

As this carol goes, a Fractional Finance Director can bring immense benefits to an SME, guiding you towards financial success and stability throughout the year.

On the first day of guidance, my SME gained from me,

A CFO's insight, clear as can be.

With Fractional Finance Director's aid,

SMEs find their financial plans well-laid.