North East Business News

Issue 112

But I also appreciate that it can take business owners some time to understand the value that senior finance professionals can provide, especially if they are used to keeping all their finance-related tasks inhouse (either to remain in control of the numbers, or to save on costs – or both). If you’re on the fence about whether your firm might benefit from impartial insights from someone who lives and breathes business finance – here are 10 reasons why you should consider hiring a part-time finance director. 1. Gain strategic financial oversight A part-time finance director can develop and execute financial strategies that are completely aligned with your company’s long-term goals, offering constructive expertise without the cost of a full-time hire. 2. Improve cash flow management Effective cash flow forecasting and management will ensure your business has the right level of liquidity to meet its operational needs, pay its debts, and…