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Changing Lives

Michael Meyer - Mid-Atlantic Region, Regional Director/Principal 1
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“For the first time in my life I am a part of a group that is dedicated to supporting one another.”

With 30+ years’ CFO experience working in corporate both in the US and globally, Michael was tired of the insecurity of employment but hadn’t explored a career in consultancy. A month after his twins were born, he was made redundant in his current position. With a supportive wife and a nudge in the right direction, he turned to the world of consultancy.

For many years, he bounced between consulting and employment and learnt a great deal. 

Top 9 Advantages of a Part-Time CFO
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Top 9 Advantages of a Part-Time CFO

The quicker you want your company to achieve its goals, the sooner you should consider hiring a part-time CFO.

That’s because a part-time CFO will provide your company with the high-level financial expertise necessary to scale up (things you and your team may not even be aware you need), for a fraction of the cost of a full-time CFO.

Hiring a part-time CFO provides your company with many advantages that really help it to grow and stand out in any marketplace.

Where to Find the Cash You Need
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Where to Find the Cash You Need

A lack of cash can not only stall your company’s growth but also place its very existence under threat.

It doesn’t matter how profitable the business may be; cash flow problems can place it under severe pressure, according to the CFO Center’s Chairman Colin Mills in his book ‘Scaling Up How to Take Your Business to the Next Level Without Losing Control and Running Out of Cash’.[1]

“You might think you’re immune from danger because your business is experiencing a high level of growth,

How to Avoid Sleeping Like a Baby (And Why You Should)
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How to Avoid Sleeping Like a Baby (And Why You Should)

Babies, as any hollow-eyed new parent will tell you, often sleep for just a few hours at a time which is why ‘sleeping like a baby’ is a practice best avoided if you have a growing business to run and need to be on top of your game during working hours.

Instead, sleep experts recommend you look for ways to get between seven and nine unbroken hours of night-time sleep.[1]

That’s because sleep is believed to be crucial to your physical and mental well being.

Why and How You Should Scale Up Your Business
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Why and How You Should Scale Up Your Business

If you consider what sets companies like eBay, Alibaba, Netflix, Google, Starbucks, Apple, Cisco and Dell apart from other companies, their ability to continuously innovate and create high growth will probably come high on your list.

So should the fact they’ve all successfully transitioned from start up to scale up status without losing their ability to be dynamic and entrepreneurial.

Then there’s the fact they’ve helped create thousands of full-time and part-time jobs throughout the world.

What to Expect from a Part-Time CFO
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What to Expect from a Part-Time CFO

The idea of hiring even a part-time CFO may seem to some SMEs a bit OTT—like paying Quentin Tarantino to make a 90-second home page video or booking Wembley Stadium for the company’s five-a-side friendly football match.

But for companies whose ambition is to get into and survive the coveted scale-up phase, hiring a part-time CFO makes perfect sense. They know that they’re getting a finance veteran, someone with big business experience, who can provide the guidance they need to grow rapidly and help them to avoid the costly mistakes that so many ambitious SMEs make as they attempt to move into the Big League.

What A Chief Financial Officer Can Do for Your Company
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What A Chief Financial Officer Can Do for Your Company

You might think a Chief Financial Officer role is confined to traditional finance activities, but today’s CFO can do so much more than count beans.
In the past, a CFO’s responsibilities might have been confined to high-level accounting such as providing timely financial statements and monthly management reports, managing investments and expenses, monitoring cash flow, and managing risk. But as the business landscape has become more complex over the past decade, the role of a CFO has changed.

The Rising Power of AI in Financial Services
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The Rising Power of AI in Financial Services

Artificial Intelligence (AI) is already transforming the way in which financial service companies are doing business.

More and more of them are using AI to process information on their customers, cut costs, save time, monitor behavior patterns, assess credit quality, automate client interactions, analyze markets, assess data quality and detect fraud.

A PwC Digital IQ 2017 survey found that 72% of business decision makers believe AI will be the business advantage of the future.[1] About 52% said they’re currently making “substantial investments” in AI,

hollywood
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Why Hollywood Actors Should Get Training from CFOs

You shouldn’t be surprised to discover that Meryl Streep, Robert De Niro, Hugh Jackman, Gary Oldman among many other Oscar-winning actors and actresses bear a grudge against Chief Financial Officers.

It’s easy to understand why. While the likes of Streep and Oldman have achieved fame, fortune and critical acclaim, they can usually only inhabit one role at a time. They take it on for a few months and then move on to the next.

achievement-agreement-business-886465
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Strategically Outsource to Maximize Efficiency and Productivity

If you’re looking for a quick way to cut costs, boost efficiency and improve productivity, then consider outsourcing one or more of your business’ support processes.

Outsourcing has many benefits and can give you a greater competitive edge in your market.

It allows you to tap into a large international talent pool and benefit from external expertise. Your outsourced providers can provide services, innovative approaches, and the latest technology along with cutting-edge solutions that your in-house team might be unable to provide.

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