There’s a reason we’re the UK Number 1 provider of part-time FDs

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IMKO London

IMKO LONDON is a complete ‘full service’ general contractor and construction management company. Our experienced management team has the knowledge and experience in the mechanical, electrical, structural and architectural fields to find and eliminate unforeseen challenges in the construction process, providing solutions to these issues up front. This approach helps to eliminate project risks providing program and budget certainty on each project.

 

Mykola, the managing director is an established business owner and successful entrepreneur in the extremely dense and challenging construction industry in London. Specialise in high-end and luxury residential makeovers, basements, extensions and new build with over 14 years experience. In addition to construction, successful property investor and developer with projects in London and Home Counties.

 

At IMKO LONDON everybody works hard to make sure that the three most important principles of the construction industry are upheld on every project: time, quality and value. We use CRM and project programming software, seeking to maximize results and value in every area of our business. We work with our clients to save them money without compromising quality in each phase of the construction process. We are always seeking new ways through technology, research and innovation to maximize the value of each project while eliminating the extra cost and completing each project in the time agreed. These can be extremely important, protecting your investment and budget from the effects of a volatile market.

We can guarantee this because of the professionals that work with IMKO LONDON. Our staffs understand the importance of the processes we use and the safety standards by which we operate. We live for the challenges that come with each construction project and we believe that our success is based on the extra effort we give.

 

One of IMKO LONDON’s recently completed project was a near 8000 sq ft family house with complete renovation and refurbishment and expanding the space with a sunroom and orangery extensions adding 2000 sq ft living space. The dated building required extensive works to modernise the steel structure and build a new foundation and a whole new roof.  Inside every bathroom got refurbished and the kitchen was updated to modern standards to harmonise with the other parts of the house which all received its caring touch to make this house a lovely and welcoming warm home for our dear customers.

 

Check out the video below for a walkthrough of the newly completed family house:

Top 9 Advantages of a Part-Time FD

Top 9 Advantages of a Part-Time FD/CFO

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

That’s because a part-time FD or 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 FD/CFO.

Hiring a part-time FD or CFO provides your company with many advantages that really help it to grow and stand out in any marketplace. But here are the top nine advantages you and your employees and stakeholders can expect when you hire a part-time FD/CFO.

  1. Cost-saving

By hiring a part-time rather than full-time FD or CFO, you can avoid the often-hefty recruitment and hiring costs (and the delays they inevitably entail). What’s more, you can hire a part-time FD or CFO for a fraction of the cost of a full-time employee. You won’t have to offer a benefits package or bonuses to retain the appointee.

  1. Strategic advice

Your part-time FD or CFO will provide you with strategic analysis and support on every financial aspect of your business. A report from the Financial Executives Research Foundation (FERF) described CFOs as “critical to the success of start-up and early-stage growth companies” since they provide key insights.
It found CFOs play key roles in not only managing a young and fast-growing company’s finances but also in setting broader strategic goals and establishing and achieving financial and non-financial milestones.

What’s more, part-time CFOs or FDs can highlight potential threats or risks of which you and your team may be unaware or perhaps don’t know how to deal with.

  1. Flexibility

You can use the services of your part-time CFO or FD for what you need when you need it. That could be for a variety of different financial functions or a specific project. This means you and your CFO or FD can tailor the role to suit your company’s needs at any time.

  1. Multiple industry experience

Although you can choose to work with part-time CFOs or FDs who have direct experience in your given industry, you can also opt to work with those that have experience across multiple industries. The advantage will be that your CFO or FD will provide you with access to networks and multi-layered insights that you might not otherwise have.

  1. Crisis management

The loss of major contracts, customers or employees can be devastating for any business. Your part-time FD or CFO will be able to help you and your team navigate your way out of the crisis. This could include producing short-term cashflow reports, identifying costs that can be cut, producing new financial forecasts, and helping with raising vital funds.

  1. Sounding board

Running a company can often be a lonely, stressful experience for CEOs, according to the FD Centre’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]

He’s seen first-hand what pressure does to business owners.

“I’ve sat in sales meetings with entrepreneurs who had literally been brought to tears by stress and frustration and the feeling that it’s all too much.”

That’s where a part-time FD or CFO can help. He or she can act as an independent sounding board for the over-burdened, stressed-out business owner. With their ‘big business’ experience, it’s more than likely CFOs or FDs can provide solutions to what can seem like overwhelming problems to the CEOs of growing businesses.

  1. Mentorship for your team

Part-time CFOs help to establish sound reporting systems and tools that help improve reporting metrics and communications to investors. They can also act as mentors to members of your existing finance team, guiding them where necessary and providing the advice they need to rise to new challenges.

  1. Access to a national and international network

If you choose a part-time CFO or FD from an organisation like the FD Centre, you’ll benefit from the expertise from all the FDs in its worldwide network. That’s hundreds of years of experience in every aspect of finance—all for a fraction of the cost of employing a single full-time FD.

  1. You won’t get left behind

If you’re still hesitating about whether now is the right time to hire a part-time FD/CFO, consider the sorry tale of Kodak—a company that got left behind, despite once being one of the most powerful companies in the world.

Kodak was once known for innovation (being the creator of the Box Brownie camera, Kodachrome film and the Instamatic).[2] Here’s what’s remarkable—a Kodak engineer Steve Sasson developed the world’s first digital camera way back in the mists of time (actually, 1975). Okay, it was the size of a toaster, took 20 seconds to capture low-quality images which had to be viewed on a TV. But still… it had the potential to disrupt the market massively.

The company poured billions into developing the technology to take photos using mobile phones and other digital devices but delayed acting on it due to fears digital technology would destroy its film and photographic developing business. It failed to act fast enough and to identify the opportunities posed by digital technology.

On January 19, 2012, Kodak filed for bankruptcy protection in 2012, then exited its legacy businesses and sold off its patents.[3] It re-emerged in 2013, albeit in a vastly slimmed down version of its former self.

If you want to avoid becoming a post-script or salutary tale in your market, appoint a part-time FD or CFO. He or she will provide you and your team with strategic help and advice to recognise threats and to seize opportunities—thanks to vast experience and expertise.

The FD Centre (and CFO Centres) offer the services of part-time FDs or CFOs with big business experience who can use what they know to help your company achieve rapid yet sustainable growth. What’s more, they’ll help remove fear, confusion, and stress from the entire process.

To discover how the FD Centre (or CFO Centre) will help your company to scale up, please call us on 0800 169 1499 or contact us here.

How it works

The FD Centre’s part-time FDs use a proven framework known as the ‘12 Boxes’ to identify where the problems are within any business. They use it to review every aspect of your company finance function and identify every problem area.

They will help you to understand your company’s finances and not only eliminate cash flow problems and identify cost-savings but also to improve profits.

They can also help you and your team to understand your main profit drivers; find and arrange funding; identify your Critical Success Factors and Key Performance Indicators (KPIs), help you to expand nationally and internationally; and build value to make your business more attractive to investors or buyers. To discover more about the 12 Boxes, click here.

Need help?

To find out how an FD Centre part-time FD or CFO will help your business, contact us now on 0808 164 8902. To book your free one-to-one call with one of our part-time FDs, click here.  You can see how they add rocket fuel to any business here.

What people are saying

People are talking about what they really think of the FD Centre’s part-time FDs. Find out what they’re saying on these short videos here.

Where are you going wrong?

You can identify strengths and weaknesses in your business in just nine minutes with the F-Score click here now. Just answer a brief series of questions, and you’ll receive an 8-page report that will reveal potential current or future pain points for your business. It will also help you to rate the performance of your finance function and uncover untapped opportunities for growth. Click here now to take the F-Score.

Got a Big Question?

Have a burning question for one of our team of FDs? Just ask it here, and you’ll get an answer within 24 hours. The question must be finance-related (sadly, they can’t predict who will win Wimbledon).

[1]Scale Up: How to Take Your Business to the Next Level Without Losing Control and Running Out of Cash’, Mills, Colin. BrightFlame Books, 2016

[2]The Moment It All Went Wrong for Kodak’, Usborne, David, The Independent, https://www.independent.co.uk, January 20, 2012

[3]Kodak’s Downfall Wasn’t About Technology’, Anthony, Scott D., Harvard Business Review

https://hbr.org, July 15, 2016

METIS Aerospace Ltd

METIS Aerospace Ltd based in Lincoln has invested heavily over the last eight years developing a Radio Frequency detection and tracking system called HYPERION.  A spin-off of this technology gave rise to SKYPERION, an effective Unmanned Aerial Vehicle (drone) detection system based on the same technology.  Owner and CEO, Tony Burnell remains confident that his system is far superior to anything currently available in the market.

Skyperion works by detecting the radio signals between the pilot and the drone. The system is complementary to other systems such as radar and surveillance cameras to provide a layered approach.  Utilising a layered system provides an extremely reliable drone detection capability.  This has massive market potential where the detection of drones is critical, such as airports, prisons, military installations, government buildings, historical sites VP Protection and public events to name but a few.

As the saying goes “it’s an ill wind that blows nobody any good”, the December 2018 drone activity around Gatwick brought the airport to a standstill, causing misery to thousands of people and costing the airport and airlines millions of pounds.

With a mobile system working from a modified van and trailer, METIS were able to deploy the SKYPERION system within hours of being requested to help. Gatwick Airport Executive were provided with the assurance that it was safe to reopen the airport based on ‘real-time’ reporting of drone activity.

Following extensive testing, Gatwick ordered a 6 sensor SKYPERION system for delivery in February 2019.  A subsequent incident at Heathrow Airport required the deployment of a temporary system to provide immediate protection and avoid a repeat of the disruption suffered by Gatwick.

Once again, drone activity is firmly in the news with a Panorama documentary on 15th April 2019 specifically on the issue of drone activity close to airports.  Upcoming television programmes featuring the Skyperion system include BBC Click and Horizon which, again, will hopefully elevate the profile of Metis Aerospace Ltd.

With interest from numerous other UK and international airports, the Home Office, the MOD, and sporting venues, Metis have employed Adrian Dorr from the FD Centre and Andrew Scheer from The Marketing Centre to help with the scaling up of the business.

“Portfolio working allows me to keep close to the business I founded, whilst supporting other entrepreneurs and doing the things I love.”

Chris Willford, portfolio FD at the FD Centre in the Thames Valley

“Portfolio working allows me to keep close to the business I founded, whilst supporting other entrepreneurs and doing the things I love.”

Chris Willford joined the FD Centre back in 2016 after over 30 years working in FTSE 100 companies and the creation of a successful software business.

Having worked his way up to FTSE board level in two different industry sectors, Chris felt it was time to do his own thing, so in 2011 he joined forces with a friend and neighbour, said goodbye to corporate life and started a software business. Together, they established business relatively quickly, and after setting a good solid foundation, Chris concluded the business didn’t need his financial experience full time.

He wanted to stay close to the business, but it didn’t make sense for him to spend time on non-strategic or non-financial tasks that other people could carry out. Chris, therefore, decided to reduce his hours with the company – staying involved in the strategic direction and freeing up time for him to support other entrepreneurs.

After a chance meeting with a regional director at the FD Centre in 2015, Chris joined the FD Centre team the following year. He now looks after a number of businesses, working mainly in the tech, media and publishing sectors.

“I enjoy being in control of my own diary, and the variety of the work means there’s always something interesting to work on. I oversee some really strong and diverse businesses and there’s no shortage of opportunities to make a difference in each one.”

Oh, and when he’s not checking in with one of his clients, you may find Chris cycling with his local road cycling group…if you can catch him of course. You see, he has made sure he sets time aside for the work-life balance we all crave.

Are you ready for an initial chat? Call us – https://www.thefdcentre.co.uk/join-the-team/

“I was considering non-exec roles when I came across the FD Centre, which fitted perfectly with my FD experience.”

Chris Sparkes, Portfolio FD at the FD Centre in the West Country

“I was considering non-exec roles when I came across the FD Centre, which fitted perfectly with my FD experience.”

At the beginning of 2018, after a career in corporate and seven years working away from home, Chris started to search for a role that would allow him to redress the work/life balance we all strive for.

He liked the idea of acting as a trusted advisor to small businesses, and therefore considered non-exec roles. After a few months, it seemed like finding the odd one or two roles was possible, but making a substantial career out of it seemed trickier.

“It would have been too much of a shock to me if I went from working full time to just working one or two days a month.”

Chris discussed his dilemma with colleagues and friends and was introduced to the FD Centre, who could support him in his search for SMEs in need of strategic advice.

“Being a part of a bigger organisation provides credibility and reassurance to entrepreneurs who are looking for someone to provide them with sound advice and direction. With the FD Centre, they are buying into something bigger than just me – there’s a whole team of experts to help and support us if we need additional resources or expertise.”

Are you ready for a change? Does Chris’s story inspire you? Call us –https://www.thefdcentre.co.uk/join-the-team/

“I really enjoy helping business owners understand the value of the numbers, and life as a portfolio FD allows me to do just that.”

James Christian, Portfolio FD at the FD Centre in Yorkshire & Humberside

“I really enjoy helping business owners understand the value of the numbers, and life as a portfolio FD allows me to do just that.”

After 15 years working in the same company in a variety of roles including FD and Chief Operating Officer James craved an alternative lifestyle with more flexibility and the opportunity to work on more varied projects. He left his full-time role, and an online search and a chat with a trusted friend directed him to the FD Centre.

On joining, new clients came from his network and from the well-established central marketing machine that the FD Centre invests in. His skills and experiences were fully transferable to different industries, and colleagues within the business were available to help with any industry-specific advice he initially needed.

“There’s a lot to be said for taking stock and considering where next, and I really enjoy the variety this lifestyle allows.”

James would humbly say that he’s not a born accountant. He prides himself on his ability to explain the figures to non-accountants and to help them understand what they can learn from the finance team, and of course, how they can act upon the findings.

“I’m helping entrepreneurs grow their business and broaden their horizons. It goes without saying that I’m broadening my own along the way too.”

Are you ready for a change in direction? Call us – https://www.thefdcentre.co.uk/join-the-team/

Genesis Begins Work on 18 House Development

Background

Genesis Homes was formed with a simple objective ‘to create quality, vibrant and welcoming housing developments’ which now forms part of our vision.

It was born out of a desire to offer a much better product and in turn a well-managed process in the house building industry. Our MD, Nicky Gordon, has spent a large amount of time contracting for large house builders and he was frustrated that the process was by no means perfect, often disorganised, and producing an uninspiring product.

We have implemented a deliberate core selection of 2, 3, 4 and 5 bed house types that are practical homes, aesthetically pleasing and easy to build (16-design in total). Our first scheme, St. Cuthbert’s in Wigton, commenced on site June 2017. It is our flagship development and a strategic choice as it ticks a lot of boxes in terms of demographics, local employment centres, transport connections, good schools, local amenities and it is relatively close to the lakes and coast. The first completion took place in November 2017 with excellent feedback from the first occupants especially in terms of the size of rooms, the layout of their home and the development as a whole. Our second development, St. Bridget’s in Brigham launched end August 2018 and is building on the success of Wigton. Sanders Brow, Armathwaite takes the total to three active schemes and is launched to the public (8th March)!

Press Release

‘Genesis Homes has begun work on its 18-home development on Station Road, Armathwaite.  The development, to be known as ‘Sanders Brow’, honours the architect of Armathwaite Station, John Holloway Sanders. Early interest has exceeded expectations for the 2, 3, 4 and 5-bedroom houses and bungalows, with more than a quarter already reserved.

A ground-breaking ceremony on the site was attended by Genesis Homes’ MD, Nicky Gordon and Head of Land, John Blue and representatives John McKeon and Fraser Watts from Housing Growth Partnership (HGP).

Nicky Gordon said: “We’re very happy to have started building at Armathwaite in such an attractive and desirable location. These new properties will contribute to meeting the need for new, high-quality homes in Cumbria. We have already noticed strong interest in the site, including a number of reservations, and we’re pleased to partner with HGP in delivering these homes.

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 FD Centre’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, but you’re wrong: expansion can exacerbate the problems caused by poor cash flow management,” he said.

“You almost always have to make investments and bring certain expenses on ahead of achieving the higher revenue and cash flow that comes with successful growth.”

It is the oxygen every business needs to survive.

“The stark truth is, without cash your business will be unable to meet its payroll obligations, default on payments to suppliers and creditors (payables), and ultimately cease trading.”

Fortunately, there are ways to find cash both from within your business (by improving processes, cost-cutting and selling off unused assets) and from traditional and alternative external funding sources such as banks, invoice factoring companies and crowd-sourcing platforms.

Getting the cash your company needs earlier rather than later can not only save you and your employees from unnecessary stress but also help you to achieve more rapid growth as the following example illustrates. One of the CFO Centre’s American clients had over-hired which caused it to run into cash flow problems.

But with the help of the CFO Center, the company was able to survive the blip and then attract one of the ‘Big Three’ automobile manufacturers in the US—Chrysler—as a client.

“They were really bumping up against their credit line of $US500,000,” recalled the CFO Center’s Bill Starr in ‘Scaling Up. “We came in, restructured their financing and their forecasts, and in a couple of months we were able to get them a new line of credit for $2 million,” he said. “That effectively allowed them to invest in the growth of the company.

“A year after we were engaged, the client won a massive deal with Chrysler. Chrysler conducts vendor analyses on the financial position of its vendors, and this company got a green light across all areas that Chrysler reviewed them on.”

Look within your company first

While many business owners automatically look to external funding sources, it pays to look closer to home first.

“Most entrepreneurs don’t realise there is often considerable funding to support growth from within their own business,” says Mills. “That’s because the collection of customer receivables can often be improved through strong credit control and the level of stock holding reduced through improved systems and processes. In some instances, poor negotiation of supplier payment terms means fewer funds are available within the business to support scaling up.”

So before you pick up the phone (or click your mouse) to apply for external funding, consider the following methods for freeing up cash within your business.

Declutter

If the business has machinery, equipment or large amounts of stock that is idle, consider selling it or renting it to other businesses.

Remove unnecessary overheads

Look at all your overheads to see if they can be lowered. For example, consider reducing staff numbers, or not replacing employees when they leave or moving premises to get a more favourable lease.

The head of the Australian CFO Centre Stephen Copplin recalls how one part-time CFO was asked to help a fast growth branding business that had got into trouble with cash flow. Most troubling was a looming $AUD 500,000 tax bill.

At the company’s headquarters, it was easy to see why the company was struggling: the carpark was crammed with ‘flashy’ company cars.

A conversation with the owner revealed he did not have a good grasp on his financials. He didn’t know how to improve his margins and had no idea how much his product was costing to produce.

So he was advised to sell the cars and make half the staff redundant.

“We were really hard with the guy; we took a firm line with him, but he did all the things we suggested he do to get his business back in order,” the part-time CFO said. “That was three or four years ago, and today his scaleup growth has delivered the cash flow and sustainability, to where he should have been if he had the financial nous beforehand.”

Negotiate better terms with vendors

Ask for more favourable payment terms from your suppliers. This doesn’t necessarily mean asking for reduced prices but could be as simple as requesting an extra seven days for your payment window.

If your suppliers refuse your request, look for other suppliers who can offer lower prices or better payment terms for the same quality of the product.

Resolve late payment issues

Make your payment terms clear to minimise the possibility of late payment issues. Try to keep to the same terms for all your customers (for example, a 30-day window for payment of the invoice). Get agreement to your payment terms from all your customers or clients. Carry out credit checks on all new customers or clients. Ensure that invoices are issued promptly. Ideally, you should issue invoices by email on the day of completion of the job or project and ensure that overdue payments are pursued.

Get deposits for large projects or orders. Build a deposit (of anywhere up to 50% of the total cost) into your contract for large projects or orders. This is especially important if the projects or orders are likely to involve a lot of resources and time.

That way if the customer decides to cancel the project or fails to pay the balance on the project or order, you have at least recovered some of the cost of the resources and time you’ve already invested in it.

Look for External Funding

You should also consider external funding sources to help ease your cash flow challenges. There are a dizzying number of sources to consider, both traditional and alternative (which is why you should use the services of a part-time FD or CFO to identify the best method for your company and help you navigate your way through any such process).

Apply for a bank overdraft

A bank overdraft has been the traditional form of funding for many businesses. But these days, banks are more likely to try to steer their clients to other forms of debt that provide the banks with more security.

While overdrafts are usually quick to set up, they have a major drawback, and it’s this: banks can call them in on demand.

Request a bank loan

The advantages of bank loans are that they are for a set term with regular repayments and that the banks can’t call the money back on demand. The downside is that banks will demand strong security for the loan such as a personal guarantee secured on the assets of the business or even the owner’s personal assets.

Use asset financing

Using your assets as collateral for the loan is one of the easiest ways your growing business can get access to quick cash. However, there is a drawback: not all assets are considered equal.

Typically, lenders will only consider assets that they can sell quickly if you default on the loan. Therefore, they usually want high-value assets with a low depreciation rate or high appreciation rate, and which are easy to convert into cash.

Get alternative financing

The alternative finance market includes a wide variety of financing models including peer-to-peer lending, crowdfunding and specialist finance providers offering products such as selective invoice finance and invoice trading platforms.

The benefit is that since they have greater flexibility than traditional funding sources they can often offer a faster turnaround on the right deals.

Invoice Discounting

The advantage of invoice discounting, in which banks and invoice discounting companies lend money secured against your debtors/receivables, is that you can borrow up to 80% of the invoice amount within 24 hours.  So you get the cash flow benefit and the rest when the money is collected.

The disadvantage is that it can cost more than overdraft or loan charges so it may have a bigger impact on your profit margins.

Peer-to-peer (P2P) lending

P2P platforms match lenders directly with borrowers so that you can borrow money from individuals. The huge benefit of this is that the rates are favourable and often much better than any other type of lending method. The disadvantage is that you will still have to undergo a credit check and possibly pay an application fee.

Equity-based crowdfunding

The way it works is that people come together on the crowdfunding websites to pool money towards a particular venture or idea in return for an equity share in your business. The issue with crowdfunding though is that it’s not as easy as some people make it out to be, as it requires months of planning and lots of marketing in order to get people excited enough about what you are doing to contribute money towards it. There’s also the risk that you don’t receive the amount you’re seeking, in which case any finance that has been pledged will usually be returned to your investors, and you will receive nothing. If you’re successful, there’s the risk you give away too much control in your company. This could have an impact later when you decide to sell the company.

The easy way to raise cash

Of course, you can make the finding or raising of cash a much easier process by engaging the services of a part-time FD or CFO. For example, the FC Centre (and CFO Centres) offer the services of part-time FDs or CFOs with big business experience who can use what they know to help you uncover or obtain the cash you need to help your company achieve rapid yet sustainable growth. They will help remove the fear and confusion from the entire process.

To discover how the FD Centre (or CFO Centre) will help your company to get cash and scale up, please call us on 0800 169 1499 or contact us here.

How it works

The FD Centre’s part-time FDs use a proven framework known as the ‘12 Boxes’ to identify where the problems are within any business. They use it to review every aspect of your company finance function and identify every problem area.

They will help you to understand your company’s finances and not only eliminate cash flow problems and identify cost-savings but also to improve profits.

They can also help you and your team to understand your main profit drivers; find and arrange funding; identify your Critical Success Factors and Key Performance Indicators (KPIs), help you to expand nationally and internationally; and build value to make your business more attractive to investors or buyers. To discover more about the 12 Boxes, click here.

Need help?

To discover how an FD Centre part-time FD will help your business, contact us now on 0808 164 8902. To book your free one-to-one call with one of our part-time FDs, click here.  You can see how they add rocket fuel to any business here.

What people are saying

To hear what people really think about the FD Centre’s part-time FDs, watch these short videos here.

Where are you going wrong?

To identify strengths and weaknesses in your business in just nine minutes with the F-Score click here now. Just answer a brief series of questions, and you’ll receive an 8-page report that will reveal potential current or future pain points for your business. It will also help you to rate the performance of your finance function and uncover untapped opportunities for growth. Click here now to take the F-Score.

Got a Big Question?

If you have a burning question for one of our team of FDs, ask it here, and you’ll get an answer within 24 hours. Please note the question must be finance-related (sadly, they can’t predict who will win the Rugby World Cup, Cricket World Cup or even the US Masters Golf Tournament).

[1]Scale Up: How to Take Your Business to the Next Level Without Losing Control and Running Out of Cash’, Mills, Colin. BrightFlame Books, 2016

“Joining such a knowledgeable team of professionals made the transition from corporate life so much easier for me.”

Jim Laslett joined the FD Centre in 2015 and has enjoyed the diversity that his new role brings.

After a chance meeting at a Christmas lunch in 2014, Jim decided to explore the opportunity of working with the FD Centre and later joined. Jim’s previous experience in retail and manufacturing has enabled him to look after a number clients from very varying industries – from an electrical wholesaler to a supplier of specialist products to fruit farmers, to a provider of care equipment to homes and hospitals.

He certainly enjoys the variety of portfolio working. And there’s peace of mind knowing that if there’s something he needs additional guidance on, he can always count on his team of colleagues, nationally and internationally, to provide specific industry knowledge. The team is so powerful.

“I get such job satisfaction from helping entrepreneurs reach their business goals. I’m so passionate about working with my clients that I could easily spend double the hours I’m contracted to work with them. The skill comes in prioritising, managing expectations and enabling the team, and I’m always available to discuss their progress if they need me.”

And with a rapidly increasing number of colleagues across 16 countries, it’s great to know that many others are also choosing the same lifestyle.

Are you ready for a conversation? We’d love to hear from you – https://www.thefdcentre.co.uk/join-the-team/

“I can now impact change so much faster than when I was working in a corporate environment.”

Steve Johnson, portfolio FD at The FD Centre in the Northern Home Counties 

Steve Johnson was an FD in the automotive and recruitment industries but always had the urge to be more entrepreneurial. He’d had enough of working for a corporate as he felt it was all he was thinking about 24/7.

“I was brought up around people who ran their own businesses so I thrive in that space. I’ve always had the drive and passion to do something for myself.”

But waving goodbye to the full-time FD role felt like a massive step. He was in a well-paid role with a team of over 300 people and all the additional benefits of being a board member.

When Steve made the move in 2012 he was delighted with the lifestyle changes it enabled him to make.

“Working as I do, I am mentoring, coaching, listening and learning on a daily basis. My clients are smart and savvy so I learn too, and together we influence real change and support genuine business growth.”

And the moral of the story? If you don’t plan towards the big goals in life, they’ll pass you by. And Steve certainly has the variety, balance, and entrepreneurship he craved.

If you’d like to think about how portfolio working could work for you, we’d love to hear from you – https://www.thefdcentre.co.uk/join-the-team/

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