The benefits of a Financial Controller to a small business
As a small business owner, it’s not uncommon to do everything in the early stages. But you don’t need to.
We all start businesses with a passion for what we do, to provide for ourselves and loved ones, and to have more time.
That often proves harder to achieve when we realise how much is involved. One area that often gets in the way is Finance. Why?
Simple:
We don’t like it and it’s not exciting.
Finance is often seen as a drain on money and time.
Working on Finance tasks doesn’t increase sales.
We are all at our best when we do what we love, and that’s why we’ve created a service specifically addressing that issue. Adding a Financial Controller to a small business for as little as 1 hour a week will remove everything from AP, AR, cashflow planning, forecasting, insurances etc.
Why would you hire a Financial Controller when you’re only turning £100k?
Because every minute spent worrying about Finance is a minute spent not driving revenue. Finance functions are often seen as a cost but what if you could see how your business looked in 6-9 months’ time knowing that you could double revenue with the right strategy and investment?
If growth isn’t your main driver then making efficiencies should be. We recently saved between 40-60 hours per month on a finance transformation and automation project –imagine what you could do with those cost and time savings?
Removing the stress and anxiety and replacing it with understanding and insight is why Control Room Finance exists.