I worked for some time as a part time FD and I believe it is an invaluable service for businesses who are:
- Too small to be able to afford or justify employing an experienced, qualified accountant full time.
- Too big, too complex or too insecure financially to be able to ignore financial issues on a week by week, month by month basis.
Small businesses who are performing well can afford to take a fairly relaxed view to accounting issues. They can work with their professional accountant and have their own key performance indicators to monitor.
Bigger businesses know that expensive mistakes can happen too quickly.
Part Time FD Articles
I was helping to promote a small group of part time FDs and I created the Part Time Finance Directors Blog
Here are links to the best content. Most of these are written to help part time FDs to succeed but a business owner who is thinking about recruiting a virtual finance director may find these insider views helpful.
Sell Like A Finance Director Buys
Finding Clients For Part Time FD Work Through Referrals
Part Time Finance Directors on Peopleperhour.com
How To Become A Part Time Finance Director
Understanding Money Problems
How To Select A Part Time Finance Director
Other Articles To Help You With Your Business Finances
If you work with a part time Finance Director, he or she will take responsibility for the finance issues in the business, leaving the business owner will more time and better information for making decisions.
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