We can provide a Virtual Finance Department – imagine having your own finance team, including a and a competent Finance Director, Credit Controller, Bookkeeper and Payroll staff, all for the cost of a full-time junior on the UK national minimum wage, less than a Bookkeeper!
Be in safe hands for less than the cost of a junior hire
What ever stage you are at in your business, doing the finances yourself causes unecessary stress. Because, let’s face it, haven’t you got enough to do?
But when you set up a Start-Up, finance is often simple. A few invoices. Basic bookkeeping. And most people hire an Accountant only at year-end to do the tax return. However, many quickly realise there is a lot of admin involved, many boxes to fill in, and wonder when they need to register for VAT.
On top of that, you have questions around what you can claim vs what you can’t, and now you have to navigate Making Tax Digital (MTD), too. You might be wondering what really are the rules, and do you really want to do 5 tax returns? And, what if you get it wrong? Well, most people know that HMRC won’t say: ‘don’t worry about it! …’
And the consequences can be costly.
Then you grow: there’s more transactions. More staff = more responsibility. More pressure on cash, margins, and reporting. The confusion gets heavier, and it’s hard to know which numbers are the ones you should be focussing on. On top of that, perhaps you need some kit, a new van? Where do you get the money from? How to get the best deal with the lowest interest? Does your credit rating matter?
Suddenly finance isn’t just admin anymore, it’s operational, strategic, and critical to how your business performs.
We see Start-Ups Go from Zero to over £100 million in one year, and some that never get to more than £20k. So, what’s the difference between them?
Most growing businesses sit in ‘The Gap’ – where it’s too complex to run finance themselves. Yet too small to justify a full in-house team.
So, things get patchy.
You have a bookkeeper… but no oversight.
You have reports… but no real insight.
You have systems… but they don’t quite talk to eachother.
And no one is owning the whole picture.