One of the most important decisions you can make as a business owner or CEO is when to add an experienced finance person to your team and what does the role look like?
Do you need an experienced guide to help point you in the right direction, or do you need an operations guru to make sure you are running as efficiently as possible? Maybe you need a bit of both.
Will you be able to get this from one employee? And if so, how much is it going to cost?
An Outsourced Finance Team could be the answer you’re looking for!
The beauty of using an experienced outsourced finance team is that you can get all the things you need, without the hefty price tag. You will have access to a range of skills that come from years of experience across different industries. This experience means the team can jump right in and get things done, relieving you of the headache and time of hiring a full time employee who may end up not having all the skills you need.
You also have the flexibility to pick and choose what services you need and when, which is important when you have 101 different things happening each month. Whether it is building a business model to present to investors, or help with managing cash flow to pay your suppliers, having the support of an experienced finance team means you can stop worrying and instead focus on running the business.
Choosing the right outsourced provider?
There are a number of businesses offering outsourced CFO services including the big accounting firms. These are all reasonable options however what is important is that you do not end up just hiring expensive consultants with minimal commercial experience. You also need to watch hiring one man bands who over commit to their clients and end up not being able to be there when you need them.
This is where 3PF is different. We pride ourselves on rolling up our sleeves and making things happen. 3PF also has the advantage of having an experienced team which has the ability to jump to action when urgent deadlines present themselves. Most importantly we also understand that your customers are the number one priority and we need to play our part to ensure they are satisfied.
For the past 5 years, the team at 3PF ran the finance division for the Winning Group (Appliances Online and Winning Appliances) through its period of tremendous growth and success. We can now use this experience to help your business setup for growth.
Our proven methodology is to start with our 50 point Initial Business Review (IBR) to identify opportunities to prioritise. We can then agree on key projects to work on and develop an ongoing cost effecive monthly finance team solution appropriate to your needs.
If you think you could use our help, or just want to learn more about what we can offer, click on the link below to find out how to talk to one of our friendly team members: