A professional and personal service for growing your business

We provide support to a range of entrepreneurs through a wide range of accountancy, tax and financial services. With a background in financial planning and strategy, we can construct budgets and financial forecasts, and scenario based financial models to underpin business plans and help you choose the right direction for your company. Our clients choose us because of our professional and commercial approach which is seamlessly applied to small and growing businesses.

Virtual Finance Director Service

Finance Directors can help businesses to make informed decisions, increase efficiency and profitability.

If you are not quite ready to recruit a full time FD but need someone to manage the finance aspects of your business, the LKA virtual FD service could help.

With our Virtual FD service, we will act as your company’s Finance Director by providing you with all the specialist skills, services and expertise, without the cost and complications of employing one full time.

We will become an integral part of your team, committed to your financial health, commercial success and continued growth. This frees you to focus on forming a long term strategy for running the business.

Why Choose a Virtual FD for your Business?

  • Advanced expertise and experience – our virtual FD will be able to provide all the knowledge and understanding you need to realise your business plans.
  • Accounting solutions to suit your business –  you’ll be able to bring in the services and level of input you need without committing to an employed FD.
  • Peace of mind without breaking the bank – with that flexibility and choice, you’ll often find that outsourcing these services are far more cost effective.

Case Study: Construction Company

We helped the company move from £1m turnover and a breakeven position to forecast £4.5m turnover and £1m profit in under 2 years by helping the hardworking business owner to understand what is profitable and to track performance month by month to ensure the business stayed on target.

When is the right time to take on a Virtual Finance Director?

A virtual FD is the ideal option for businesses that are growing or those that are looking to scale up their operations and need the skills of an experienced FD to maximise their financial potential, or those looking for funding / investment or to exit their business in the next 5 years.

This service includes:

  • Managing the migration of accounting records to cloud-based software and training client teams to exploit their benefits
  • Simplify and streamline your accounting and finance processes
  • Bespoke monthly / quarterly management information (KPIs; budgets vs actuals; project level analysis)
  • Cash flow planning, budgets and forecasts
  • Financial models and scenario planning

Case Study: Strategic Planning Business

We helped the business keep trading despite difficult trading conditions and the loss of key contracts by focusing on eliminating unneeded cost and setting billing targets for all of the team to meet and following up/reinforcing these targets throughout the month. This has helped cashflow at a difficult time and got them through the slump to position them well now that trade has picked up again.

What are the benefits for your company?

  • Peace of mind – solid numbers so you understand where your business has been, where it is and how you can take it where you want to go. This gives a strong platform from which to expand your business and with the help of an experienced FD to develop this further.
  • Inform your business decisions – tracking performance by product or project and discussing this with an experienced finance professional enables you to see how profitable different areas of your business are and enable you to focus on and develop those areas.
  • Having solid systems of financial control – helps you know there’s nothing lurking in the background and that the finance function in your business can continue operating despite staff changes etc.
  • Goals and Targets – Having a finance professional help forecast enables you to see what you need to be doing each month to meet your own personal and business goals.

How does the service work?

LKA’s Virtual FD Service can be provided in conjunction with our compliance service or as a stand-alone service and can be tailored to your requirements.

Our service has helped many CEOs, owners and businesses to realise their potential.

If you would like to find out more and to discuss our monthly or quarterly retainer plans, please call 020 3915 8585 or email enquiries@lkassociates.co.uk.

Management Reporting

Our dedicated team work closely with you and your business to provide insightful management information to help improve profits and grow your business. Our solutions are tailored to your business and shared digitally for immediate clarity and transparency. We can provide:

Simple advice when you need it

For more information, please feel free to contact our office in Thames Ditton today.

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