Follow us on LinkedIn, Instagram, and Twitter. An in-house finance function is a fixed cost and a liability for growing companies, particularly during economic turbulence. When sales are unpredictable, and cash flow is constrained, identifying opportunities to minimise the cost of your finance function is a good way to maximise an early-stage business’ likelihood of surviving. This blog discusses the benefits of outsourcing some or all the finance function and … Continue reading →

Entrepreneurial technology businesses are now in uncharted territory and experiencing a range of financial, HR and operational challenges as a result of a rapidly changing economic environment.  Often, it is only when a crisis occurs that ineffective and inefficient structures in the finance team and the finance function emerge and create issues. In this blog, we identify the indicators of an inefficient finance function and insights into how to build … Continue reading →

Estimated reading time 8:00 minutes (but worth it!) As a supplier of FD Services, we often meet potential clients who are not entirely sure what a modern finance director does, or why they need one.   “I have a financial controller who is more than capable of producing a good, timely set of management accounts, what would a finance director add?” The modern finance director has changed, no longer are they … Continue reading →

As we move into an age where artificial intelligence is less like something from a science fiction novel and more like a viable means to improve business, the time of calculations carried out laboriously using pen and paper is thankfully well and truly gone. Starting with the introduction of software applications like VisiCalc in 1978 and QuickBooks in 1998, the finance function has gradually moved away from manually calculated spreadsheets … Continue reading →

“When should I outsource accounting?” is a crucial question that entrepreneurs may consider in their business’ early stages of growth and development. With the current business environment presenting serious challenges for businesses of all sizes, entrepreneurs may be looking to outsource their finance function or elements of it to grapple with the impacts of the global pandemic compounded by the conclusion of Brexit negotiations. In this blog, we outline how … Continue reading →

Entrepreneurs may want to outsource accounting at this challenging time to concentrate on revenue-generating activities, growing the business and navigating the stormy months that lie ahead. In this blog, we outline the mechanics of how a business can outsource accounting and explain how specialists, like Isosceles, can support early-stage and growing businesses with a professional, durable and appropriate part of the finance function. A quick scan around the internet and … Continue reading →

An interim FD is very similar to a part-time FD, but there are a few subtle differences. A part-time FD works with growing businesses on a long-term part-time (a day a week or a day a month, for example)  basis. They support companies who need the insight of an FD but cannot justify a full-time resource. An interim FD is temporarily engaged to deal with a particular situation For example: … Continue reading →

Despite being divided by a common language, there are shared cultural roots, which make the Anglo-American relationship important both economically and politically, and thus the UK is the obvious choice (despite the issues of Brexit) for US companies to establish their first European subsidiary. The Magna Carta, sealed in 1215, is more than just a peace treaty between the quarrelsome and unpopular King John of England and a group of … Continue reading →

The world of accounts outsourcing is changing rapidly As providers of accounts outsourcing to growing technology companies, we are seeing an increase in the number of exciting and innovative accounting tech startups seeking our services to help them to scale. This sector includes online book-keeping, expense management, planning and tax software solutions. With the investment community readily investing in UK accounting tech companies (like the ones below), the disruption of … Continue reading →

When we first start the process of preparing a client’s business for sale, the first question is usually “How much is my business worth?” followed quickly by “How can I increase its value?” The difficulty, in answering these questions, is that valuing a business is to a degree, more an art than a science and the answer is actually, ”it depends”. Ultimately, and it may sound cliché, but a business … Continue reading →