{"id":25,"date":"2020-08-03T14:34:46","date_gmt":"2020-08-03T13:34:46","guid":{"rendered":"https:\/\/fdexec.co.uk\/?page_id=25"},"modified":"2020-08-20T22:11:16","modified_gmt":"2020-08-20T21:11:16","slug":"growing-your-business","status":"publish","type":"page","link":"https:\/\/fdexec.co.uk\/how-we-help\/growing-your-business\/","title":{"rendered":"Growing Your Business"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Top Banner Section&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/fdexec.co.uk\/wp-content\/uploads\/growing-your-business-quickly.jpg&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; custom_padding_last_edited=&#8221;on|desktop&#8221; module_class=&#8221;intro-panel&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;95%&#8221; width_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;60px||80px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;10px|10px|10px|10px|false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Heading &#038; Intro Text&#8221; module_class=&#8221;intro-panel&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#ffffff&#8221; header_3_text_color=&#8221;#ffffff&#8221; background_color=&#8221;rgba(0,85,165,0.9)&#8221; custom_padding=&#8221;40px|40px|40px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;30px|20px|30px|20px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<h1>Growing Your Business<\/h1>\n<h3>Solid financial foundations are the key to profitable growth<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Breadcrumb Section&#8221; module_class=&#8221;breadcrumb&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_row _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_code admin_label=&#8221;Breadcrumb ShortCode&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;]<nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Text Left  &#8211; Image Right Section&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; custom_padding_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;80px|40px|60px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;40px|0px|30px|0px|false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#333333&#8243;]<\/p>\n<h2>Over the last couple of Millenia we have learnt that when we want to construct a building that will last through the ages it must be built on solid foundations<\/h2>\n<h3>If it is not, as many architects and engineers have found out to their great cost, it all comes crashing down, often creating considerable carnage.<\/h3>\n<p>And so it is with organisations. If they are not built on solid financial foundations, there is a great risk that as the volume of transactions increases, the ability for them to be correctly processed starts to diminish, and if the correct processes and controls are not in place, risks start to be increased in a number of areas, <strong>and it can all come crashing down<\/strong>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_image src=&#8221;https:\/\/fdexec.co.uk\/wp-content\/uploads\/solid-business-foundations-1.jpg&#8221; alt=&#8221;Photo of colosseum to depict solid business foundations&#8221; title_text=&#8221;solid-business-foundations&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;550px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_blur=&#8221;10px&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||80px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||30px||false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Strapline Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|300|||||||&#8221; text_font_size=&#8221;22px&#8221;]<\/p>\n<p style=\"text-align: center;\"><em>&#8220;At the end of the day, as the old adage goes, there are only three reasons businesses fail: <strong>cash, cash and cash<\/strong>&#8220;<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Text Panel on Grey Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; background_image=&#8221;https:\/\/fdexec.co.uk\/wp-content\/uploads\/growing-your-business-financial-director.jpg&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; custom_padding_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;80px|40px|60px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;40px|0px|30px|0px|false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#333333&#8243; background_color=&#8221;rgba(255,255,255,0.9)&#8221; custom_padding=&#8221;40px|40px|40px|40px|false|false&#8221; custom_padding_tablet=&#8221;20px|20px|20px|20px|false|false&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221;]<\/p>\n<h2>There are five principal stages of a business lifecycle:<\/h2>\n<p>&nbsp;<\/p>\n<ol>\n<li>Start-up<\/li>\n<li>Survival<\/li>\n<li>Growth<\/li>\n<li>Maturity<\/li>\n<li>Renewal\/Rebirth\/Decline<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Start Up Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;66px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<div class=\"numcircle-green\">1<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#333333&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#0055a5&#8243; header_3_text_color=&#8221;#333333&#8243; background_enable_color=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|10px||10px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>Start-up<\/h2>\n<h3>One of the worlds largest retailers had modest beginnings. <\/h3>\n<p>It is well documented that Jeff Bezos started his Amazon, his online book business, in the garage of his rented home following a loan from his parents. Even large businesses have small beginnings.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Survival  Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;66px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<div class=\"numcircle-green\">2<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#333333&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#0055a5&#8243; header_3_text_color=&#8221;#333333&#8243; background_enable_color=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|10px||10px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>Survival<\/h2>\n<h3>The next stage of a life cycle is survival.<\/h3>\n<p>Products or services are further developed, markets are expanded, and most important of all surviving through those first difficult times.<\/p>\n<p>It is often said that the true definition of an entrepreneur is a business owner who has had to go to a cashpoint to withdraw money from personal sources to pay their employees\u2019 wages. According to the UK\u2019s Office for National Statistics nearly 60% of businesses will fail within their first 5 years.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Growth  Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;66px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<div class=\"numcircle-green\">3<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#333333&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#0055a5&#8243; header_3_text_color=&#8221;#333333&#8243; background_enable_color=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|10px||10px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>Growth<\/h2>\n<h3>This is very much the exciting time within a business lifecycle. <\/h3>\n<p>Sales growth, products or services expand, new customers, new employees, but this phase also brings great risk as the right resources are neglected or incorrectly allocated. <\/p>\n<p>However, when properly managed this is a true value creation phase.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Maturity   Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;66px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<div class=\"numcircle-green\">4<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#333333&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#0055a5&#8243; header_3_text_color=&#8221;#333333&#8243; background_enable_color=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|10px||10px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>Maturity <\/h2>\n<h3>Businesses mature, they become clunky, they can become inwardly focussed and complacent.<\/h3>\n<p>When their markets change, their customers change and they stop listening &#8211; their original values change and they become  mis-aligned. This biggest single challenge a business will face as they start to mature is complacency and thinking what got us here will keep us here. It won\u2019t.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; make_equal=&#8221;on&#8221; admin_label=&#8221;Renewal\/Rebirth\/Decline  Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#ffffff&#8221; text_font_size=&#8221;66px&#8221; text_orientation=&#8221;center&#8221;]<\/p>\n<div class=\"numcircle-green\">5<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#333333&#8243; header_2_font=&#8221;|300|||||||&#8221; header_2_text_color=&#8221;#0055a5&#8243; header_3_text_color=&#8221;#333333&#8243; background_enable_color=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|10px||10px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>Renewal \/ Rebirth \/ Decline <\/h2>\n<h3>Every business at some point will need to go through a renewal cycle. <\/h3>\n<p>The digital age has brought the ability for disruption quicker and cheaper, resulting in far more fundamental changes to markets, business processes and business models. We are without doubt in an age of significant change. <\/p>\n<p>Big conglomerates are like oil tankers, it takes time and distance to change direction whereas on the other had SME\u2019s are like speedboats, changing direction and accelerating on a six-pence. It is renewal or decline.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Questions Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;1000px&#8221; custom_padding=&#8221;80px|40px|40px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;40px|0px|20px|0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#333333&#8243;]<\/p>\n<h2>What are the challenges faced by growing businesses and how does a cost effective part-time FD really help?<\/h2>\n<h3>Let us answer some of the questions business owners have:<\/h3>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;It was going so well, now its just problem after problem&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>It was going so well, now its just problem after problem<br \/> <\/strong>Answer: An experienced hand to look after the important aspects such as finances, processes and systems gives senior people \u201cbandwidth\u201d.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;I think I am running out of money&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>I think I am running out of money<br \/><\/strong>Answer: Proper cashflow planning will give plenty of notice of what is required by when and where external or internal.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;my processes can\u2019t cope&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>My processes can\u2019t cope<br \/> <\/strong>Answer: Expert part-time FD\u2019s have seen most situations before and are aware of what is most likely to work and what isn\u2019t. They will help develop internal processes that will cope with growth.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;my key suppliers are getting angry at delayed payments&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>My key suppliers are getting angry at delayed payments<br \/> <\/strong>Answer: A key part of cash flow management is not only suppliers, who can be at the bottom of the list, with dire consequences, but other aspects of working capital management. There are a myriad of financing solutions that may be appropriate to enable continued growth.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;my bank seems to have turned on me&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>My bank seems to have turned on me<br \/> <\/strong>Answer: Part-time FD\u2019s will manage external relationships so external parties know what is going on and know what is required, rather than being left in the dark until too late.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;its all getting too much, I don\u2019t think I can cope anymore&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>It&#8217;s all getting too much, I don\u2019t think I can cope anymore<br \/> <\/strong>Answer: Having that expert helping hand to turn to who has the experience working in similar businesses will raise the confidence and performance not only of the senior person, but those around them.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;this is a lot lonelier than I thought it would be; where do I turn&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>This is a lot lonelier than I thought it would be; where do I turn<br \/> <\/strong>Answer: Its lonely at the top, and unsurprisingly this is one of the top observations from business leaders. A part-time FD regularly becomes the trusted right-hand person able to impart balanced and unbiased advice when needed.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;I can\u2019t cope with everything at once&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>I can\u2019t cope with everything at once<br \/> <\/strong>Answer: How do you eat an elephant? And the answer isn\u2019t a large knife and fork. Breaking your challenges down, delegating key tasks to experts, creates opportunities.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;I don\u2019t know where we can get the resources we need to build the business&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221;]<\/p>\n<p><strong>I don\u2019t know where we can get the resources we need to build the business<br \/> <\/strong>Answer: There is more than one way to skin a cat and there are a variety of sources to provide the funds to profitably grow. An experienced part-time FD knows where to turn in the right circumstances.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Testimonial Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; background_image=&#8221;https:\/\/fdexec.co.uk\/wp-content\/uploads\/part-time-fd-client-testimonials.jpg&#8221; custom_margin=&#8221;60px||||false|false&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;60px||||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;30px||||false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;||||||||&#8221; header_2_text_color=&#8221;#ffffff&#8221;]<\/p>\n<h2>Client&#8217;s Who Trusted Us<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||40px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||20px||false|false&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_testimonial job_title=&#8221;Managing Director&#8221; company_name=&#8221;Engineering, Birmingham&#8221; quote_icon_color=&#8221;#696969&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;55px&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;|300|||||||&#8221; body_font_size=&#8221;18px&#8221; author_font=&#8221;||on||||||&#8221; position_font=&#8221;||on||||||&#8221; company_font=&#8221;||on||||||&#8221; background_color=&#8221;#ffffff&#8221;]As we started to expand we needed better information on how our business was operating and our accountants didn\u2019t have the skill set we were looking for to help us out. <\/p>\n<p>We turned to FDX to provide some expert help and they were able to provide someone from their network who had the right knowledge and experience to start making a difference straight away. <\/p>\n<p>I now know really quickly what is happening in our business and have clear KPI\u2019s on our present and likely future performance, allowing me to make the right decisions. Our part-time FD has been a real boost to our team.[\/et_pb_testimonial][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_testimonial job_title=&#8221;Managing Partner&#8221; company_name=&#8221;Legal Firm, Glasgow&#8221; quote_icon_color=&#8221;#696969&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;55px&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;|300|||||||&#8221; body_font_size=&#8221;18px&#8221; author_font=&#8221;||on||||||&#8221; position_font=&#8221;||on||||||&#8221; company_font=&#8221;||on||||||&#8221; background_color=&#8221;#ffffff&#8221;]When FDX started working with us, our designated part-time Finance Director joined our 5-person management board. It was reinvigorating for the team. <\/p>\n<p>Initially working 1-2 days per week their wide commercial knowledge and experience of working with other legal firms helped me. They also assisted the other partners manage the firm strategically, and operationally, through challenging times and supported us in planning ahead for wider changes expected in the legal sector. <\/p>\n<p>Our part-time FD\u2019s previous experience enabled me to delegate to them the management of our central service operation, which freed up my time to focus on critical strategic matters including a potential merger, succession planning and the existing partners\u2019 future exits from the firm. [\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hubspot Section&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;40px||60px||false|false&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;0px||30px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Intro Statement Row&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;|40px|40px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|0px||0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Intro Text&#8221; _builder_version=&#8221;4.5.7&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|300|||||||&#8221; text_font_size=&#8221;22px&#8221;]If you want to see how we can help you grow your business,  please give us a call on <a href=\"tel:03303112550\">0330 311 2550<\/a> or complete the form and we will get back you as soon as possible.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px|40px|0px|40px|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px|5px|0px|10px|false|false&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#d9dfe4&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_text admin_label=&#8221;Get In Touch Text&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#333333&#8243;]<\/p>\n<h2>Free Confidential Conversation<\/h2>\n<h3>Complete our form to arrange a free no obligation conversation to see how we may be able to assist you.<\/h3>\n<p>[\/et_pb_text][et_pb_code admin_label=&#8221;Hubspot Form Code&#8221; _builder_version=&#8221;4.5.6&#8243; _module_preset=&#8221;default&#8221;]<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/shell.js\"><\/script><!-- [et_pb_line_break_holder] --><script><!-- [et_pb_line_break_holder] -->  hbspt.forms.create({<!-- [et_pb_line_break_holder] -->\tportalId: \"6118518\",<!-- [et_pb_line_break_holder] -->\tformId: \"83db2d72-a629-45ef-9767-6de6918373cd\"<!-- [et_pb_line_break_holder] -->});<!-- [et_pb_line_break_holder] --><\/script>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growing Your Business Solid financial foundations are the key to profitable growth<nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav>Over the last couple of Millenia we have learnt that when we want to construct a building that will last through the ages it must be built on solid foundations If it is not, as many architects and engineers have found out to their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":21,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"folder":[],"_links":{"self":[{"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/pages\/25"}],"collection":[{"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/comments?post=25"}],"version-history":[{"count":0,"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/pages\/25\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/pages\/21"}],"wp:attachment":[{"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/media?parent=25"}],"wp:term":[{"taxonomy":"folder","embeddable":true,"href":"https:\/\/fdexec.co.uk\/wp-json\/wp\/v2\/folder?post=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}