The effectiveness of SME depends largely on the contribution of economic management in the organizational, financial and investment strategy. The External Finance Director is actively involved in formulating and implementing business strategy and that automatically makes him a valuable partner.
The innovative service of the external economic management is offered after agreement with small businesses that do not have their own chief financial officer or unwilling to undertake the substantial fixed cost of such a manager. They want to do so to achieve the lowest possible cost with the best possible service
The external financial director is both a scientist and an expert called for professional, experiential and technical advice. An external financial operations manager is, above all, the specialist who has extensive training and knowledge in a specific area.
A really good finance director is helping others to earn money also helps customers to see the value of their experience and gain more benefits from it. A financial director is above all useful
The External Finance Director is part of a continuous process of solving problems, with very high individual skills, such as the ability to communicate well orally and in writing, to take quick and right decisions, to work with personal motivation and, above all, to be observant.
An entrepreneur in every case has invested heavily in professional advice, wants to ensure that he hired a creative mind. Someone who observes and predicts the existence of problems and solves them in advance for the benefit of all. Someone who offers practical rather than theoretical solutions.
The services of an external financial management among others include:
§ Business strategy and creation of economical policy and business planning
§ specific written report with specific suggestions for improving the business
§ analysis, control and monitoring of cash and working capital
§ financial analysis of the use and interpretation of appropriate indicators
§ analysis of deviations from targets and coordination towards a common goal
§ the financial evaluation of different corporate contingency plans
§ cost analysis and analysis of opportunities and threats
§ monitoring the implementation of economic policy