To the blog for small and medium sized business (SME) owners.

Wednesday, March 28, 2007

The Changing Role of the Finance Director in Small Business

The role of the finance director continues to change and different work aspects may exist for the finance director dependent upon sector and company size.

In small businesses it is not uncommon for a part time finance director to be appointed, with a brief to manage the finance function, prepare accounts and reports and generally be a mentor to the business owner. When a business is growing it may be financially restricted and unable to afford the services of a full time finance director, indeed in such circumstances it may be unlikely that sufficient work would exist to occupy an incumbent on such a basis.

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