​​​​George Marcou

The term ‘Pocket FD’ is spoken out loud by a select few accountants and the business owners that benefit from valuable and rare service.

The select few businesses referred to in this case are not the huge multinational companies that seem to get the best services offered to them, but rather small and medium sized businesses, like yours.

 

The Pocket FD concept has been designed for SMEs (small and medium sized enterprises) and provides an essential resource that companies of this size may not normally have access to.

 

Effectively Pocket FD refers to a finance director that you can call on as-and-when you need them to help you to identify and make financial decisions that can make huge differences to your finances, often the difference between success and business failure.

 

The Pocket FD takes an active role in providing financial guidance and advice for a business and is most valuable for the thousands of small businesses that do not already have a qualified finance director as part of their staff.

Pocket FDs are also essential resources to double-check figures and major decisions being made in a company and can work alongside existing finance directors to provide fresh perspectives and often the benefit of wider experience.

 

This external guidance is structured to be available on-demand from a highly qualified professional that remains constantly engaged with your business and provides constant benefits, at a fraction of the cost of a full-time member of staff.

The most surprising part of this concept is that it should be available to every business and business owner, as it is delivered by the most qualified professional that every business engages, your accountant.

 

OK, not all accountants want to offer this service, but it actually makes business sense for them to do so, as the additional involvement helps to guarantee the business-health of their clients and therefore benefits their own business in the long-term.

 

Really a no-brainer for business owners and their accountants.

 

What difference can a Pocket FD make to a business?

 

Of the thousands of small companies that have gone bust during this recession, 100% had an accountant.

 

There are accountants who, by comparison using a variation of the Pocket FD concept as part of their accountancy services who have not lost a single client to bankruptcy. These clients continue to thrive with proactive active involvement and guidance.

 

The next concern that a business may have “Is How Much Will This Cost Me?”.

 

The right accountant can save you a fortune.  They will help you to cut waste, make the best use of expenses and allowances to limit the amount that the business pays in unnecessary tax.  These services should pay for themselves many times over.

 

Another no-brainer.

 

Not all accountants are the same.  

 

Look for a professional that cares as much for your success as you do.   It could make a huge difference to the results that your business can achieve.

 

Choose your accountant carefully to ensure that they have the right attitude to help you with your bsusiness.  Don't give up if you can't find a proactive accountant straight away, they are out there.