A Virtual Financial Director (FD) is a business advisor from a trusted source who works part-time. They can work virtually alongside your full-time team to help with your financial plan for the business. At Nordens, our Virtual Financial Directors care about the well-being of your business and can help you grow with their financial insight.
With time, you’ll get to know your Virtual FD and eventually be able to put your faith in them. Because you will have more direct interaction with them than you have with your accountant and they will be in your management circle, trust is of great importance. Because of this, they will be able to see potential dangers and possibilities to your firm well in advance.
With Covid affecting the normal work lifestyle, it has highlighted the importance of being able to be flexible within your company as well as having the help of a business advisor to show the threats of Covid and how to recover.
The reasons for the increase in the number of companies using our Virtual Finance Directors service include:
- an increase in competition in the market
- budget cuts within a business mean a cut in costs
- detrimental financial impacts on the business due to the pandemic
Whilst there are many benefits to having a Virtual FD for your business, the main ones include a reduced cost compared to having a full-time Finance Director and always having a financial expert on hand to help you with your business decisions.
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OUR SERVICES
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Tax
We value that the majority of new customers come to us through recommendations and that they strongly believe we provide an excellent accounting service.
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Strategic Advisory
Our strong, enduring relationships with our clients mean we can concentrate on creating better strategies for their businesses to succeed.
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Audit & Assurance
Nordens Audit Ltd conducts all audits; these are an in-depth investigation of a firm and are used to determine the state of a corporation.
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Accounting Compliance
Every business, no matter how large or small, has to make the correct choices, and figuring out how to effectively manage your accounts might raise a lot of questions.
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Restructuring & Insolvency
Within our professional restructuring and insolvency team we have a plethora of experience in assisting companies, creditors, and individuals' concerns.
