Frequently Asked Questions
Here is a list of the most common questions asked by potential clients in regard to our service offering
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Who will my primary point of contact be?
This is our director and shareholder Kevin Steel FCCA - Kevin is a chartered accountant who has built and sold an accounting firm, and also worked as Group COO and CFO for larger organisations
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What other services do you offer?
We offer a number of services such as M&A, Non-Exec Director and accounting system transfers. Our Other Services page has more info.
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How much are your Fractional CFO fees?
This depends on the level of support required and the size/complexity of your business. For example - a £15mm revenue business will likely be more complex than a £1mm business.
As a guide, our minimum fee, which would apply to a client with < £2mm revenue and good financial data is £2,500 + VAT per month.
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How are your fees paid?
We work on an agreed fixed monthly fee and will send your first invoice 30 days after commencement of services. Invoice payable within 7 days via bank transfer.
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What happens if I feel it’s not a good first after the first 30 days?
We don’t send you an invoice, and you are not required to pay for any work/services provided. Completely risk free.
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Is there a minimum contract?
We are confident in our service delivery and are interested in building a long-term relationship with you, so we don't require any kind of minimum contract.
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I am happy with my current accountant, do I need to leave them to use your Fractional CFO service?
No - we work in partnership with many accountants. Our focus is on financial analysis and business strategy, we don’t get involved in tax returns, payroll, producing your company accounts etc.
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I want to leave my current accountant - do you provide accountancy services also?
Yes - we are a fully registered accounting firm with the Association of Chartered Certified Accountants (ACCA) and provide a full suite of accounting and bookkeeping services. See our Other Services page for more info.