The FD Advantage (What your FD should be Doing)
By Liam Wall
()
About this ebook
This book is targeted at those senior executives within the leadership team who have responsibility for finance and risk, in companies with revenues under £25 million.
Although the actual job title for such an executive varies, for the purposes of this book we are using the title “Finance Director”.
As a company grows beyond the start-up phase it requires access to a wide range of business & technical resources.
However, in comparison to a company with a turnover of £250m it is unlikely that they will need, or will be able to afford, these resources on a full-time basis.
Outsourcing such skills is the usual route. However, what is often ignored is the necessity of managing these resources.
Solicitors, insurance brokers, surveyors, pension providers, banks, specialised lenders, private equity providers, venture capitalists, suppliers, loss adjusters, accountants and tax advisers to name but a few will provide these resources. Ensuring they all work together needs proactive management which falls to the Finance Director.
It is likely that the “Finance Director” holding these responsibilities is a member of the original founding team, an accountant, a lawyer or a chartered secretary. They will therefore tend to be very knowledgeable on one or possibly two resource areas.
The purpose of this book is to help Finance Directors identify what areas fall within the remit of finance and risk.
Liam Wall
Liam is an experienced Finance Director with over 20 years’ experience as Head of Finance at board level within a range of sectors covering professional services, leisure, retail, business services and IT. Liam has been a member of the ICAEW (Institute of Chartered Accountants in England and Wales) since 1993 and is a member of the Institute of Directors. He has also co-authored two books and has volunteered as a Charity Director since 1990. Liam is also founder and chairman of the Association of Finance and Risk professionals. The AFRP is a professional body promoting education and professional standards for people involved in managing businesses at board level.
Related to The FD Advantage (What your FD should be Doing)
Related ebooks
The Growth-Driving Advisor: Proven Strategies for Leading Businesses from Stuck to Best-in-Class Rating: 0 out of 5 stars0 ratingsEnduring Success: What We Can Learn from the History of Outstanding Corporations Rating: 0 out of 5 stars0 ratingsFinancial statement analysis A Complete Guide Rating: 0 out of 5 stars0 ratingsManagement Science Featuring Micro-Macro Economics and Management of Information Technology: Enhancing Management in It Rating: 0 out of 5 stars0 ratingsStrategy in Practice: A Practitioner's Guide to Strategic Thinking Rating: 0 out of 5 stars0 ratingsJobs with Zero-Capital (Vol.One): Explicit.Motivational.Practicable.Towards Being My Own Boss. Rating: 5 out of 5 stars5/5Everything You Should Know About Startup: 121 Foundational Concepts for Every Entrepreneur Rating: 0 out of 5 stars0 ratingsWinning the Influence Game: What Every Business Leader Should Know about Government Rating: 0 out of 5 stars0 ratingsLessons from Your Future Self: Wisdom That You Will Learn Later...but Now!!! Rating: 0 out of 5 stars0 ratingsChief investment officer A Clear and Concise Reference Rating: 0 out of 5 stars0 ratingsPeak Teams: Mastering the Habits of Unstoppable Venture-Backed Companies Rating: 0 out of 5 stars0 ratingsBe a Startup Superstar: Ignite Your Career Working at a Tech Startup Rating: 0 out of 5 stars0 ratingsThe Book Every Leader Needs To Read: Pages & Pages of Mentorship Rating: 0 out of 5 stars0 ratingsDrive Your Career Rating: 0 out of 5 stars0 ratingsFire Your Boss: And Take Full Control of Your Life: It’S Simple, Not Easy Rating: 0 out of 5 stars0 ratingsInnovation is Everybody's Business: How to Make Yourself Indispensable in Today's Hypercompetitive World Rating: 0 out of 5 stars0 ratingsPricing Models The Ultimate Step-By-Step Guide Rating: 0 out of 5 stars0 ratingsSo You Want To Be A Company Director Rating: 0 out of 5 stars0 ratingsFrom Poverty to Power: or The Realization of Prosperity and Peace Rating: 5 out of 5 stars5/5Boom and Bust Again: Policy Challenges for a Commodity-Based Economy Rating: 0 out of 5 stars0 ratingsProfiting From Uncertainty: Strategies for Succeeding No Matter What the Future Brings Rating: 4 out of 5 stars4/5Leading for Impact: The CEO's Guide to Influencing with Integrity Rating: 0 out of 5 stars0 ratingsYes You Can Have a Successful Business and a Fantastic Life Rating: 0 out of 5 stars0 ratingsRight-Brain Project Management: A Complementary Approach Rating: 0 out of 5 stars0 ratingsEarn It: A Surprising and Proven Approach to Getting into Top Mba Programs Rating: 0 out of 5 stars0 ratingsFrom the CEO's Perspective Rating: 0 out of 5 stars0 ratingsThe Art of Startups: How to Beat Larger Companies Using Machiavellis War Strategies Rating: 0 out of 5 stars0 ratingsFrom Nothing to Millionaire in Six Months Rating: 0 out of 5 stars0 ratingsProperty Profits: A Lazy Investor's Guide to Making Money in Real Estate Even if You Don't Have Time or Patience for All the B.S. Rating: 0 out of 5 stars0 ratingsBusiness Blindspots: Eliminate Hidden Challenges for Exponential Growth Rating: 0 out of 5 stars0 ratings
Leadership For You
Emotional Intelligence Habits Rating: 5 out of 5 stars5/5The Introverted Leader: Building on Your Quiet Strength Rating: 0 out of 5 stars0 ratingsHow to Win Friends and Influence People: Updated For the Next Generation of Leaders Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5The 48 Laws of Power Rating: 3 out of 5 stars3/5On Writing Well, 30th Anniversary Edition: An Informal Guide to Writing Nonfiction Rating: 4 out of 5 stars4/5The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers Rating: 4 out of 5 stars4/5The 5AM Club: Own Your Morning. Elevate Your Life. Rating: 4 out of 5 stars4/5The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You Rating: 4 out of 5 stars4/5Emotional Intelligence 2.0 Rating: 5 out of 5 stars5/5The 7 Habits of Highly Effective People: 30th Anniversary Edition Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5How to Lead When You're Not in Charge: Leveraging Influence When You Lack Authority Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5Overcoming Impossible: Learn to Lead, Build a Team, and Catapult Your Business to Success Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5The 360 Degree Leader Workbook: Developing Your Influence from Anywhere in the Organization Rating: 4 out of 5 stars4/5Five Minds for the Future Rating: 4 out of 5 stars4/5The 21 Irrefutable Laws of Leadership Workbook: Revised and Updated Rating: 5 out of 5 stars5/5How to Get Ideas Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5Everyone Communicates, Few Connect: What the Most Effective People Do Differently Rating: 5 out of 5 stars5/5Leaders Eat Last: Why Some Teams Pull Together and Others Don't Rating: 4 out of 5 stars4/5Why Motivating People Doesn't Work . . . and What Does: The New Science of Leading, Energizing, and Engaging Rating: 4 out of 5 stars4/5Lead Like Jesus Revisited: Lessons from the Greatest Leadership Role Model of All Time Rating: 5 out of 5 stars5/5
Reviews for The FD Advantage (What your FD should be Doing)
0 ratings0 reviews
Book preview
The FD Advantage (What your FD should be Doing) - Liam Wall
The FD
Advantage
What the Finance Director Should Be Doing
© Copyright 2016 by Liam Wall
Liam Wall has asserted his right under the copyright, designs and patents act 1988, to be identified as author of this work.
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher or the Copyright Licensing Agency.
FIRST EDITION – February 2017
British Library Cataloguing in Publication Data
A catalogue record and a copy of this book are available from the British Library
ISBN: 978-1-910372-98-2 eBook
ISBN: 978-1-910372-99-9 Paperback
Parvus Magna Press publishes limited run and niche interest books in the UK. If you would like to see your book in print please email your manuscript to [email protected]
About the Author
Liam is an experienced Finance Director with over 20 years’ experience as Head of Finance at board level within a range of sectors covering professional services, leisure, retail, business services and IT.
Liam has been a member of the ICAEW (Institute of Chartered Accountants in England and Wales) since 1993 and is a member of the Institute of Directors. He has also co-authored two books and has volunteered as a Charity Director since 1990.
Liam is also founder and chairman of the Association of Finance and Risk professionals. The AFRP is a professional body promoting education and professional standards for people involved in managing businesses at board level.
Table of Contents
Introduction
The Role
Who is your FD?
CEO’S vision.
The founder’s financial feel
Understand and measure value.
Understand business other directors’ portfolios
Business’s marketplace
Involvement with the sector or industry.
Part of the business community.
Understand the competitors
Understanding your Product Advantage
A good Finance Director will manage risk.
Building systems and processes
External help.
Investors
Understanding KPI’s
Business Modelling
Business Performance
Understanding the bank
Find the most appropriate funding.
The Good Finance Director
Introduction
This book is targeted at those senior executives