I have
substantial experience in working with venture capital-backed and owner-managed
businesses
Venture capital trusts invest
in companies to earn a high return in the medium term. Usually, this involves a
high degree of financial control (particularly where the business has been
under-performing) with a finance director with strong controls skills and a
strong personality. The role of the finance director is different to that in
larger corporates because the FD is expected to think like an owner (particularly
around cash, profit, risk and value) and will have some close attention in the
running of the business by the VCs (usually these are also accountants; this
article discusses the role and
competency of FDs in general.
Owner-managed businesses can
provide their own management
challenges, besides some financial ones.
Whilst private equity-backed
companies are not public companies, they are run with the professionalism of a
public company. Many of the internal controls, process, procedures and
reporting mechanisms found in public companies are found in these. Small
private equity-owned busxfciness can take advantage of the full range of
strategic, commercial and financial skills that I can provide.