The Blog

MMA digital presented at our Lancashire North West FD Network event about the increasing importance and on-going developments of social media and how it can increase your bottom line.

CEO Dez Derry tuned the audience in by starting off with some startling facts. Over 50% of world’s population under 30 If Facebook were a country it would be the world’s largest A new member signs up to Linked in every second More than two-thirds (69%) of all Internet users going online through mobile devices ...
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At our NWFD Manchester event in March one of the workshop topics that our FDs discussed was private equity finance. Adam Rudd of Gresham Private Equity fed back the views of his group.

Typically three types of investor:  Venture capital or Angel investors; Private equity capital or large buyout groups. Mid-market private equity firms, like Gresham PE, look to invest in profitable and proven businesses with an enterprise value of between £10-100 million. These investors can vary by sector and how involved in the business they are and ...
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Analysis of the mergers and acquisitions market from KPMG, by Director Phil Scott

At our NWFD Manchester event in March we welcomed Jonathan Boyers, Corporate Finance Partner at KPMG and winner of the 2012 NW Insider Dealmaker of The Year award – to give an analysis of the current M&A Market. Before the credit crunch the deals market was buoyant, even racy, with companies regularly buying and selling ...
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At our March FD event we focused on ‘Growing Businesses’

At our March FD event we focused on ‘Growing Businesses’ and had a presentation from Dave Wilson, Finance Director at GB Group & winner of North West Finance Director of The Year, 2012 Quoted Company Awards – Finance Director of the Year HOT 20 FDs in TMT who shared his experiences of growing businesses.  GB ...
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How to structure a job description, by Director Simon Speak

A well-structured job description is vital for attracting the right candidates for your role. Beyond the recruitment process, it then helps employees understand their responsibilities and helps you evaluate their performance. The job description allows you to showcase the job and is your opportunity to attract the most appropriate candidates so include as much as ...
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CV tips for job seekers by Director Tammy Smith

In a busy jobs market like the one we are currently experiencing, competition for roles is higher than ever and so differentiating plays an integral part in getting the job you really want. The CV is the crucial starting point, it is the first representation of you to an employer or recruiter and so you ...
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Supply Chain efficiency –what effects it and how best to achieve it, by Director Phil Scott

So many factors effect supply chain efficiency and so many FDs have experiences to share; it made for a lively discussion in the workshops at our recent NWFD Network events. The most popular scenarios that effect supply chain efficiency include;  Elements coming from many different suppliers No spare parts or reserves of stock Changes in ...
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Tax and Audit updates – changes and new legislation, by Simon Speak

At our Manchester NWFD event recently we welcomed CLB Coopers who presented to the network updates on tax and audit issues which may affect their businesses. Changes to the Audit threshold, effective from October 2012 mean that some companies will no longer have to partake in an audit that previously did. The criteria now states ...
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Real Time Information – what the impending legislation means by Director Simon Speak

With the new legislation effective from April 2013, RTI is a hot topic in finance departments and so made for great discussion in our recent NWFD event workshops. At the moment it all depends of the size of your business and number of employees as to when you have to get involved – but the ...
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Cloud Computing – migrating to the cloud, what it does and the benefits, Director Phil Scott

Cloud is an increasingly popular tool used by businesses, but many are still unaware of its full potential. We invited Paul Sweeney, MD of award winning The National Cloud to talk to the NWFD Manchester network on how it works. The Cloud can h help to keep businesses going – and growing, and there are no limits ...
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The Benefits of Share Option Schemes – for employers and employees, by Director Phil Scott

At our recent NWFD Network event in Lancashire, event partners Moore and Smalley and guests Napthens presented on share option schemes. The two main contributors to the success of these schemes is; making sure you have the right legalities in place – and this is where Keith Melling from Napthens helped out on the day, ...
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International Trade payments – a look at the risks and options, by AFR Director Simon Speak

At our recent North West Finance Director Network event in Lancashire, Joseph Cave from Barclays bank discussed payment options available when trading on an International scale and the pros and cons of these methods. There is a lot to consider when entering this new realm of trading, and each different country and even transaction needs ...
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New Year New job – Tammy Smith Director AFR Consulting

If you are thinking that you have got all you can out of your current role, or find yourself too regularly getting that Monday morning feeling on a Sunday it is a good idea to start considering your future. The starting place is to think about your ideal job and focus on your ultimate career ...
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AFR Director Simon Speak – The skills and value of an effective finance department

Having a great finance team can ensure your business weathers the storm; they are central to success and integral to growth. Particularly when times are tough employers need to focus on developing an effective finance team with the right skills and experience to overcome economic challenges. Having a firm grip on credit control and cash-flow ...
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AFR Director Phil Scott – ‘LinkedIn for Accountants’

LinkedIn is the most popular social networking channel for businesses and professionals with 4 out of 5 being registered users, and Financial Services within the top 3 industries active and yet to many it is still a bit of a grey area as to how to actually use it, and more importantly benefit from it. ...
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Director Phil Scott’s expert insights on www.goalsandachievements.com

AFR Consulting Director Phil Scott recently gave his ‘expert insights’ on Goals and Achievements website. Goals and Achievements is a leadership development company that works with accountants in large organisations who aspire to reach Director level or equivalent. Duncan Brodie is the Director, after 25 years in the accountancy profession managing and leading teams in a range of ...
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AFR Director Phil Scott -Too much work & unpaid overtime impacts work-life balance of NW finance professionals

For the average UK employee a typical working week is 43.5 hours, but if you’re providing professional services then that figure can rise to 60 hours per week.  So why do senior professionals work such long hours? During difficult times employees, worried about job security, will often respond by working longer in the hope of ...
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AFR Director Simon Speak reviews the ICAEW’s Business Confidence Monitor

The ICAEW’s Business Confidence Monitor tracks a wide range of key economic indicators, quarter by quarter. It not only offers a strong steer of the overall direction of the economy, highlighting the key concerns and illustrating what is driving change. The results of q3’s survey were released recently and a summary of results is available ...
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AFR Director Tammy Smith – Why use a recruitment consultancy?

Why use a recruitment consultancy when looking for your next appointment? Job advert V’s recruitment consultant Now obviously we are somewhat biased, but using recruitment consultants when making your next appointment has many benefits. Getting to know you  We get to know your business so that we can make the perfect match – and the ...
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Making the most of your financial services career potential By Phil Scott AFR Consulting Director

Having recently read the article http://www.onrec.com/news/news-archive/men-in-financial-services-out-earn-women-by-21 about the massive pay differences for men and women, and the general lack of pay rises in the industry, it got me thinking about how young people may perceive embarking on a career in financial services. As a young dynamic woman starting out on the career ladder this is ...
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AFR Director commentary in Accountancy magazine

SOURCE: Accountancy Magazine March 2012 The Job Market is particularly tough for older accountants, but Phil Scott says age should not be a factor when recruiting  As a recruitment consultant, I’ve witnessed the challenges faced by job seekers in the current economic climate.  Fewer vacancies and more candidates means finding a new position is a ...
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AFR / Bolton Evening News Ageism Article

SOURCE: Bolton Evening News & Recruiter International Jan 2012. ‘Age is leaving skilled staff on scrapheap’ A RECRUITMENT firm says skilled workers are being left “on the scrapheap” because of their age. According to research by financial specialist recruiters AFR Consulting, 88 per cent of accountants have experienced ageism when applying for jobs The recruitment ...
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AFR 2012 FD Economic prediction survey

SOURCE: Business Desk Dec 28th 2011 A SURVEY of 200 finance directors from the North West has indicated that the overwhelming majority are predicting recovery to be a long slog. Just 6% said they expected a recovery in the economy in 2012, with 85% indicating that they believed it could be 2-4 years before businesses ...
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