Make your business more attractive to potential investors with EIS

The UK tech industry is Europe’s number one Tech Nation with investment in 2019 soaring 44% to £10.1 billion.  Whilst investment is readily available, getting hold of it is another matter.  Around 12,000 tech companies started business in 2018,  so competition for investment is intense. How does a business maximise their chance of a successful fundraise? One of the main reasons that investment for start-ups is more readily available in … Continue reading

Why every business needs a modern finance director

Estimated reading time 8:00 minutes (but worth it!) As a supplier of FD Services, we often meet potential clients who are not entirely sure what a modern finance director does, or why they need one.   “I have a financial controller who is more than capable of producing a good, timely set of management accounts, what would a finance director add?” The modern finance director has changed, no longer are they … Continue reading

Isosceles Graduate Recruitment 2020: We are still (virtually) recruiting!

Like many firms, Isosceles has had a graduate recruitment process in place for several years to attract top talent. Whilst the current global health crisis may have disrupted some firms, here at Isosceles we are working hard to get our clients through and need more talent to achieve this. In our latest blog, we reveal why we continued to recruit during this uncertain time and detail how we have used … Continue reading

How to achieve a fit for purpose finance function

Entrepreneurial technology businesses are now in uncharted territory and experiencing a range of financial, HR and operational challenges as the coronavirus outbreak seeps into every aspect of operations.  Often, it is only when a crisis occurs that ineffective and inefficient structures in the finance team and the finance function emerge and create issues. In our latest blog, we explore how the deployment and management of a bloated finance team during … Continue reading

Summer Economic Update: Chancellor reveals plans to support UK recovery

In his Summer Economic Update Chancellor of the Exchequer Rishi Sunak today (8 July 2020) unveiled a ‘Plan for Jobs’ worth up to £30 billion to support the UK’s recovery from the Coronavirus outbreak. In his address in the Commons, the Chancellor delivered a much-anticipated statement on the Government’s plan for entering the second phase of the recovery. In our latest blog, we outline some of the notable changes to … Continue reading

UK Government pledges £1.25 billion support package to help fast-growing firms

Estimated reading time 4:00 minutes UK businesses driving innovation will receive support through the coronavirus outbreak with a £1.25 billion support package. The much-anticipated shot-in-the-arm for entrepreneurial businesses includes a £500 million fund for high-growth firms and £750 million of grants and loans for research and development focused activities. In this blog, we reveal what this intervention involves, why the Government has launched the initiative and how businesses can receive … Continue reading

CBILS: UK Government-backed initiative to support SMEs during the pandemic

Estimated reading time 5:00 minutes Small and medium-sized businesses now have access to financial support through the Coronavirus Business Interruption Loan Scheme (CBILS). Launched on 23 March 2020, and expanded on 2 April 2020, the scheme enables businesses to address cash flow issues caused by COVID-19. The initiative is a central component in a broader package of government support for UK businesses and employees. Introduced on 23 March 2020, and … Continue reading

Coronavirus: How to manage cash flow and working capital

Estimated reading time 6:00 minutes Coronavirus (COVID-19) has affected millions of people around the world. The increased prevalence of this ‘black swan’ event has been matched by a rapid transition away from office-based work, to self-isolation and home-based work activities. With the outbreak declared a ‘global pandemic’ and no apparent end in sight, we reveal what founders of entrepreneurial technology businesses are doing to safeguard their cash flow, working capital … Continue reading

Sunak splashes the cash, but slashes Entrepreneurs’ Relief in Budget 2020

Estimated Reading Time 6:00 minutes Chancellor Rishi Sunak unveiled the Government’s first Budget on Wednesday (11 March) in the House of Commons. Among the expansionary fiscal plans, the chancellor allocated billions to combat the economic disruption caused by COVID-19 with investments in public services, promised significant investments in infrastructure and made headline-grabbing R&D and business rates relief commitments. However, whilst we welcome the measures to protect the economy in the … Continue reading

How an interim finance director can help recruit a permanent finance director

Estimated reading time: 6:00 minutes Hiring a finance director is a significant investment for a business, and the often-exhausting process usually comes at the most inopportune moment.  Our advice is to appoint an interim finance director to support the business through the transition and enable the CEO to focus on making the correct long-term appointment. In our latest blog, we introduce the role the interim finance director can play in … Continue reading