Strategic Financial Advisory & Management Accounts for Growing Businesses
Most accountants tell you what happened last year. CoreAcc tells you what's going to happen next — and what to do about it. Our strategic advisory service is designed for ambitious business owners who want more than just compliance: they want a trusted financial partner who can help them make better decisions, improve profitability, and plan for sustainable growth.
Based in Borehamwood, Hertfordshire, our advisory team works closely with directors and owner-managers across Hertfordshire, North London, and beyond — delivering the kind of insightful, commercially-minded support that was previously only available to large corporates with in-house finance teams.
What's Included in Our Strategic Advisory Service
- ✓Monthly or quarterly management accounts — profit & loss, balance sheet, and cashflow statement in a clear, actionable format
- ✓Financial KPI dashboards — real-time visibility of the metrics that matter most to your business
- ✓Cash flow forecasting and scenario modelling — plan for growth, seasonal dips, or unexpected expenses
- ✓Budget preparation and variance analysis — compare performance against plan every month
- ✓Business planning and financial modelling for investors, lenders, or internal decision-making
- ✓Virtual Finance Director (FD) service — strategic support at board level without the cost of a full-time hire
- ✓Profitability analysis by product, service line, customer, or geography
- ✓Working capital optimisation — improve debtor days, stock management, and cash conversion
- ✓Support for funding applications, including bank loans, government-backed loans, and alternative finance
- ✓Pre-sale preparation and financial due diligence support if you're planning to sell or acquire a business
Management Accounts: Why They Matter
Statutory accounts are prepared once a year, looking backwards. Management accounts are prepared monthly or quarterly, looking forwards. For any business that is actively trying to grow, management accounts are not a luxury — they are an essential management tool.
With regular management accounts from CoreAcc, you will always know your current revenue run rate, gross margin, overheads as a proportion of turnover, net profit, and cash position. More importantly, you will know how these figures compare to your plan, to last year, and to industry benchmarks. This gives you the information you need to make confident decisions about hiring, pricing, investment, and expansion.
Virtual Finance Director (FD) Service
Our Virtual FD service is ideal for businesses that have grown beyond the point where basic bookkeeping and year-end accounts are sufficient, but that aren't yet ready to hire a full-time Finance Director. We provide:
- ✓Attendance at regular board or management meetings (in person or via video call)
- ✓Input on pricing strategy, margin improvement, and cost control
- ✓Preparation of investor-ready financial packs
- ✓Oversight of your bookkeeping function and internal finance team
- ✓Guidance on the financial aspects of major business decisions
Who This Service Is For
Our strategic advisory clients typically fall into one of these categories:
- ✓Owner-managed businesses turning over £500k–£5m that have outgrown basic bookkeeping but don't yet need a full-time FD
- ✓Tech startups and scale-ups preparing for investment rounds or rapid headcount growth
- ✓Businesses preparing for sale, merger, or acquisition
- ✓Multi-director companies where accurate, timely financial information is essential to decision-making
- ✓Any business owner who feels they are flying blind financially and wants to change that
Frequently Asked Questions
What is the difference between management accounts and statutory accounts?
Statutory accounts are the formal annual accounts filed with Companies House and HMRC — they are a compliance requirement. Management accounts are internal financial reports prepared more frequently (monthly or quarterly) and designed to inform business decisions. Management accounts can be formatted to your specific needs and typically include KPIs, forward-looking forecasts, and commentary — none of which are required in statutory accounts.
How often should I receive management accounts?
For most growing SMEs, monthly management accounts are ideal as they give you timely enough information to course-correct quickly. For smaller businesses or those in a more stable phase, quarterly may be sufficient. We work with each client to determine the right cadence and level of detail.
Can CoreAcc attend our board meetings?
Yes. As part of our Virtual FD service, we can attend board, management, or investor meetings to present the financial position, answer questions, and contribute to strategic discussions. Many of our clients find this particularly valuable when they have external investors or bank relationships to manage.
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