Helping ambitious creative business owners build sustainable and profitable firms to achieve their goals​

Business Advisors, Virtual FDs and Xero Accountants for creative and digital businesses

Not your average accountants

Empowered Finance is a new breed of FD advisory and accountancy firm based near Bath and working with clients across the UK. Set up specifically to work with growing creative and digital businesses, we provide Business Advisory, Virtual FD and Xero accountancy services to grow your business more profitably and sustainably, helping deliver the lifestyle you dream of.

Specialists in the creative industries, we have worked with some of the largest and most well known brands and agencies in the UK. This gives us a unique perspective when advising our clients as we have first hand experience of some of the most common challenges including cash flow management, pricing creative services and client profitability.

Having worked with Mike for a number of years, he is very experienced at helping agencies improve their financial processes and performance. He is trusted counsel for leaders and a source of pragmatic advice for those running agency businesses.

Tom Coombes, CEO Cognito

Who we help

Start Ups

Starting a business is high risk. Putting in place the right financial foundations will give you access to the right data about your cash and your trading performance, reducing the likelihood of going out of business. 

Challenges we help with...
  • Accounting basics taken care of including accounts, tax and compliance, keeping the taxman happy and you focused on your business
  • The right financial systems including Xero accounting software to give you realtime information about your business
  • Annual meeting to review commercial performance, discuss personal and business objectives and make sure they are aligned

Scale Ups

Your business is growing and you need to make sure that the cash continues to come in as the costs increase.

 

Challenges we help with...
  • Get your time back by outsourcing your finance team to us
  • Our dashboards and KPIs will provide visibility of your performance and act as an early warning signal if you are off track
  • Analysis of your business to understand your drivers of revenue and costs, so you can decide which levers to pull to improve your profits

Established

Stable and profitable you are looking at how you can take your business to the next level.

 

Challenges we help with...
  • Access funding to drive your business growth
  • Make sure your business is scalable by reviewing and optimising your financial systems and processes
  • Manage increasing complexity as your business grows through the use of our Virtual FD service. Let us wear the finance hat and support you with our expert financial knowledge

Our approach

We know each client is different. We also know that what’s right for one client won’t necessarily be right for another. So we use our Know Your Numbers methodology to understand your personal and business goals, the current state of your business and the challenges you are facing. From this we determine which of our accounting, tax and advisory services are best suited to your needs, to set you on the path to a sustainable and profitable business.

1. Big Picture

We start by talking through your personal and business objectives, to understand why you do what you do, where you want to be and how we can help get you there.

  • Long range plan
  • Personal and business objectives

2. Fundamentals

Informed business decisions can only be made with accurate data. We review your systems to understand where you currently are and the changes required to give you accurate, compliant finances.

  • Systems review and implementation
  • Finance process review
  • Annual accounts
  • Corporation tax
  • VAT
  • Payroll

3. Insights

We create a budget and track progress with management reports and KPIs. This allows you to identify any red flags and make the necessary adjustments to your business, keeping you on the path to success

  • Bookkeeping
  • Management reporting
  • KPIs

4. Momentum

Our virtual FD service means you have an experienced partner to help you build and maintain the momentum on the journey to achieving your goals.

  • Monthly or quarterly advisory
  • One off projects
  • Mentoring
  • Fund raising
  • Pricing Strategies
  • Contract Negotiation
  • Management reporting

Contact Us

To arrange your free discovery call please complete the form or contact us directly using the details below.

Tel: 07769 907751
Email: mike@empowered.finance
Empowered Finance, Glove Factory Studios, 1 Brook Ln, Holt, Bradford-on-Avon BA14 6RL