From rear-view mirror to front windscreen
QUICK SNAPSHOT Industry: Manufacturing | Services: Fractional CFO, Financial Health Check, Financial Reporting and Analysis THE SITUATION When Lantern Partners was engaged, this manufacturing business had just parted ways with their finance manager. They had lost...
What in the World Is Fractional? A Founder’s Guide to Fractional Executive Hiring
If you've spent any time on LinkedIn lately, you've seen the word "fractional" everywhere. Fractional CFO, fractional CMO, fractional CTO: it's become one of those terms that gets thrown around so often it starts to lose meaning. So what is a fractional executive, and...
Profit on paper. Pressure in the bank.
Cash is king - and when you can't see where it's going, your P&L is only telling you half the story. Quick Snapshot: Client & Industry: Networking Industry Challenge: Critical cashflow shortfall heading into the Christmas period Engagement: Short-term,...
The cost of outgrowing your finance function
When you're growing fast, the last thing you can afford is a finance function that can't keep up - or worse, one that doesn't exist yet. Quick Snapshot: Client & Industry: Renewable Energy Challenge: No finance function - people, processes or systems Engagement:...
From Audit Surprises to Financial Confidence
When your audited accounts determine whether funding is secured or lost, financial accuracy isn’t a compliance task… it’s a strategic necessity. Quick Snapshot This mental health organisation relied heavily on audited accounts to support government and grant...
From Spreadsheets to Sharp Decisions
From Spreadsheets to Sharp Decisions: How a National Sports Org Got Real-Time Reporting Without Replacing Systems Lantern Partners delivered a multi-phase digital reporting transformation that turned data silos into one source of truth, fast. Quick Snapshot: Multiple...
The Synergy of Strategic Partnerships: When 1+1 Equals 11
OK bear with me because, maths. But I really believe that when it comes to collaboration 1+1 truly does equal 11. Collaborating with peers, competitors, and businesses sharing a similar client base has been the cornerstone of success for Lantern Partners. Over the...
Time to review your expenses?
One of the most important things you can do to ensure your finances are in good shape is to review your expenses. It’s important to do this on a regular basis, not just when you’re encountering problems. And particularly at the moment, building up a cash buffer for...
When is the right time to engage a virtual CFO for my business?
Picking the right time to engage a virtual CFO can be tricky, but we find there are a few key signs that a business is ready for additional support. For a founder those signs are: You’re growing but you still never seem to have enough cash Fast growth can be one of...
I have an accountant – why do i need a CFO?
The challenge with any industry when you’re looking in from the outside is to understand the different roles that make up a particular profession. And I know I’ve been guilty of that when I’ve looked at other professions. Often when businesses say they have an...
