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!

And often when we are working with clients to scope their first in-house finance resource they are looking for a unicorn who has experience in all roles within the finance function. 

They very rarely exist within the same person! And this is where outsourcing some of the finance requirements can make sense for a smaller business and avoids over-indexing on costs at too early a stage.

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!

And often when we are working with clients to scope their first in-house finance resource they are looking for a unicorn who has experience in all roles within the finance function. 

They very rarely exist within the same person! And this is where outsourcing some of the finance requirements can make sense for a smaller business and avoids over-indexing on costs at too early a stage.

To help understand what the different roles are within finance, 

you might find this cheatsheet handy.

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