North East business advisory firm Ryecroft Glenton (RG) is toasting success after doubling the size of the team in its separate SME division, with more recruitment set to come.
Its Outsourced FD service line was founded five years ago by RG partner Dan Cooper to provide an outsourced finance function solution and board level advisory support for SMEs. The service helps business owners to make informed strategic decisions and assists them in achieving their growth objectives, while supporting them to navigate challenges.
RG, which has offices in Newcastle, Northumberland, and North Tyneside with 15 partners, says Outsourced FD has achieved year-on-year growth between 30% and 40% and established a UK-wide client base, including companies with interests across the US market, in sectors such as recruitment, architecture, and technology. Continued growing demand for the service has come as a result of referrals from non-executive directors and other professionals advising scale up SMEs, through continuing to grow its presence in the market, and from existing clients, who have valued all aspect of its offering over the last five years.