Introducing our Virtual FO (Financial Officer) service
You want to focus on your business. You want professional financial advice and not mere reporting. You want someone to help you shape your business and actualize solutions for you. But you don't have the resources to hire a full time one. Our Virtual FO service provides you one at just a small fraction of the cost.
Many small businesses fail within the first three years.
Reasons include failure to set themselves apart from the competition, and an inability to find a profitable business model. Many also do not have access to an experienced, knowledgeable CFO on a full-time basis and may have never even considered hiring one. But with an accounting professional acting as their Virtual CFO, they can keep their financial goals and realities clearly in sight.
Our Virtual Financial Officer (FO) service is an affordable alternative to hiring a full-time CFO and can make a big difference to a small business by:
Creating budgets and forecasts.
Handling all the duties of a traditional CFO, but work remotely and on a part-time basis.
Monitor the financial health and well-being of the business, usually with cloud technology.
Offer financial insight and guidance on all company decisions and issues.
Provide back-office functions such as managing accounts ledgers, depending on the client and their needs.
Pinpointing problem spending by highlighting trends in the market.
Validating or discouraging business decisions with financial well-being in mind.
These are abilities that vast majority of business owners don't possess – but are often needed in order to succeed. And that is how we can help. Our Virtual FO service combines practice knowledge, cloud-based accounting software, mobile technology and modern data analytics to provide strategic financial advice to help drive decision making, growth and good governance to startups and SMEs.