IT DOES NOT MATTER THE SIZE OF YOUR BUSINESS… be it for 5-7 hours a month or just for a few days a month….every business will benefit from the relief that an Outsourced CFO will provide…. and YES you can have one for only a few hours a month!! It’s not a matter of “if” you need one but more a matter of for how many hours or how many days a month you need one.
A part-time CFO is a modern-day, cutting-edge and cost-effective solution for organizations requiring financial expertise but without the budget or workload to require a full-time professional. Adding this executive accounting function to your department, gives you the ability to use our resources as needed, without adding unnecessary overhead costs. You can have high-level expertise on an outsourced part-time basis at a fraction of the cost of a full-time executive. We work alongside upper-level management to address pressing financial concerns, mentor existing bookkeeping and accounting staff and help you make critical financial decisions as needed. Think of the part-time CFO as a valuable resource for growing with and understanding your organization. We can provide specialist services to small organizations that are not able to consider full time staffing. We can also be an ideal fit for an organization that is too small to need a steady financial executive.
How would a CFO help your company? Here are just a few ways.
- Assists you in designing a written plan that focuses on your business growth.
- Assists you with your business decision-making so you make well –informed and good financial decisions based on timely and reliable financial data.
- Perform cash flow management and cash projections to determine when you will either have surplus cash or a shortage of cash that would prompt the need for financing
- Prepare timely, accurate and useful monthly financial reports so you know where you stand on a consistent basis
- Assist in review and interpretation of monthly and year-to date financial statements and results.
- Keep your books current so that you are audit- ready, tax return preparation-ready and loan-application ready year- round.
- Provide strategies to help you improve cash flow, maximize your profits, pay the least amount of taxes required by law and, even build personal wealth.
- Assist with budget preparation and monitoring
- Assist with financial reporting
- Accounting Department Oversight
You will be so relieved having your own CFO on your team, partnering with you to keep your business finances and accounting department on the right track while you focus more on managing your business. Schedule a complimentary discovery HERE to get started now.
Natasha Dornbush, CPA