A virtual CFO can help your business boost its financial health by helping you make more informed decisions about investments, expenses and cash flow management.A virtual chief financial officer is a professional who provides business owners with much of the same advice and guidance you would expect from a traditional CFO. The main difference between the two? Virtual CFOs work remotely, which allows them to charge lower rates than their in-office counterparts.

THE ROLE OF A CHIEF FINANCIAL OFFICER

A Chief Financial Officer (CFO) is a senior executive who oversees the financial operations of a company. The CFO is responsible for all financial decisions, including budgeting and forecasting, calculating cash flow and analyzing balance sheets.The role of a CFO can vary greatly depending on the size and scope of the business. In small companies with less than $1 million in revenues per year, there may be multiple people performing accounting duties as well as other administrative roles such as payroll supervisor or human resources manager. On the other hand, large publicly traded companies usually have one or two full-time Chief Financial Officers who are responsible for handling all finance-related functions alone

WHAT IS INCLUDED IN VIRTUAL CFO SERVICES?

• Financial Planning
• Budgeting
• Tax preparation
• Accounting and bookkeeping services
• Risk management (including insurance, compliance and fraud prevention)
• Cash flow management, forecasting and reporting

If you’re ready to take your business to the next level, please schedule a free consultation below!