What are the different ways a virtual CFO can help you and your business?

You can work with a virtual CFO in a couple of different ways. How you do so will depend on the level of support you require.

You are able to use the services of a virtual CFO as little or as much as you would like, although the true essence of working with a virtual CFO is an ongoing arrangement so you receive the maximum benefit for you and your business.

The typical working arrangement with a virtual CFO is ongoing monthly or quarterly guidance and advice, including the following services:

  • Bookkeeping
  • Accounting
  • Income tax returns
  • Activity statements
  • ASIC compliance
  • Strategic planning and advice
  • Budgeting
  • Cash flow management
  • Performance management and financial reporting
  • Tax planning

The alternative arrangement is to use your virtual CFO on a specific project basis, which could include services such as:

  • Strategic planning
  • Business plans
  • Budgeting
  • Cash flow forecasting,
  • Development of key performance indicators (KPIs)
  • Profitability analysis and improvements
  • Cash strategies
  • Financing or capital raising
  • Systems assessment and development
  • Due diligence
  • Business valuations
  • Mergers and acquisitions
  • Exit strategies

The reality is that you can tailor the virtual CFO services to suit your specific needs. Your virtual CFO will take the time to understand your unique challenges and needs, and will help you develop a tailored solution to achieve your goals faster and more efficiently.

One of the benefits of having a virtual CFO is that they are flexible and can adapt to your changing needs. As your business grows, so does their level of service and support because you are not just working with a single professional, you have a team of professionals behind you.

A good CEO (You) needs a good CFO to help drive their business forward.

For any questions you may have regarding virtual CFO services, contact us and we’d be only too willing to assist.

You will see the impact these changes have on your profit margin, your asset turnover and ultimately your return on assets.

Now you’re starting to really see where your business is financially and what you need to do to get you to where you want to be.

Are you in need of finance or funding to help grow your business? Do you clearly understand the cost of money? Contact us for a free 30 min strategy consultation. Click here to get started

Let us review your business and funding requirements to help you grow your business and achieve your business goals – big and small.

Want to take your business further with your cash? Book a 30-minute cashflow consultation and I’ll give you a copy of my book “Build It & The Money Will Come”. Click here to get started

Tony Dimitriadis
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