October 11, 2016

Virtual CFO

Virtual CFO

Our Virtual Chief Financial Officer (CFO) service (listed below) helps you stay on top of your game: The game of winning in business. While general accounting services are important to any business,  our Virtual CFO service provides a higher level of all important support. With extensive commercial experience accumulated across numerous industry sectors worldwide, we offer a considerable knowledge base to share with your team. Outsourcing your Finance role and responsibility to someone like us makes perfect sense as you gain the benefit of our years of experience and yet pay a fraction of the cost of a full-time CFO.

Odds are that you face challenges every day in business from cash flow and fluctuating income to making key investment decisions. Add to that the need to keep an eye on market conditions including those impacting your specific industry sector and it becomes obvious it can be a very lonely place being an owner, especially when all these decisions need to come through you. Sometimes there just aren’t enough hours in the day to deal with all those issues.

“You don’t know what you don’t know.”

We can help in a number of ways but particularly in deciding on:

  • Best business structures, systems and processes that help you better manage growth.
  • Budgeting, forecasting and cash flow management to ensure targets are set, performance is measured and you don’t run out of cash.
  • Corporate governance that ensures you are following best practice.
  • Strategic planning to help develop goals and a path to sustainable growth.
  • Opening up new markets, go to market with new products or services, and making changes to a maturing operating structure.
  • Capital Raising where there’s a need to raise additional funding, ensuring the source of funds best suits your business needs and goals.
  • Business cases and key investment decisions (even acquisitions) – help analyse your options and work through due diligence on targets.
  • Monthly business performance analysis to ensure you understand how your business is operating.
  • Exit Strategy and succession planning for owners.

As your business grows so does its complexity. We can help support you when that complexity becomes too much of a load to handle. That’s why long term relationships are important to us.

That’s where we can help, whether on a semi-casual basis or on a more structured arrangement, our Virtual CFO support is positioned to help you alleviate the stress involved in making key business decisions and in building a profitable business.

“To be successful you have to learn to ask for help.”

Virtual CFO

What we bring to the table

Virtual CFO

We enjoy helping businesses develop operationally as well as strategically.

We have spent most of our career focusing on business performance management. Helping support businesses in areas of business governance, risk, planning and performance analysis and management. But also managing specific projects involving changes to a business including systems implementations, business restructures, business acquisitions and succession plans. We’re problem solvers with skills to manage change. We’ll help your business ‘do things right’.

To help us, we use a range of models and methodologies to analyse performance. That in turn helps us identify areas for improvement and suggest practical strategies for addressing key aspects of your business.

Cost effective solution

Most large corporates have the resources and need to invest in a full-time CFO, but small and medium sized businesses often can’t afford that luxury. When you take all costs into account, that often means an annual cost closer to $150,000 to $200,000. Why not try a virtual alternative and have access to an experienced Chief Financial Officer , something most businesses still need. That is especially the case when going through a lot of change, turmoil or growth. Some owners fall back on their accountant to fill that role. That’s fine, as long as they (the accountant) can dedicate the time and resource to properly support your business when its needed. When they can’t, outsourcing to our Virtual CFO service makes perfect sense and is very cost effective.

‘A lot of business owners are good at what they do in business but aren’t necessarily good at all aspects of business.’

The benefits of tapping into a wealth of experience to help you make critical decisions far outweigh the costs. How much is it worth to you to have someone dedicated to help you manage your business. In our role, we challenge the status quo and properly analyse changes you plan to make before you make them. We explore what other options you may have. We’re forward thinking and results driven so improving your bottom line and business value are paramount to what we do. And, we will improve your bottom line, not add to it.

Time for you to beat the odds! Find out more about our Virtual Chief Financial Officer (CFO) advisory services. Lets meet, the first coffee or beer’s on me.