An entrepreneur managing a growing business will definitely need a strategic partner to lead and manage the financial aspects of his business. Thus, Virtual CFO provides him with all CFO’s services, except the fact that the CFO will not be a full time employee. Although our CFO may not be present on-site all the time, he/she will always be there when needed.
Based on company’s size and growth stage, we provide a flexible engagement model, enabling you to increase/decrease engagement levels, through providing the opportunity of having the best CFO talent, according to your needs. Ongoing Virtual CFO retainer engagements vary between two to thirty-five hours a week. This flexible engagement model will help you keep your CFO budgets variable and low, but the experience will always remain enriching and notable.
When you might use a Virtual CFO
When you think your company should be more profitable.
When you need an experienced sounding board for discussing ideas.
When you need to apply a meaningful financial analysis.
When your accounting system do not provide timely and accurate data for reporting and decision-making.
When you spend a lot of time in accounting and financial management.
When you are not sure about the most significant factors to drive company’s growth and profitability.
When your business is growing without having a growth plan.
When you need to find outside financing, without having any bank relation.
When you need to design an effective incentive compensation program to help improve performance and avoid expensive turnover.
Making your company as attractive and valuable as possible, when you are considering selling it and you want to put your financial house in order.
When you need financial projections and “what if” scenarios.
When your policies, procedures and internal controls seem loose.
When Your financial team need assistance and training
When you would like to identify risks and opportunities for any potential investment.