If you’re like most entrepreneurs, your business began as a vision.  You refined your vision, ambitiously studied your market, targeted your customers, developed a plan, and through grit and determination turned your vision into a reality.  Now your business is up and running and probably growing faster than you thought possible.

Managing growing pains

At this point, you may find yourself getting lost in the day-to-day operations of running the show.  You spend hours making financial decisions, paying bills, and dealing with staffing issues.  Even though you are busier than ever, the cash flow isn’t matching your expectations or meeting your goals.  The vision that brought you this far has been stifled.  There are just not enough hours in the day to manage your evolving business, while also planning for your company’s financial future.   

It’s time to hire a Virtual CFO

There’s no time to waste.  Bringing in a talented CFO to accurately assess your cash inflows and outflows, offer strategic financial analysis, and suggest creative ways to save money is critical to the success of your business.  However, a full-time, in-house CFO may not be in the budget and, for many small businesses, may not be necessary.  Thanks to technology, you can hire an experienced financial professional to provide the same function as a traditional CFO, at a fraction of the cost.  A Virtual CFO works part-time and remotely to tackle payroll, provide timely and accurate reports, manage the complexity of your books, and ensure your cash is flowing so you can focus on what really matters: building your business.  

Make expert financial decisions

Financial advice is critical to your company’s financial well-being.  When you hire a Virtual CFO, you’re hiring someone who not only generates reports, but interprets data, provides valuable insight into economic trends, and helps you make the best financial decisions for your business.  A Virtual CFO creates a financial plan that uses historical financial data and forward-thinking ideas to give you a competitive advantage and help you reach your financial goals.  They are a trusted team member who protects you and your assets. By using video conferencing, email, and document sharing, your Virtual CFO provides you with the communication you need to make expert financial decisions at all stages of growth.  

A full-time, in-house CFO often comes with a hefty price tag.  When you hire a Virtual CFO, you get custom services specific to your needs, without the overhead and risk.  A Virtual CFO works in a variety of business sectors and brings their vast financial knowledge, experience, insight, and deep understanding of accounting practices to your company.

Whether you’re experiencing rapid growth, struggling to optimize your profitability, or need help navigating your financial decisions, a Virtual CFO might just be your next step.

Wondering if hiring a Virtual CFO is right for you? Let’s talk!

Request a custom quote or more information about a service we offer. Call (916) 645-9744.