Running a small to medium business is not so different to flying a plane.
Take-off is an adrenaline rush, navigating requires discipline and focus, and a safe landing relies upon foresight and excellent communication.
As any aviator would appreciate, this a difficult juggling act to perform alone. That’s where a good financial co-pilot comes in.
But what about the business owner who feels he or she has no choice but to work all hours and multi-task?
In many cases, they finish up flying blind. The multitude of tasks can often become so overwhelming, they veer off course and, inevitably enough, into a tailspin.
Having a part-time financial co-pilot by their side could easily prevent such turbulence. Especially when that financial co-pilot, has sat at the controls of some jumbo-sized operations, navigating them successfully into the financial stratosphere.
A Chief Financial Officer (Virtual CFO) is the corporate equivalent of a co-pilot, guiding the owner into sound business decisions. The best are available on-call, will use financial guidance tools to quickly identify the seven key numbers that drive sales, profit and cash flow, then set a course to much better business results. They will help the pilot avoid high costs, unhealthy business debts and inefficient business operating systems.
But whereas most co-pilots command a big salary, a highly qualified Virtual CFO can be surprisingly affordable, particularly if it’s just a few hours when needed. CFO On-Call provides SME businesses with affordable access to a network of Australia’s and New Zealand’s leading Virtual CFOs.
Recognising that there are times when your business can operate on auto pilot, CFO On-Call has developed a model where clients only pay an agreed fixed fee per month, or for the time their financial co-pilot is in the cockpit.
And those rates are a lot cheaper than outsourcing to an accounting firm, which passes on the costs of rent and staffing. CFO On-Call’s team carries a very low overhead and therefore costs a lot less.
Best of all, they are available at all times of the day and week to respond to any situation via app technology and file sharing programs.
So why fly solo, let alone blind, when quality business financial advice is so affordable and accessible?
If you think your business could use some help from a Virtual CFO to reach greater heights, contact CFO On Call today.