2 minutes read

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 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 co-pilot by their side could easily prevent such turbulence. Especially when that co-pilot, has sat at the controls of some jumbo-sized operations, navigating them successfully into the financial stratosphere.

A Chief Financial Officer (CFO) is the corporate equivalent of a co-pilot, guiding the owner into sound business decisions. The best are available on-call, will use guidance tools to quickly identify the seven key numbers, then set a course to much better cash-flow and profitability. They will help the pilot avoid high costs, unhealthy debts and inefficient operating systems.

But whereas most co-pilots command a big salary, a highly qualified 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 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 advice is so affordable and accessible?

If you think your business could use some help from a financial co-pilot to reach greater heights, contact CFO On Call today.

By Sue Hirst Co-Founder CFO On-Call

Sue was managing an accounting practice when she co-founded the business in 1991. She has expertise in financial management, product and service development and human resource management.

Sue is passionate about explaining accounting concepts in clear English so business owners can make sense of their own numbers.