Improve your cashflow
Book a free 30 minute call with a financial co-pilot and uncover profit and cashflow opportunities
GET Virtual CFO Services AUSTRALIA WIDE
Think of us as your Financial Co-Pilot, taking responsibility for your business numbers and financial challenges, so you can drive your business and make money
Financial Confidence in your Business comes from four key elements:
Virtual CFO FAQ’s
virtual cfo
Generally an outsourced CFO charges between $1200 and $2000 per day. This may sound expensive, however a good outsourced CFO will deliver many times their cost in improved profit, cash flow and business value. They should be able to identify ‘quick wins’ straight away for a business. You don’t need to supervise them… they walk in and identify quickly what needs fixing… after a brief discussion with a business owner. Opportunities abound for CFOs to pay for themselves from ‘new money’ they help you to create!
Well rounded experience over several decades, is a must when hiring an outsourced CFO. Someone who has been ‘knee deep’ in the financial dealings in business, rather than someone fresh out of university with no experience, will deliver great value to a business.
Good communication to be able to explain the financial position and work out what you need to do about it is a must. The true value of a CFO is helping you to change the ‘status quo’… not accepting it. They are there to help you change and they can only do that with lots of ‘real live’ commercial experience.
Some accounting firms promote that they offer CFO services. This is because the accounting bodies e.g. CPA etc. have told them they need to do this to remain relevant to their clients. The unfortunate reality is they don’t have the resources to deliver. This is because most recruits to accounting firms are fresh out of university, with no ‘real live’ business experience. You can’t amass experience from a textbook. You have to ‘live it’, experience it and learn from it.
A dedicated CFO has gained this from (sometimes) painful experience. They know how to see trends and guide business owners away from ‘icebergs’ that could sink the ship.
Book your 30 minute call
Book your 30 minute call with a financial co-pilot here:
What are the benefits?
1300 362 436A quick summary of the benefits to you:
- Access to experienced financial experts: Have the brightest financial brains on hand in an instant via Skype or other online meeting systems, as if they were in the office next door.
- Your time is more flexible: Meetings can be online and at times that suit your busy schedule.
- Growth and planning guidance: A Virtual CFO can help you with growth and profit planning and can prepare projections for your bank or lender.
- Strategic advice: A Virtual CFO can work with you on a realistic financial strategy to improve cash-flow and profit and help guide you and the business towards it.
- Support with navigating complex issues: Have an expert help with pricing, costing, margins, targets, interpreting management accounts and providing you with useful reports that you and your staff can easily understand.
- Seamless systems: Documents can be shared, collaborated on and stored online. Final accounts and recommendations can be presented, just as if you were sitting together face to face.
- Profit growth: Most importantly, regular clients make a 51% improvement in profit. Why not your business? Click here to learn more.
The cost benefit:
- You don’t have to employ someone full-time or part-time to do the same job, freeing you from the responsibilities and on-costs of employment.
- Most of the Virtual CFO’s time input will take place at their home office or online. You won’t be required to provide office space or equipment to accommodate their needs, and they spend little or no time in traffic or travelling. They work more efficiently and cost you less.
- Fewer people in transit getting to and from workplaces is good for efficiency and the planet.
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