CFO and Controller Services

Why Do You Need A CFO?

 

In these challenging times every company deserves to have a great CFO on the team. It may not be feasible for a small business to hire a full-time CFO or a Controller. A full-time CFO usually costs over $100,000 annually. A cost effective option is to outsource CFO or Controller functions on a part-time basis.

A CFO works with business owners to explore strategic business decisions, create shareholder value, improve profitability and cash-flow by deploying strategic measures, implement different cost reduction strategies, and implementing a system to utilize resources effectively and efficiently.

– Preparing monthly financial reports for management
– Cash flow projection and break-even analysis
– Properly implementing cost management
– Budgeting and forecasting
– Maintaining accounting policies and procedures
– Developing and maintaining performance measurement
– Formulating financial strategy
– Formulating risk management and tax strategy
– Strategic business planning
– Negotiating with banks and credit unions for debt financing
– Implementing best practices and benchmark
– Managing compliance policies
– Improving internal controls
– SWOT analysis

If you are interested to learn more about what a part-time Controller and CFO can do for your business, please contact us.

 

QuickBooks and Sage 50 Support

– Designing and Implement Proper Inventory management system

– Setting-up accounting books

– Troubleshooting working with Quickbooks