An Outsourced CFO is a financial expert who sits somewhere between your Bookkeeper and Tax Accountant and provides financial strategy services on a part-time or project basis. An Outsourced CFO / business Manager provides high-level business strategy, systems analysis and creating and implementing processes, systems and procedures.
An Outsourced CFO can also help your company resolve challenges such as cash flow issues, raising capital, improving tight profit margins, implementing more efficient systems, and preparing your business for growth.
We have an initial meeting to get to know each other and how you currently run your business. I will carry out a Business Health Check and give you a proposal based on your current and future needs.
The spend for a part time outsourced CFO Business Manger can range from $1,000 to $5,500 per month depending on the size and needs of your business. Contrast that with hiring an in-house full time person – business manager, financial controller, and CFO – at $150,000+ per year, and you’ll easily see 40% + savings with this outsourced solution.
If you are an established businesses with $1million + annual turnover, 2 + staff and minimum 3 years trading, need help and support to scale and grow your business then this is the perfect hands on solution for you. You will also need to be using Xero or Quickbooks Accounting software for financial reporting and analysis.
I have over 15 years working closely with business people in many different industries, as a qualified tax accountant, advisor and mentor. I am a Fellow of the Institute of Public Accountants and have a Bachelors Degree in Professional Accounting from the University from New England.
If you are struggling to find the time to implement the things in your business you know you should, If you want timely, accurate financial data interpreted for you regularly or are just unsure where to start on actioning the plans you have, then this service is for you.
I can help you create and implement the processes and systems needed to create a Business that serves you well into the future.