Why Your Business Needs a Virtual CFO

Finding a Virtual CFO who is more Superman than Clark Kent is like striking gold. Somewhat rare, and absolutely worth their weight in a growing business.

Virtual CFOs (also known as a Management Accountants) are no ordinary number crunchers – they’re extraordinary.

Understanding the ins and outs of your business, they’re creative in strategy and natural problem solvers. And, they’re essential for your business when you intend to drive maximum profitability.

Virtual By Name – Not By Nature

Don’t get caught up in the name. Virtual in this instance doesn’t mean some computer-generated avatar on the other side of your VR goggles.

It means a qualified Accountant who works closely with you to manage your business performance using super-awesome cloud-based accounting technology, like Xero.

They’re very much real – a member of your team – just not ‘sitting-in-the-office-next-door.’

While the Virtual CFO is a new concept. It’s a way for small businesses to get CFO support that they wouldn’t have been able to afford previously.

Virtual CFOs are Goal Diggers

Virtual CFOs are Natural Problem Solvers. They’re the strategy to your growth. The fossicker to your business gold.

They will #knowyournumbers, create and monitor your budgets and forecasts, pinpoint expense leaks and give you the facts you need to make smarter business decisions.

They’ll use their financial smarts to lead your business to where you want it to be. Goal Diggers.

Real-Time Accounting and Advice

Traditional accounting provides a snapshot of your performance and financial position at year-end. It’s more about compliance and pleasing the tax man than it is about exploring future-focussed growth strategies.

A Virtual CFO monitors your performance all year around. They are on top of your numbers in real time, both financial and non-financial, to monitor your progress and ensure your business is on track to reach its goals.

Take Control of Your Financial Performance

Some businesses float from month-to-month not truly understanding their financial position and cash flow. But, it’s hard to drive growth when you don’t know where you stand.

A Virtual CFO boosts the visibility of your finances and puts you firmly in control of your performance and growth. You have access to more accurate information about your business so you can make better, more informed decisions, like, when to expand, how to turn cash into business assets, and when to hire more staff.

You’ll set realistic business budgets, forecasts, and targets – and learn how to monitor your performance against expectations day-to-day, month-to-month. Which means, no nasty, costly surprises!

We all need a hero sometimes, and that’s why an Accountant who wears a Virtual CFO hat is so important for business.

Get in touch with our team of super-accountants.

We’ll introduce you to your goal-digging CFO so you can set your business up for amplified growth.