Outsourced Controller / CFO Services

The average cost of hiring someone to fulfill a Controller or CFO role ranges anywhere from $70,000 to $400,000 per year, and this does not include employment taxes, bonus and other benefits. Consider outsourced controller or CFO services by contracting one rather than hiring one. 

The experience and expertise of a controller or chief financial officer (CFO), a person who understands the language of business with a head for numbers, is what most growing and expanding businesses need, someone who can introduce alternative measures and strategies to help improve the business, to monitor the financial aspects of the business operations and to assist with long range planning and decision making.
 

Here are some ideas on why this may be right for you:

  • More time to focus on new services, new customers, and other core business issues
     
  • A better understanding of the financial side of your business so you have less surprises and more control over the money
     
  • Improved decision-making capabilities from clearly seeing the hard and true numbers of your business
     
  • A readily available sounding board to help you with those tough business decisions and help you clarify your business plan
     
  • Comfort from knowing that a professional is overseeing, protecting, and constantly improving the financial side of your business
     
  • A professional who establishes strong financial controls in your business to reduce employee theft and increase profits
     
  • Training and management of your accounting staff
     
  • Improved quality and timeliness of financial information
     
  • Financial system implementation and training
     
  • Budget preparation and monitoring
     
  • Profitability analysis by service or product line
     
  • Tax planning and tax saving strategies 
     
  • Trend analysis
     
  • Assistance in defining long-range plans and the quantification of goals
     
  • Assist with year end financial audit
     
  • Cash flow management
     
  • Liaison with bankers, attorneys, vendors, insurance agents, etc.
     
  • Assistance in obtaining financing from banks, including assistance with negotiations
     
  • Review/negotiation of insurance policies
     
  • Development of company accounting procedure manuals
     
  • Analysis of equipment purchases, expansions, etc.
     
  • Mergers and acquisitions assistance
     
  • Custom designed collection policies and procedures
     
  • Project base assistance and management

Do you need help with your business finances?

Do not want to spend the money or time to hire/train someone? 

Looking for more information or tips on handling bookkeeping? 
Let our blog be a resource! 

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