There will come a time when growing businesses reach a point where they need professional financial advice, but can’t afford a full-time CFO or controller. This is when C.K. Accounting comes in to provide a better option and expert advice.
With our Part-Time CFO service, you can work with a professional financial manager who can help guide your business to success.
The cost of hiring a full-time CFO can typically range from $60,000 to over $100,000 annually plus bonuses and benefits. Our Part-Time CFO services provide you with experienced support at a more affordable cost.
Here are some of the perks you can get with our Part-Time CFO services:
- 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 fewer 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 make critical business decisions and help you clarify your business plans.
- The 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 managing your accounting staff.
- Improved quality and timeliness of financial information.
- Budget preparation and monitoring.
- Profitability analysis by service or product line.
- Tax saving strategies.
- Trend analysis.
- Assistance in defining long-range plans and the quantification of goals.
- Cash 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.