- Financial Advisory Consultant: Virtual CFOs are able to manage and interpret your financial results. They can help you prioritize financial spending and use that information to formulate clear goals for your business. This means that difficult questions like "Should we do this marketing campaign?" can be answered. Cash flow is better managed, and a concrete plan can be developed for the company's goals.
- Tax Dealings and Consultant:
Virtual CFOs are able to take care of all your tax needs. They can prepare federal and state income tax returns for both the owner and the company, as well as other company-specific tax returns. You will also be able to review tax strategies to minimize the tax impact on your business.
- Accounting Consultant:
Virtual CFOs can handle your accounting needs at the level you need. They can work with both internal accounting staff and virtual or outsourced accounting teams to produce timely and accurate financial data that the business needs. This means you don't have to worry about the status and quality of your financial reports. They also set up accounting systems, guide internal control measures, and review accounting procedures.
- Additional Services: As
an added value fee, Virtual CFOs offer a range of other financial services, such as negotiating tax discrepancies with the IRS, handling business acquisitions, and assisting with bank loans.
