Outsourced CFO
Get expert advice at an affordable price.
Need professional financial strategies at cost-effective rates?
Outsourcing your CFO services with GJR Consulting gets you the best of both worlds.
Don’t Miss Out on the Advantages of Outsourced CFO Services
A typical CFO is your business’s Chief Financial Officer. They manage the financial actions of your company, tracking cash flow, ensuring financial statements are accurate and up to date, and other financial responsibilities. They are entrusted with analyzing the financial data that comes in and recommending the actions your business takes in the future.
It’s a crucial position, but hiring an in-house, full-time CFO can be cost-prohibitive. You must consider their salary, benefits, and their expected annual pay raises. These expenses often lead small businesses into hiring a less experienced CFO because he or she commands a more modest salary.
Experience and costs are just two of the reasons that companies hire a virtual CFO or outsource their CFO services to firms like GJR Consulting. When you partner with us, your business is getting the full service of our entire team for less than the cost of a single in-house CFO.
We have years of experience in everything from accounting services and tax planning to cash flow management and financial statement services. We go in-depth into the details of your business, learn your long-term goals, and customize the strategies you need to achieve those objectives.
External CFO Services Are the Perfect Fit for a Growing Business
Many growing businesses reach the point where they are raising capital and need professional CFO services, but they cannot afford the cost of hiring a full-time person. This middling point is the perfect time to team up with a part-time external outsourced CFO.
As a business owner, you can understand the value of partnering with a team that already has services in place for financial reporting and long-term strategic planning.
Instead of spending the time learning and building your own best practices or standard operating procedures, you can take advantage of the time we’ve put in to developing these strategies. Our team also already has relationships with financial institutions such as banks, insurance agencies, attorneys, and other third-party vendors. We negotiate the best rates on your behalf, and you can mark these tasks off your to-do list.
Running any business takes creative problem solving, and having CFO as a service gives you a partner who has already solved many of the problems you’ll be facing. We can help you decide where to cut costs, what amount of financial risk is acceptable, and resolve cash flow problems before they become disruptive to your operations. We take the lessons we’ve learned in the past and tailor them to the specific details of your organization.
Virtual CFO Services Offer an Objective Perspective on Your Company
Sometimes all it takes is an outside perspective to see the issues that are holding you back. You are spending all day within your processes, and that focus can make you miss the bigger picture. Outsourcing your CFO services allows you to get an objective perspective on your growth, goals, and the state of your financial well-being. On top of that, you won’t have to be the “bad guy” anymore. GJR Consulting can come in to manage your goals and point out the inefficiencies in your systems without taking sides or engaging in personal conflicts.
Our team can provide a financial forecast for the future that analyzes the growth of your business and predicts the struggles you might face as your organization expands. We can analyze the financial health of your company to see where our focus is needed the most. As an outside perspective, we can examine your goals, short- and long-term, to make sure they will serve your business well.
We believe your business deserves the best services available, and we take a personal stake in your success. Our staff can train your team in the methods and processes we’ve seen do well. These types of lessons equip your team for the future and give them valuable skills that will serve your business for years to come.
To learn more about outsourcing your CFO services with us, contact GJR Consulting today.
82%
of small businesses fail because of cash flow problems.
