Virtual Chief Financial Officer
The founder of a SaaS startup in the USA came to us regarding some financial consultancy. He was going through some tough times and wanted me to assist him around tax structuring and cost-effectiveness of business. The first question we asked him was, “How many people do you have in your team?”
He at once told me, “15 in total other than my co-founder. 4 for sales, 6 for product development, 3 PR & customer support, 2 for accounting & finance.” I got my answer. The first and the foremost thing for a startup to be cost-effective is to curtail all unnecessary HR expenses.
The cost of extra employees goes way beyond merely salaries and includes occupied resources like PCs, sitting space, bonuses, cafeteria, etc. More the employees, the harder it is to establish coordination and accountability. Not to mention the employees turnover in startups and the cost of the cumbersome process of hiring it brings with it! Did we count the cost of orienting the new employees and their retention? God!
But, what’s the solution to all this hassle? 👇
Virtual Chief Financial Officer (VCFO)
The main USP of partnering with us as your Virtual Chief Financial Officer (VCFO) is that we provide you with an umbrella solution to all your financial requirements so that you don’t have to run from pillars to poles to get the work done.
Everything from bookkeeping, franchise tax, publishing state annual reports, HR and Payroll services to filing federal and state tax returns, transfer pricing, cross border taxation, assurance etc leading to better net profits, better investment prospects and better growth prospects. All this at a great value-for-money proposition on retainership.
Virtual CFO vs. a Regular CFO
- No need to allocate limited resources like sitting space, PCs, etc that could have been put to better use.
- Specialised knowledge partner for your every requirement so that you never run out of expertise, reducing the cost of outsourcing.
- Better accountability due to the persisting relationship of service providers and client instead of employee and employer.
- Robust confidentiality.
- Fewer tax obligations and tax nexus.
- Direct synchronisation of interest: The more your business grows, the more work and referrals for us, simple as that!;
- No need to worry about orientation, training, retention cost and zero bothering of promotions, bonuses, gossip etc.
Our services bring profitability and predictability into your business and give you the priceless peace of mind to monomaniacally focus on business growth. We get the money flowing in the first stop, help your startup keep more of it and get you access to more money when you want to expand with everything running like clockwork.
To see how we can implement all this in your business, give us a call right now on 7727887799 (also available on WhatsApp) or email us your requirements at firstname.lastname@example.org and we will reach out to you with tailor-made, bulletproof solutions, within 2 hours.
We provide a wide range of professional services to take full accountability as the virtual CFO to your business.
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Let us discuss your requirements on a no-obligation discovery call, anytime as per your convenience.