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Virtual CFO 

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Our Virtual CFO services offer high-level strategic financial planning designed to guide your business toward consistent positive cash flow and long-term growth. Each month, we dive deep into your financials, assessing your performance against key indicators and providing clear, actionable objectives to keep your business on track. This ongoing process ensures that you're always focused on what matters most for driving profitability and increasing business value. In addition, we help with forward-looking planning, such as exit strategies, giving you the insights and guidance to make informed, strategic decisions at every stage of your business journey.

 

What's All Included?

Virtual CFO Services offered by BasePoint CPA are tailored based on your business needs. At a base level, your virtual CFO services will include:

  • Initial onboarding meeting to identify and clarify your overall goals

    • This helps us determine where you want to go​

  • Analysis of financial information

    • This helps us determine where you are (your starting point)​

  • Initial financial forecast for upcoming year

    • This helps us determine where you are currently headed ​

  • Establish financial targets to meet your overall goals

    • This helps determine what will be necessary to reach your goals​

  • Monthly Zoom calls to update your forecast, identify any changes, and provide specific objectives for you to work on in order to maintain consistent positive cash flow, and grow your business to achieve your overall goals.

    • With everything calibrated in the previous steps, this is like a GPS or navigational system for your business; helping you understand where you are relative to your desired destination, where you will end up at your current rate, and the specific things you need to focus on over the next month to recalibrate your route to get you to your desired destination. â€‹

  • Then, repeat with new and improved goals! 

Additional options that can be added to your Virtual CFO services:​​

  • Budgeting and budget variance analysis

  • Weekly or biweekly cash flow management and forecasting

  • Performance management

  • Risk management

  • Working capital management

  • Strategic planning

  • Profitability analysis

  • Systems implementation

  • Due diligence

  • Presentation of financial information to shareholders

  • Mergers & Acquisition (M&A) support

  • Exit/Transition planning

  • Assist with the hiring and onboarding of full-time CFO

  • Tax planning (only available in Canada)

Growth
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What's The Difference?

The best way to sum it up is that our Virtual Controller services oversee the accounting operations, financial reporting, and the compliance side of your business, whereas our Virtual CFO services integrate financial operations with your strategic plan, and allow for forecasting and performance management systems to help keep a continuous pulse on the progress toward your strategic objectives. 

Growth

When do I need a Virtual Controller or CFO?

While every business is unique, we’ve found that for companies with topline revenues between $500k and $5M, Virtual Controller and Virtual CFO services offer an ideal solution. These services provide high-level financial oversight and strategic insights without the need for a full-time, in-house finance team. As your business grows beyond $5M and approaches $10M in revenue, you may begin to see increased value in having a dedicated in-house Controller. However, our Virtual CFO services, with ongoing monthly guidance, can still provide crucial support during this transition.

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For businesses making this leap, we can also assist with the recruitment and training of a full-time controller, ensuring a smooth handover of responsibilities. Whether you're navigating growth or preparing for your next financial milestone, we're here to provide the financial leadership you need at each stage.

Financial Consultation

If you are still wondering how our virtual CFO services can help you grow your business and enhance your cash flow, enter your email below for more information: 

Don't worry, we despise spammy emails as much as you do, and so our goal is to only provide you with specific information that you are interested in. Unsuscribe at any time. 

Summary Of Our Finance As A Service (FaaS) Levels

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Our Process

Our goal is to keep things streamlined and straight-forward. Here's how to move forward with our Virtual CFO services. 

Schedule A Meeting

The purpose of this meeting is to see if we are a good fit for your business, and to get a thorough understanding of what you need for your the financial operations of your Business. 

Click Here to schedule your meeting now. 

Confirm Your Needs

During our meeting we will learn what is important for your business, and the scope of fractional services needed to accomplish what you need. We will then provide a tailored proposal with multiple options you can choose from. Once approved, we will reach out to make arrangements to get started. 

Finance Leadership A Go

You can rest easy knowing that someone is overseeing the financial operations of your business, that your reporting requirements are being met, and that you can have a regular pulse on how your business is doing, based on the financial information, so you can make informed and strategic decisions as your business grows. 

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