CFO Services
Our Fractional CFO Services provide a sound financial structure to guide your business growth. We give you the confidence to make logical, informed decisions. Whether your goal is organic growth, rapid growth through a capital raise, growth through an acquisition, completing an initial financial offering (IPO) or selling your business, we will help get you there with our financial advice. Get Fractional CFO Services without the cost of a full-time hire that would often exceed $250,000.
What are Fractional CFO Services?
Fractional CFO services provide small business owners with expert financial guidance on a part-time or as-needed basis. We can offer strategic advice around growth, profitability, investment and sale, all while keeping costs manageable. Our CFO Services help you make insightful decisions based on logic and a strong understanding of your financials, and can often be seen as adding a business partner who act as a sounding board for difficult decisions.
How Outsourced CFO Services Save Time and Money
Outsourcing CFO services saves time and money by providing access to expert financial guidance without the need to hire a full-time, in-house CFO which are often outside of the budget of a small business. This allows small business owners to focus on their core operations while benefiting from strategic financial planning, tax optimization, and efficient cash flow management. With an outsourced CFO, you avoid the high costs of the high cost salary, while still receiving top-level financial support tailored to your business needs.
Why Hire VISTANCE for CFO Services?
- Cost-Effective Expertise: Access high-level financial guidance without the cost of a full-time CFO, making it ideal for small businesses with limited budgets.
- Develop a Strategic Plan or Roadmap: A CFO can help to draw the roadmap for the business based on ownership's high level goals.
- Scalable Support: Get flexible services tailored to your business needs, whether it's for a specific project, a busy season, or ongoing support.
- Bringing in a "Strategic Partner": Benefit from having an objective sounding board for reviewing high level business decisions that are non-biased with a holistic view across functions.
What to Expect From VISTANCE'S CFO Services
CFO services implement the financial roadmap from which your business can grow, and provide strategic advice without the cost of a full time high cost professional.
Financial Structure Implementation
Initial structuring (restructuring) and direction of financial processes and that provide visibility and clarity on business performance, clean financial reporting and clean tax submissions. This results in easier business decision making and peace of mind with tax management.
Strategic Financial Planning
Tailored financial strategies that align with business goals, focusing on sustainable growth, capital allocation, and long-term profitability. This guidance ensures key decisions are made with a clear financial roadmap for success.
Growth Strategy
For company growth, does it make sense to do organic growth, raise capital, acquire a business or IPO? Vistance helps weigh the factors determining which path makes the most sense based on the owner’s goals.
Succession Planning
Planning to sell your business? A CFO can assist in streamlining operations and preparing your company to achieve its highest valuation.
Financial Risk Management
Providing insights into potential financial risks, such as market fluctuations or tax liabilities, and recommend strategies to mitigate them. This proactive approach helps businesses remain resilient and well-prepared for financial uncertainties.
Industries We Serve: Outsourced Controller Services (and More!)
Unlock key business insights—watch our latest videos!
Our Outsourced Accounting Services:
Fractional CFO Services FAQs
Have more questions? Here are some frequently asked questions about our CFO Services to provide you with all the necessary information.
How does the role of a CFO differ from controller or bookkeeping?
The key difference is that a CFO can build the financial roadmap for the business that directs how a business achieves its high level financial objectives. The CFO can handle difficult decisions at the executive level and can act as a sounding board for other executives or business owners.
How can CFO services help a business grow and become more profitable?
CFO services offer clear, actionable insights into operational efficiency, profitability optimization, and sustainable growth strategies, enabling businesses to make informed financial decisions that drive long-term success.
What is the cost of utilizing CFO services, and how does it compare to hiring a full-time CFO?
Utilizing Fractional CFO services is a cost-effective solution that delivers the expertise of a executive-level financial professional at a fraction of the cost of a full-time CFO, with no additional overhead or long-term commitments.
How flexible are CFO services, and can they scale as a business grows?
CFO services are highly flexible, offering scalable solutions that can adapt to the evolving needs of a business, whether increased strategic support or more comprehensive financial management is required as the business expands.
Why not simply hire an in-house CFO? What are the advantages of using a Fractional CFO?
Hiring an in-house CFO can be costly due to the salary, benefits, and overhead associated with a full-time executive. Fractional CFO services offer the same high-level expertise on a flexible, as-needed basis, allowing businesses to access strategic financial guidance without the long-term commitment or significant expense of a full-time hire. Additionally, CFO services can be tailored to meet the specific needs of the business, providing scalable support that evolves as the company grows. If you need full-time, hands-on executive-level financial leadership, an in-house CFO may be a better fit.