Business Finance: Simplified

Ready to stop playing entrepreneur and become the CEO you’re destined to become? Already thriving in the big chair and need affordable support to take you to the next level? If you answered yes to either question, you need to hire a virtual CFO now. Like right now. The role of a Chief Financial Officer (CFO) is to interpret your financials and help you make proactive business decisions. While your bookkeeper handles the data entry and your accountant prepares financial reports and tax returns, a CFO is a vital member of your team and your most valuable senior advisor working to advise you on both day-to-day operations and “big picture” planning to help you see down the road and maximize profitability.

 
 

Tullis Consulting & Financial Services LLC small business virtual CFO provides big business advice for CEOs on a small business budget.

Our virtual CFO services for small business equips you with a strategic partner to work on an ongoing, annual or per project basis. If you want to work with a virtual CFO more often, our ongoing virtual CFO packages equips you with a dedicated professional for your business working with you on day-to-day basis providing advice, answering questions, performing a suite of services and managing your entire accounting system.

A CFO isn't just a bean counter; they're your growth partner, navigating risk, optimizing finances, and fueling your success.

Virtual CFO services include:

  • Preparing cash flow and profitability projections

  • Cost - Benefit analysis

  • Operating and capital budget preparation

  • Corporate tax planning

  • Oversight of your accounting system

  • Financial analysis and KPI reporting

  • Monitoring overhead and payroll costs

  • Business intelligence reports and strategic advice

Accountants look at the past, bookkeepers look at the present & CFOs see the future.

Benefits of Hiring a Virtual CFO

The value a CFO brings is limitless because of the knowledge and expertise they bring to the table. There are any number of situations and scenarios where the advice of a CFO is crucial. Let’s say you’re ready to hire a few employees or expand your current workforce but have no clue how those extra expenditures will impact your bottom line. As your Virtual CFO we’ll calculate the net impact of your financial decisions, draw up projections and analysis and prepare strategic business intelligence reports to guide your decision making process.

  • Timely and expert advice to help you make strategic proactive business decisions

  • No more playing the guessing game or waiting and seeing how you’ll do at the end of the year

  • Real time data on your business and KPI reporting

  • Quarterly advisory meetings

  • Virtual format extremely affordable when compared to hiring even a part time employee

Value of Hiring an Outsourced CFO

An outsourced CFO offers an objective perspective on your business, its viability and overall financial health. As a small business owner, you have a personal attachment to your company which may blind you to certain problems and potential risks. You’re entrenched in every aspect of your business and its all too easy to miss things or push accounting and fiscal planning on the back burner. Tullis Consulting & Financial Services provides a fresh perspective and a team of professionals to take some weight off your shoulders. The fees we charge are investments into your company’s success and will align you on a path of profitability and longevity.

 
 

Bookkeeper

The role of a bookkeeper is data entry and document management. Your bookkeeper records transactions and keeps files.

 

Accountant

The role of an accountant is to prepare financial reports, ensure compliance with GAAP and file tax returns.

CFO

The role of a Chief Financial Officer (CFO) is to help you interpret your financials and make proactive strategic business decisions. Accountants look at the past, bookkeepers look at the present & CFOs look at the future.

 

Cost of Hiring a Virtual CFO

Most small businesses cannot afford hiring a traditional full time CFO, but outsourcing makes it possible. By outsourcing CFO services, your business benefits from the expertise, creativity and specialized skill of a CFO without the costs of a six figure salary, benefits, payroll taxes and office space required for an in-house CFO employee.

We don’t charge our clients hourly fees because we believe in transparent work-based pricing. Hourly fees incentive working longer instead of working smarter. Instead we charge one flat rate per month. We’ll also never lock you into a long term contract. We offer three options for hiring an outsourced CFO. Choose either annual (year end review and budget for the next 12 months, per project basis or ongoing. Once you signup for ongoing CFO services, we’ll only ask you to commit to at least 12 consecutive months at a time.

 

Ongoing

We stick with you on an ongoing basis as a trusted advisor and member of your executive team.

 

Annual

We’ll work with you at the end of the year to review the prior 12 year and plan for the next 12 months.

 
 

Per Project

You hire us when you need us on a per project basis.