What is our VCFO service? A Chief Financial Officer ("CFO") is a key, senior member of a company’s management team and is responsible for more than just the accounting side of a business, extending into areas such as strategy, risk management and systems.
While all companies need the commercial expertise and experience of a CFO, a full time person this may be beyond the reach of smaller businesses. Our VCFO service is to provide a Virtual CFO who can deliver critical services that a company requires to help your business grow profitably.Benefits of our VCFO service?We provide you with a comprehensive framework of financial analysis tools, which includes:
- Financial KPI analysis
- Profitability analysis
- Cash Flow analysis
- Growth Analysis Trend analysis
- Comparative & Benchmarking
- Identify and implement “Strategy into Action”
Benefits for clients: - Track, understand, and improve KPIs
- Improve management oversight & decision making
- Achieve optimal business results
- Generate greater shareholder returns
Benefits for advisors:- Stand out from the crowd
- Proactively engage your clients
- Efficiently create performance focused reports
- Generate additional revenue
- Use our services to win new clients
What type of companies are our specialities?We support companies that:
- need to compare business units / branches / franchisees.
- need to become “Long Term Profitable”, “Investment Ready” and “Employers of Choice;
- have raised capital and need to execute and extend The Plan.
InvestmentThe investment required for a VCFO service starts at $900 for a one day review each month. We can help with budgets and strategic projects as well.Summary of VCFO ServicesFinancial Information (in co-operation with your Accountant or Bookkeeper)- Accounting
- Bookkeeping
- Monthly Dashboard Reporting
- Budget Analysis
- KPI / Lead Indicator Reporting
- Activity Based Costing
- Cash flow Planning and Monitoring
- Business Planning
- Liaise with External Tax Accountants
- Assist with Year End Planning and Financials
Growth & Profit- Undertake Investment Ready Diagnostic
- Highlight key issues that need to be addressed
- Agree and can help action plans.
Business Funding- Liaise with External Advisors to ensure that tax and corporate structures are the most appropriate.
- Review all facets of the capital raising process and recommend Action Plans
- Review and Identify with any M&A activity
- Prepare all necessary documentation for capital raising including:
o Information Memoranda
o Investor Presentations
o Transaction Support
o Due Diligence
o Executive Summaries
o Valuations
Strategy- Member of Strategic Team
- Planning Tools & Processes
- Prepare Strategic Business Plans
- Financial Modelling
- One Page Action Plans
Business Development- Business Model Development
- Plan Implementation
- CRM
- Sales Pipeline Reporting
- Identify systems and processes
- Identify Waste Reduction /Audit and Counter-measure Plans
Legal Documentation (a commercial view in co-operation with your lawyers)- Review critical contracts
- Liaise with lawyers
- Review, develop and document terms of trade
- Review patents, trade marks, copyright, etc
- Identify and Develop Intellectual Capital
- Liaise with IP Attorneys
- Review and agree templates for:
o Non disclosure
o Licensing
o Contractor
o Employment
o Supply
o Manufacturing
Procurement- Identify Key Suppliers
- Review all suppliers existing contractual arrangements
- Establish Action Plans for Key Suppliers
- Agree On-Going Cost Downs
Team Development- Establishment of Action Plans to be recognised as an Employer Of Choice
Monthly Management Meetings- One Page Action Plans
- Monitor Implementation and Officers Responsible
Implementation- Coaching & Mentoring
- One Page Action Plans
- Continuous Improvement
For further INMAN information, please contact info@inman.com.au. |
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