ShareCFO - $5m Package (20% CFO)

Service Description

WHO IS IT FOR?: Typically for business with 10-20 employees. Turnover $3-5m. Business in need of some finance leadership and a clearer financial road map. Standardized of processes for improved governance & risk management. Better understanding of client profitability & pricing options. Improved reporting & data to support better decisions. Those facing compliance challenges and cost control issues. Improving financial reporting to prepare for more robust external user demands. WHAT IS INCLUDED? All annual tax returns & ATO compliance. Quarterly financials with performance & cash-flow commentary. Unlimited CFO phone support for the accounts team and bookkeeper. Unlimited CFO phone support for business advice to the owner/management Option to use our onshore or off-shore bookkeeper at competitive rates. CFO assistance in finance projects up to 4 hrs accrue (& expire) per month. Additional CFO project hrs available at extra cost. Typical CFO projects include tasks such as completing due diligences for business acquisitions, raising new/additional finance from banks or investors, running a cost reduction program, implementing new system or process, pricing a new product or preparing for an audit or review. SHARED CFO PROCESS: Our process is based upon understanding your business, its operational risks and goals. Implementing a simple process to deliver reliable, accounts compliance that provides sound cash-flow projections and highlights matters that need attention. Provide finance leadership & process improvement to drive accountability & cost control. Ensure financial reporting process ready to raise finance or investors capital Regulatory compliance for ASIC, payroll, superannuation & ATO. Improve governance & risk management overview.