Q: I notice that your services list “Financial Accounting at its Best for Businesses with a Part-Time need!”. What is that all about?
A: Many small businesses need the financial/accounting help that a CFO or Controller could offer them, but do not want the overhead to have one full time. CFO Financial Resources offers consulting arrangements as a part time Controller or CFO on an ‘hours-as-needed’ basis to give the small business the flexibility and professional help that they need, whether it be 2-3 hours per week, or 2-3 hours per month. It is a great way to save overhead and still have a professional there to help with the business!
Q: My staff can handle the workload. Why should I use CFO Financial Resources?
A: Due to the annual nature of budgets, cost accounting, and others, most companies do not have the staff on hand with time dedicated strictly to taking card of these projects. Instead, employees try to fit it into their busy daily schedule of running the company, often requiring many hours of overtime and bringing the burden of additional stress. The outcome – daily work will suffer, and the project process will stretch out over two to four months. CFO Financial Resources alleviates the need for overtime, can get the job done in a more timely manner with guaranteed results. This will save your employees times and stress, and will contribute to a healthier bottom line.
Q: Why shouldn’t I just have my CPA do the project for me? After all, he is already familiar with my company.
A: Certified Public Accountants perform a wonderful and needed service to businesses. They are great at what they do, which is basically taxes, audits, and SEC required reporting disclosures. Many smaller CPA’s that service small business do not have the operational experience to get into the nuts and bolts of the operational budget of a company. If they accept your assignment, they will probably put a junior person on your project to do the ‘grunt’ work, leaving the partner or principal to supervise or look over the work after it is done. At CFO financial Resources, you get the principle of the company with over 25 years of operational experience that will do your project, and at a substantially lower billing rate than the CPA.
Q: Why can’t I just hire a temp to do my special projects?
A: CFO Financial Resources believes in the ongoing relationship between consultant and client. As a result, throughout all of your projects, and in the ensuing years, you will be working with the same representative. This representative will have extensive experience in all of the projects, and will get to know your company through the years that you work with us. That representative will be there for you.
Q: How do I know that your project services will be accurate and realistic to my companies needs?
A: The projects that we do for you will be analyzed and discussed with you and your senior personnel at all phases of the engagement. If we uncover a major hindrance or issue during the project, we will immediately get with you to discuss the problems and solutions presented. In addition, we utilize your company information in literally everything that we do. For example, our budgets directly conform and tie into your financial statements in terms of account classification, expense apportionment, etc. You are the client, and as such, have the final say on the methodology and presentation of the project.
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