Virtual CFO Services seeks to provide strategic financial skills to take your company to the next level without hiring a full-time person.
Virtual CFO Services
Virtual CFO helps in managing needs of the owner at one go in packaged form.
When a business is growing he has three major challenges – First, he needs a qualified chartered accountant with some experience to guide and supervise his finance team. Second, he needs MIS which is combination of monthly profit and loss account & balance sheet with ratios to understand how his business is progressing. He wants a good cash flow every month to see from where the cash is coming & and cash is going. Third, he needs a senior finance person who can come at least once a month for business review and discussing MIS. It is not possible for SME to afford all of the three people cost and thus virtual CFO helps in managing needs of the owner at one go in packaged form.
Basic CFO service – For companies below 25 crore turnover – MIS, Weekly visit by team and support from senior finance person on phone and emails.
Premium CFO service – For companies above 25 crore Turnover – MIS, Weekly visit by team and monthly visit from senior finance person .
Submit a requestProfit Maximization Services
We help corporates increase profits ethically through use of financial and management expertise.
Large corporates hire full time CFO/CEO’s to meet their growth plans. It is not possible for SME’s to hire them or attract good professional for reputes brands. Virtual CFO service helps in addressing this.
Submit a requestBusiness Plan and Budget
We can prepare simple budget for small companies to complex budget for large companies.
A business plan helps a start up to plan in advance how much money will be required to set up business, the break-even point, goals for each year, cost to be incurred for each category of expenses. It gives clarity on when to achieve what. Once a business is set up and running smoothly, the organization must prepare a budget every year of target revenue and profits. Budget is a guide towards achieving your goal and keeps cost under control.
Submit a requestFamily Settlement
We have expertise in handling family settlement involving multi crore of wealth and variety of businesses.
As families grow, wealth passes through generations and sometime the patriarch wants to divide it among family members in his life time in an amicable manner.
The way process works is as follows :
- • We hold several meetings over coffee and meals to understand each family member strengths and interest in life.
- • Based on that, we put up a plan to give either business or property to each member.
- • Series of negotiation is held individually or in group to arrive at common consensus.
- • Once there is common agreement, lawyers are invited to do paper work
- • The whole process make take several months to few years depending the complexity of case.
Interim CFO
We provide interim CFO service who can help in manaing the finance function while full time CFO is in process for recruitment. It can happen in following cases
- • A MNC setting up business in India and waiting for expat CFO to relocate to India. We can handle interim CFO role until he joins and work with him for 60 days after his joinig for smooth transition
- • CFO has left and process for new CFO recruitment is on.
- • CFO has left and interim CFO is needed to close down the business
- • CFO has met with accident and will take at least 60 days plus to come back to work.
- • Female CFO on maternity leave.
Other Services
- • Business Plan / Annual Budget
- • Basic CFO Services
- • Weekly Visit by Staff
- • MIS
- • Monthly CFO Visit
- • Premium CFO Services
- • Funding
- • Mergers & Acquisition (M&A)
- • Increase in Profit ethically
- • Executive Coaching for business owners
- • Turnaround of loss making Business
- • Private Equity Funding
- • Book Keeping Services & Tax Compliance
- • Legal Services
- • Marketing & HR Services
- • Image Consultant
- • Placement services
- • Counselor
If you you’re interested to work with us, feel free to contact us.
Contact Us(0091) 97021 06012
(0091) 22 29664222
427. A-Wing Phoenix House, Senapati Bapat Road, Lower Parel West, Mumbai.