Our Services.

CFO SERVICES IN SMALL AND MEDIUM SIZED BUSINESSES

"Strengthen Your Business with Proper Financial Advisory"

In today’s business environment, businesses face an increasing number of competitive challenges and regulatory demands that can affect cash flow and profitability, as well as create stress to entrepreneurs when dealing with such issues.

There comes a point in the life cycle of a growing business where owners realize too much of their time is spent focusing on these issues and too little time is spent focusing on business development and other core business matters.

If you have reached this point in your business, consider CFO services and retaining an affordable, interim CFO, part-time CFO, and virtual CFO. We will take this burden from you so you can refocus your efforts to what you know and do best operating and growing your business.

We provide high quality CFO Services and Financial Services to small and medium enterprises, start-up companies,VC and PE funded companies, foreign subsidiaries. CFO Services is affordable and will pay for itself or more in net savings.

What's Client Requirement?

Access to executive-level skills and experience without hiring a full-time position
Finding help for strategic planning and acquisitions
Lacking financial information to make critical decisions
Improving financial reporting clarity
Developing key relationships with Investor, bankers, auditors, and lawyers
Maintaining a vital flow of financial information during employee turnover or leaves of absence
Need to focus on business rather than office personnel/support

How we can help

Management of the finance infrastructure (accounting, treasury, finance)
Financial, business, and strategic planning and implementation
Cash flow management and projections
Private equity and debt financing
Bank financing and investor meeting preparation
Audit preparation and liaison with audit firm
Key metric benchmarking and trend analysis
Financial and operational improvement plans

Growing businesses often reach a point where they need professional financial advice, but can't afford a full-time CFO or controller.

If you're fortunate enough to be in this position then we have the perfect solution for you. Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.

The cost of hiring a full-time CFO can range from 50 lacs to over 1 crore per year plus bonuses and benefits. Our Part-Time CFO services provides you with experienced support at a small fraction of that cost.

Here's what you get with our Part-Time CFO services...

More time to focus on new services, new customers and other core business issues.
Better understanding of the financial side of your business. So you have less surprises and more control over the money.
Improved decision-making capabilities from clearly seeing the hard and true numbers of your business.
A readily available sounding board to help you with those tough business decisions and help you clarify your business plans.
The comfort from knowing that a professional is overseeing, protecting and constantly improving the financial side of your business.
A professional who establishes strong financial controls in your business to reduce employee theft and increase profits.
Training and managing your accounting staff.
Improved quality and timeliness of financial information.
Budget preparation and monitoring.
Profitability analysis by service or product line.
Tax saving strategies.
Trend analysis.Assistance in defining long-range plans and the quantification of goals.
Cash management.
Liaison with bankers, attorneys, vendors, insurance agents, etc. Assistance in obtaining financing from banks, including assistance with negotiations.
Review/negotiation of insurance policies.
Development of company accounting procedure manuals.
Analysis of equipment purchases, expansions, etc.
Mergers and acquisitions assistance
Custom designed collection policies and procedures

If you'd like to learn more about our Part-Time CFO Services, please call.

If you have reached this point in your business, consider retaining an affordable, part-time CFO from CFOs for Hire. We will take this burden from you so you can refocus your efforts to what you know and do best... operating and growing your business!

CFOs for Hire is dedicated to providing high quality, tailored CFO Services to growing businesses that need the retained help of an accounting and finance professional on a part-time basis. CFO Services is affordable and will generally pay for itself or more in net savings, as a primary focus will be on savings strategies and avoidance of costly compliance penalties and interest.

What you will get with tailored CFO Services...

More time to focus on business development and other core business matters
All the benefits of a high quality CFO, with the level and scope of services scaled to your needs
Less stress and peace of mind knowing the accounting, finance and risk management functions of your business are being managed by an accounting and finance professional with a quality network of banks, insurance advisors, and preferred vendors as needs arise
A trusted advisor with proactive, insightful back office solutions that solve problems to reduce expenses and improve cash flow and profitability
A process expert that will identify opportunities and vulnerabilities, with the ability to offer practical, sustainable solutions for improved controls and workflow
Liaison for all banking and insurance relationships, corporate programs, preferred vendor programs, and audit/tax engagements, with the ability to negotiate the lowest fees and rates
Cash and debt management to optimize cash flow
Customized reporting and analysis that are useful in making decisions
Billings/collections management to minimize collection issues and write offs
Accounts payable and payroll management to maximize payment term discounts and minimize late payment penalties

Our approach

It can be difficult to keep up with your finances while trying to focus on managing an organization. Our outsourced back office accounting services can help you by providing experienced staff accountants from a firm with good accounting experience. You'll receive services that are tailored to fit your organization's specific needs.

How we can help

Our accounts outsourcing services team is able to deliver complete finance and accounting solutions to companies located anywhere in the world. Functioning as outsourced partners we take complete responsibility of the client's routine processes allowing your management the liberty to focus on the more important strategic needs of your business

The range of our accounting services include

Book Keeping

Our trained staff efficiently uses technology to process transactions on a daily bases. This methodical process of recording all financial transactions leaves little room for any glitches in the accounting process.

Financial Statement preparation

Our team takes care of all financial statement preparation such as balance sheet, income statement or profit and loss statement, statement of retained earnings and cash flows.

Management accounts

We prepare management accounts making available essential information for company executives

This includes conceiving appropriate capital structures that support not only the initial capital requirements but also the growth strategies.

CFO Direct Financial Services provide advisory services across the full range of private equity to debt financing. We interact closely with private equity, high net worth investors on an on-going basis and have a good understanding of their culture, functioning, investment philosophy and preferences which help facilitate the most appropriate investor–company fit, thus delivering the best value.

On the debt side, we arrange funding from bank, NBFC for project funding as well as working capital finance.

The activities involve:

Assessing the capital structures of our clients, and advising them on appropriate funding choices.
Advising clients on the suitability of particular investors.
Building a funding strategy with clients which are tailored to their particular needs, whilst paying attention to the client's positioning within a broader market context.
Assisting in the valuation of our clients and creating appropriate marketing documents, including Teasers, Information Memorandums, and Management Presentations.
Managing discussions between our clients and investors.
Assisting negotiation sessions, and guiding clients step-by-step towards successful transaction closure.
Consulting support to explain the model and support it throughout due diligence.

Our approach

Our outsourced payroll professionals can manage your time-consuming payroll processing and payroll tax filing, so you can focus on value-added and revenue-generating activities. We help you stay compliant while reducing in-house staffing needs and costs.

How we can help

Preparation of the monthly payroll based on the inputs received from organization. This would include all statutory and other relevant deductions.
Ensure deductions of all relevant amounts and as per applicable statutory laws like Income Tax, provident Fund and Professional Tax etc.
Checking Form 16 for the Employees and file Qtly. returns for e-TDS with Income Tax authorities.
Deposit TDS & provide proof of deposit.
Ensure redressal of any issues.
Reconciliation of payments/statutory deductions etc. with books of accounts on quarterly basis.

We are business experts and help companies right from formulating your mission and vision statements, to devising business strategies, business plans and help you execute those.

We help you in understanding your goals and aspirations and devise strategies that is tailor made for you. We understand that one size does not fit all, and hence the business strategies are drawn in line with your company's vision and available resources.

Business planning is an important element without which goal setting and driving business strategies cannot happen. We works with companies in defining the business plan in sync with the assigned budgets. Business planning is critical even if you have just embarked in your business, as it acts like a rudder and helps you steer your company in the right direction.

We are experts and help companies right from formulating your mission and vision statements, to devising business strategies, business plans and help you execute those.

We offer a range of Tax advisory both direct & indirect and Risk advisory services for companies of all sizes. The firm enhances value for clients by focusing on solutions that are innovative, yet practical and that can be implemented.

The service involves helping the clients make necessary periodic income tax, sales tax and other returns. It also includes helping the client make the right investment decisions and helping them avail various rebates and deductions.

We invest time to analyse your business objectives, operations and markets, so that we are properly focused on your requirements. As standard practice, we seek to understand the broad industry framework within which our clients operate and the key regulations that may uniquely apply to those industries. In selected key industries we dive deeper, so that we have a better appreciation of industry regulations, market structure, industry practices and dynamics. We are able to apply this understanding and blend it with our deep technical skills to deliver effective advice.