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WHAT IS A VIRTUAL CFO?

A Virtual CFO (vCFO) is simply a Chief Financial Officer that works virtually on either a part-time or as-needed basis so you don't have to keep one full-time on the company payroll. By outsourcing this typically high dollar position, companies (especially Startups) can save thousands of dollars annually while not compromising quality or qualifications. The professionals at Book Werkz Inc. can step into that roll and make sure that your companies financial operations are in well-qualified, competent, hands. We have your best interests in mind and will work to tailor your companies financial oversight needs to your budget. Your vCFO will be able to handle everything from overseeing financial planning to maintaining and reporting on financial activities and even managing financial risk of the business. We make sure the way you are spending your business dollars makes sense!

VIRTUAL CFO SERVICES INCLUDE

FINANCIAL PLANNING

Creating the right budgets and forecasts can make or break your business. Don't play the guessing game with your money, our trained advisors will go through your financials with a fine-tooth comb to ensure you are making sound decisions based on logic and not emotion. We all love our business and it's not always easy to take a subjective look at it, especially when it comes to money. Your Book Werkz vCFO will be your unbiased best friend, offering financial planning you can trust.

MONITOR FINANCIAL HEALTH

Chief financial officers are forward thinkers, your vCFO will work closely with your company to assess the business risk, opportunities, and threats in your market.  Looking at key indicator categories like growth, profitability, liquidity, leverage, and activity as well as projecting and monitoring cash flow on a regular basis is key to ensuring success. From operations, HR, sales, marketing, contract negotiation and more, we monitor every aspect of your company's financial health and well-being.

MANAGING RISK

Driving up your business performance by effectively managing risk is the name of our game. Risk management is rapidly evolving in todays ever changing technological landscape. Staying on top of that game can be a daunting task for most small business. Outsourcing this vital task to someone with knowledge and experience can potentially save countless sums of money that could be lost due to inexperienced oversights. That's simply not a risk worth taking.

MANAGING ACCOUNT LEDGERS

Have your own bookkeeper, but need a fresh pair of eyes to ensure accuracy? Making sure your ledger and journal entries are entered appropriately is one of the most valuable services your vCFO can provide. Inaccurate ledger entries can lead to costly mistakes that can easily be avoided by simply having your CFO do a complete book review. Been doing the job yourself, but finding you need a bookkeeper to do all the data entry dirty work? Book Werkz, Inc can take care of your bookkeeping needs too! 

FINANCIAL REPORTING

You're spending money, hopefully making money, but where is it all going and how well is your business really doing? Is that grand, new, expensive office gizmo your workers swore would increase productivity paying off? Your Virtual CFO will break down your finances in a way that makes it easy to follow along and on the schedule you want. Showing you trends, spikes, where you may be over spending, and so much more. Our reports can contain as much or as little data as you need, when you need it.

CLOUD ACCOUNTING

with QuickBooks

As Certified QuickBooks ProAdvisors, obviously QB is our go-to when it comes to all things accounting. We can also offer deeply discounted QuickBooks licenses to our clients so you can save money while staying on top of your finances. We can even show you how it works!  It is our goal to make sure you have all of the tools you need to succeed and that you understand how to use them. QuickBooks offers a number of different software options based on your needs and your vCFO can help ensure you make the best choice.

WHO NEEDS A VIRTUAL CFO?

ANY BUSINESS THAT DOESN'T HAVE ONE!

Finances aren't your thing? No problem, we make your dollars make sense!

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Businesses of all sizes, especially Startups and rapidly growing small businesses, can greatly benefit from the knowledge and expertise that only a qualified Chief Financial Officer can provide. Unfortunately, not every business can afford to have one on staff full-time so many don't even consider hiring one...that's where we step in! Whether you need the services of a CFO a few times a year or on a part-time schedule, Book Werkz can work for you.

Not having someone with the right financial management skills can quickly spell failure for any business. This can be especially troubling for small business since many fail within the first three years. Many of these failures occur due to the inability to find a profitable business model or the company being unable to set themselves apart from the competition. There can be hundreds of companies making the same products or providing the same services, that doesn't mean YOUR business can't get a bigger piece of the pie. The differences between success and failure of those similar companies can hinge solely on the ability to manage their money properly and brand representation. A Virtual CFO is there to help keep your companies financial goals and sometimes even harsh realities in clear perspective.

 

  • Creating budgets and forecasts

  • Highlighting trends in the market to pinpoint potential problem spending

  • Validating or discouraging business decisions with your companies financial well-being always at the fore-front

These are abilities that the vast majority of business owners don't possess, but they are often needed if you want your business to succeed. Hiring a Book Werkz Virtual CFO is an affordable alternative to hiring a full-time staff member and can make a big difference to your bottom line. 

CONTACT US FOR A *FREE CONSULTATION!

4630 N Loop 1604 W Ste 209
San Antonio, TX 78249, USA

(210) 971-6064

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(210) 971-6064

4630 N Loop 1604 W Ste 209
San Antonio, TX 78249, USA

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©2024 by Book Werkz, Inc.

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