Services that CFO-Temps provides
Small and medium-sized companies that are not in a position to hire a full-time CFO are often the companies that would benefit most from the expertise of an experienced CFO.
CFO -Temps, a division of Tax Net Inc, was founded to meet this need. We can take complete responsibility for the financial side of your business, or we can function purely as your part-time CFO, managing your existing staff. Every business is different, and we custom design our services accordingly.
There is no charge for the initial consultation. We seek long-term relationships with small businesses, and are willing to spend time upfront to create these relationships. The decision to hire a CFO-Temp is not an easy one, and we welcome the opportunity to help you figure out if this is the right decision for your company.
CFO-Temp services can provide:
Prepare Financial Statements
It is critically important that small businesses understand and use financial statements. While most businesses do create financial statements in order to prepare tax returns or to file loan applications, the real benefit financial statements can provide is that they can help you run your business better. Preparing financial statements that are useful to your management team is one of the key services that CFO-Temps provides.
Auditing
Review and audit for-profit, non-profit and governmental entities. This included tax research and preparation, as well as systems and management consulting. We redesigned audit programs to increase efficiencies.
Forecasting
More important than understanding how your business has performed in the past is having a firm grasp on how your business is likely to perform in the future. In fact, the main reason to think about what has happened in the past is to gain insights as to what is likely to happen going forward. As your CFO-Temp, will assist you with forecasting both revenues and expenses. We could not claim to be providing CFO-Temp Services if we didn't.
Business Plans
Developing a business plan for even a simple business can be complicated and confusing. However, the success of a new business is often dependent on a good business plan. As your CFO-Temp can help you develop a realistic, simple and flexible business plan.
Financial Models
Your CFO-Temp can help you develop a comprehensive financial model that will help you evaluate different scenarios, present your business to others, and better manage your business. As every business is different, we custom build all financial models for our clients.
Leadership Training
CFO - Temps Training Department has developed a program to increase the excellence of leadership in your organization.
The name of the program is - Ninergy: Practical Approach to increase EQ and Leadership
There are seven critical competencies that leaders in today’s global environment that must be develop in order to become excellent leaders.
Each person is born with one of nine temperments. It depends upon how a person is nutured, trained, and adapts that will determine their level of leadership. Any temperment can be an excellent leader.
The purpose of our training program is to gain clarity regarding how a person's temperment affects their strengths and establish the development neededs to accelerate the growth of exemplaie leaders of each temperment.
All CFO - Temps are knowledgeable about this program and have completed this program.
<A href="http://asktaxmoms.com/theninergyprocess/drug.html">For a Demonstration of your Temperment - Click Here</A>
Prepare Management Reports such as:
Customer Analysis Reports
Most companies know who their biggest customers are. What is more important, however, is knowing who your most profitable customers are. Therefore, one of the CFO-Temp Services we provide is creating reports that make it easy for you to analyze your customers. Of course, in order to create a report with useful information, it is necessary that processes are in place to make sure this useful information is available. To this end, much of the initial work we do with our customers is helping them to set up systems that make it easy to gather relevant information. And don't worry: this does not mean more work. Efficient systems mean less total work.
Analysis of Major Expenses
As important as knowing where your cash is coming from is knowing where your cash is going to. It is especially important to understand exactly how specific expenses are contributing to the overall profitability of the company. One of the services CFO -Temp can provides is to help you to understand your expenses and to figure out which expenses should be most closely monitored.
Budgeting Reports
Budgeting can be one of the most difficult tasks your management team has to perform. Unfortunately, it also one of the most important. Inaccurate budgeting can lead to harmful decisions and even the demise of your company. It is impossible to provide services CFO -Temp without addressing budgeting, and so we work with all of our customers to make sure they are considering all the possibilities that can effect both revenue and expenses, and that they are budgeting accordingly.
Cash Flow Reports
Cash is king. Knowing how much you have, how much you need, what to do with excess cash, and what you will do if your cash runs out is essential. A key part of CFO -Temp services is assisting clients with managing cash effectively.
Manage Accounts ReceivableAccounts Payable
Every successful business collects revenue and pays bills. Doing so efficiently and in a manner that makes it easy to analyze your business will separate you from your competitors. Managing accounts receivable and accounts payable is where finance starts, and so one of the most important services that CFO -Temp provides is making sure our customers are performing these tasks efficiently and effectively.
Prepare Presentations for Shareholders, Management, and Company-wide Meetings
Different stakeholders in an organization require different information and, as your CFO -Temp, we work with you to create custom reports for different purposes.
Analyze Business Opportunities
Services described here in that it is not an ongoing requirement for most companies. Because it is not something they are familiar with, companies often seek outside assistance when analyzing new opportunities. Whether or not you are an existing customer of CFO - Temps, we can assist you with analyzing and evaluating the risks and benefits associated with new business opportunities.