The virtual CFO has a valuable role to play in a growing business. A key part of that role is to provide leadership within the critical planning, monitoring and analysis areas. The virtual CFO will assess the processes, resource requirements and the means for disseminating important information to key decision makers. This requires the following to be achieved: Buy in from management Agreement on resource support Discipline in maintaining a focus on the documented plan With many years’ experience in this area, the virtual CFO will have built up an intrinsic understanding of what will add value and what [...]

The virtual CFO has a valuable role to play in a growing business. A key part of that role is to provide leadership within the critical planning, monitoring and analysis areas. The virtual CFO will assess the processes, resource requirements and the means for disseminating important information to key decision makers. This requires the following to be achieved: Buy in from management Agreement on resource support Discipline in maintaining a focus on the documented plan With many years’ experience in this area, the virtual CFO will have built up an intrinsic understanding of what will add value and what [...]

The role of the virtual CFO in the strategic planning process is critical. The business is making decisions on a number of important elements determining its future. Where will future growth come from What impact will this growth have on margins How do we protect/grow margins within our existing business What operational resources do we need to support the growth What impact will the growth have on working capital How will up-scaling the business impact our break-even point Which strategic options should be prioritised due to their meaningful impact on performance outcomes These are just some of the questions [...]