Growing Your Business With A Virtual Part Time Controller / CFO

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Small and medium-sized businesses that are not in a position to hire a full-time Controller or CFO are often the companies that would benefit the most from the expertise of an experienced Controller or CFO.

In order for your business to be the best, you need to execute your financial strategy in a well-planned and effective manner. With a talented Accountant, Controller or CFO you can focus on critical areas of your business such as marketing, sales and customer satisfaction, while knowing that your long term planning and financial reporting are being handled by a seasoned professional.

Growing businesses often reach a point where they need professional financial and accounting advice, but can’t afford a full-time Accountant, Controller, or CFO.

We can take complete responsibility for the financial side of your business, or we can function purely as your part-time / virtual Controller or CFO; optionally, managing your existing accounting and bookkeeping staff. Every business and situation is different.

We can work with your accounting and bookkeeping staff, attorneys, bankers, insurance brokers and tax preparers at a fraction of the cost of a full time employee.

OUTSOURCING TO US

Outsourcing your Accounting, Controller or CFO services, to us, is a cost effective solution when the cost of a full time staff employee is not justified. We provide virtual, offsite, onsite, and part time on going Accountant, Controller and CFO Services to include:

•Accounting Systems and Controls
•Financial Statement Analysis and Reporting
•Strategic Planning and Advising
•Cost / Revenue Benefit Analysis
•Profitability Analysis by Service or Product Line
•Budget and Forecast Preparation and Monitoring
•Treasury / Cash Flow Management and Analysis
•Negotiations for Financing and Operations
•Reorganizations, Mergers and Acquisitions
•Develop and Analyze Business Plans
•Software Selection and Implementation
•Software Training and Support
•Inventory Management and Control
•Documentation of Policies and Procedures
•Business Start Up Guidance
•New Business Formation
•QuickBooks and Enterprise Training, Setup and Support
•Participating in the Strategic Planning Process
•Setting Financial and Organizational Goals
•Providing Financial Due Diligence Management
•Assistance in Obtaining Financing / Capital Planning
•Performance Management
•Accounts Receivable and Accounts Payable Management
•Monthly and Year End Closing Assistance
•Accountant Staff Evaluation, Training and Utilization
•Growth Development Strategies

Outsourcing to us will reduce and control your internal operating costs, allow you to gain access to extensive additional capabilities, and allow you to focus on managing your business.

We are seasoned professionals and have the experience, expertise, education and qualifications to be your part-time / virtual / on-going Controller or CFO.

ROLE OF THE VIRTUAL CONTROLLER / CFO

A Virtual Controller / CFO can provide management valuable financial oversight, advice and customized financial reports that provide real value to their business decision making. Business owners can focus their attention on growing their businesses and achieving their operational objectives.

The role of a virtual Controller / CFO extends beyond the handling, management and documentation of bank transactions, credit card statements, loans, liability and asset accounts, and payroll management to encompass trend analysis, responses to regulatory notices and deadlines, periodic reviews of accounting files and records and off site and onsite services.

The greatest advantage of hiring an external finance professional is that the business needs to pay only for the services received and can safely avoid the burdens of full time salary, paid holidays, additional perks and bonuses.

OUR APPROACH AND SOLUTION

Our approach is to provide a definitive yet thorough assessment allowing you, and your company to consider a broad overview of alternatives to manage the challenges and enhance the performance of your business.

In short, we identify opportunities, work with you and your organization and enable you to take advantage of business potential and growth. The move to virtual services has become more accepted in the business world over the past few years. For a fraction of the cost of a full time employee, a small business can have the Controller / CFO function filled by an experienced professional.

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk, meet, and work with you on a regular periodic basis.

PETER DESMIDT has more than 45 years of accounting, cost accounting, and systems implementation (including QuickBooks, Intuit, Enterprise, Passport, RealWorld, Peachtree, Great Plains, Dynamics, Sage, Direct Systems, SouthWare, ACCPAC, and Computer Associates software) experience, as well as management positions with companies like Atlantic Richfield, Signode, Norlin Industries and R.R. Donnelley and Sons. Peter DeSmidt’s specific experience is as a CFO, Controller, Accounting Manager and Consultant. He holds a BA Degree majoring in Accounting and an MBA Degree majoring in Accounting and Computer Science. As we are a small business ourselves, we understand what it takes to get a small company off the ground and on the right track.

Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help.

We provide part-time offsite and onsite Forecasting, Inventory Management, Cost Control, QuickBooks Problem Solving, QuickBooks Training, Accounting, Cost Accounting, Controller and CFO Services to small and medium sized businesses.

Visit our website www.desmidtconsulting.com

Visit our mobile website www.desmidtconsulting.mobi

Contact us www.desmidtconsulting.com/contactus.html

813-252-9490

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist

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Does Your Small Business Need an Outsourced Financial Controller?

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Many small business owners launch their business to follow a passion, whether that passion is writing, programming, Web design, art, sound & video, or any number of other industries. Your business begins to grow by word-of-mouth and soon, you’re hiring employees or independent contractors to take over part of your responsibilities rather than doing it all yourself.

Somewhere along the line, you grow large enough to hire a small business bookkeeper. Until now, you’ve managed your books yourself, either through QuickBooks or another bookkeeping software, or some system that you’ve devised yourself. Now, you’ve just gotten too big for this system to work anymore.

You hire a bookkeeper who understands financial accounting software and can manage your books on a full-time or part-time basis. This person could be an in-house employee, or maybe a local contractor. Or maybe you’re one of the growing number of smart business owners who hires an outsourced bookkeeper based in the U.S. who works virtually and communicates with you via phone and email.

Things go along well, but now that you’re not doing your own books anymore, you feel a bit out of touch with your company’s broad financial picture. Your bookkeeper can send you the reports and spreadsheets, but it doesn’t always make sense. You need someone to interpret all those numbers in boxes for you. Most importantly, you’ve grown large enough that you need a trusted financial advisor with the knowledge to help you make the best decisions for your rapidly growing business.

If you know anything about financial controllership, you might think a full-time financial controller comes with a 6-figure salary. And you’re probably right. Your business doesn’t have the budget for that — and it’s not what you need anyway.

You just need someone on a part-time basis to review your books with you monthly, provide checks-and-balances for your in-house or outsourced bookkeeper, and help you with financial planning and budgeting on a monthly or quarterly basis.

If you think you can’t afford a financial controller, think again. Outsourced controllership services are less expensive than you may think, and will save your business money in the long run with better financial planning.

You may be concerned that, by hiring an outsourced controller, you’ll be giving up “control” of your company. That couldn’t be further from the truth. A financial controller provides you with the information you need to make the best decisions for your company — but all decisions remain yours.

A financial controller doesn’t “control” your business. As a trusted advisor, he gives you the information you need to be more in control of your company.

Ask us for help – we provide on-site and remote Controllership and CFO Services.

Visit our website www.desmidtconsulting.com to learn more about our business.

Visit our mobile website www.desmidtconsulting.mobi

Contact us www.desmidtconsulting.com/contactus.html

813-252-9490

Thank you,

Peter DeSmidt, BA, MBA, PA