A Virtual CFO Accelerates The Growth Of A Business: Whiz Consulting 

Gordon, Australia, 2022-Jun-10 — /EPR Network/ — Who doesn’t want the business to grow and ensure more efficiency in marketing and managing the business operations, but who can do the magic and get the slow-moving organization to succeed? Don’t believe everyone; listen to Whiz Consulting; they say a Virtual CFO, as per their research and global knowledge, can help your business grow if you want it to without breaking the bank. 

According to Whiz Consulting experts, “Nobody likes slowing down their business.” 

Virtual CFO makes sure slow growth doesn’t last too long. They have worked with many small and large businesses and have seen huge growth. There’s no way you can manage everything all the time, from clients to business operations, so you need a Virtual CFO. 

Would you like to know what a virtual CFO can do for your business? Below is a list of the obstacles a virtual CFO can remove from the path of an MSME/ Startup: 

• Controlling cash flow while keeping a lean budget 
• Submission of ROC forms on time, 
• Maintaining GST and TDS compliance, 
• Taking care of IT return formalities, 
• Taking steps to prevent fraud, errors, and external and internal threats 

• Bank loan eligibility, 
• Engaging good investors, 
• Investing profits wisely, 
• Business expansion into new regions. 

There is still a long way to go. Do not trust rumors or sources that are untrue. Instead, read Whiz Consulting’s expert recommendations that will show you how and what benefits you will obtain by having a Virtual CFO at your side. 

Negotiation with customers and suppliers – 

An experienced virtual CFO can negotiate on your behalf with vendors/suppliers, customers, or shareholders and win favorable contracts for your company. It ensures that sufficient cash flow is available to support its operations. These individuals do this specialty with much greater clarity, promoting long-term savings and accelerating business growth, which would not be possible without implementing the right negotiation strategies. Their negotiation strategies are not ordinary, but they perform this function so well that they enhance your brand image besides getting you a contract. 

Analyzing budgets and allocating resources – 

A virtual CFO has a keen eye for comparing a company’s profit margins with its budget to identify potential growth areas. In addition, they can deploy scarce resources in a way that fits the plan of the company. That makes them so special and recommended by industry experts like Whiz Consulting. 

Financial analysis and modeling 

A virtual CFO will compare your company’s financial performance to the industry benchmarks and the financial performance of other companies. As part of the strategic plan, the CFO will also use dynamic financial modeling to estimate cash flow and project revenue and make sound business decisions. To further boost growth, the CFO will also utilize business analytics tools to guide financial decisions. 

Mergers and acquisitions 

The key point to determining your company’s growth strategy is to decide if mergers, acquisitions, or an IPO makes sense for you. Virtual CFOs can be used to assess M&A risks and validate profitability. In some cases, a virtual CFO can be extremely helpful when making a deal for a successful merger and acquisition and helping to get cash when organic growth options are limited. As well as calculating cash flow, taxes, service or product compatibility, financial impact, negotiating terms and conditions, and meeting compliance requirements, enterprise software can also be used. 

About Whiz Consulting 

Whiz Consulting is an Australian-based accounting and bookkeeping outsourcing company that provides top-notch accounting and bookkeeping services and has some of the most efficient Virtual CFOs to accelerate your business growth. Whether it is that of a small or large enterprise, we have something to offer for everyone so that everyone enjoys exponential business growth.