Chief Financial Officer (CFO), Director of Finance, Financial Controller – this is what you are missing. Having a business consultant dedicated to your company’s financial health is the missing ingredient to take you to the next level. As your CFO partner, we will support making sound business decisions, interpreting your financial statements, and building forecasts to build your company in the future. Ready or not, 2020 happened, and we are all entrenched in the world of virtual business connections. At Two Sense Consulting, we have been working remotely, connecting companies worldwide for more than ten years. We connect with our clients via video tools to provide financial insight. Tony Robbins shares that while business owners should have basic financial knowledge, “Expert advice is a must-have…”. With a financial expert, you will navigate your business with more confidence and earn back time to spend doing what you love and in a much more convenient and affordable way. We are your expert team, ready to help you navigate the years that follow the 2020 “work from home” environment.
Two Sense offers a unique touch driven by industry experts with best in class client satisfaction and engagement. With a culture submerged in connection and authenticity that is difficult to find, our people-centric CFO service will help you thrive. At Two Sense Consulting, we want to learn about what makes you unique to improve your goals and align them with your financials. These two components are crucial to articulate your financial story and use that story to maximize your profits.
Not sure you need a CFO? Inc.com outlines 5 Signs it’s Time to Hire a CFO. Two of the reasons, and Two Sense expertise: new Small Businesses, and successful companies who want to take their business to the next level.
No, not even close. Most accounting software provides financial reports that every business owner should review, but they can be hard to prepare. Unfortunately, your accounting software does not identify errors, interpret your finances, or ensures your fiscal fitness. Tony Robins sites that less than 3% of business owners review their financial statements – this may account for why 50% of new businesses fail.
As you grow your business and change with the market, your software will lack the insight to support these changes from a financial standpoint. Business is an evolution, and while technology helps support the efficiency of the process and the virtual connection, nothing can replace human connection, ideas, and experience.
According to Investopedia, a full-time, experienced CFO will work about 2080 hours a year with a fully loaded salary of $200-$370k. Fractional CFOs offer multiple industry experience to provide cross-functional support and ideas to offer the best in class insights. Additionally, technology is advancing more quickly than reading this web page, making the need for full-time work less and less optimal. A fractional CFO is a simple decision as you can control the time you need and can modify as needed. You will also benefit from the decades of expertise and expansive network of Two Sense Consulting.