External CFO
Would you like financial leadership without the cost of a finance executive? To lift your team and boost performance? And your team financial savviness? To provide advice and guidance in all aspects of managing and growing a business?
Financial management goes hands-in-glove with all strategic, commercial and operational activities in all aspects of your business. Sound financial management is critically needed but painfully lacking for startups and growing businesses, which is one the of the top reasons for business failures at startup and critical transitions.
Strong financial management has been out of reach for small businesses as it is simply cost prohibitive. Many businesses carry on without a financial compass – which a bit is like flying with one wing, floundering at the whims of chances. Other financially savvy entrepreneurs try to take on the task themselves, just to find their focus and energy detracted from their main mission and priorities, and ultimately feel overwhelmed and dejected.
Until now.
We bring 30 years of experience managing complexities at large corporates and small to medium businesses to servicing your business. With us, you can now access financial capabilities of large corporates without the big costs.
With our External CFO service, you can get the financial counsel and mentoring that your business needs as needed and when needed, at a fraction of the cost.
Where we can help
We can help with
- Finance function & capability
- Internal controls
- Employees shares options
- Equity structures
- Cash flow optimisation
- Policies, systems and simplifying processes
- Raise funds and capital
- Profit turn-around
- Business structuring & asset protection
- Business acquisition & integration
- Divestment & selling a business
- Exit & succession planning
Fixed fee, minimum commitment
We first try to understand your business and your business needs and pain points. We agree on the scope, milestones and timeline.
Based on that, we will recommend an appropriate External CFO coverage, starting from a minimum base to fit within your budget, whether that’s one day per month or per quarter.
If the scope is variable due to the nature of the work, we will provide early and ongoing updates so you are always ahead and in control of your costs.
Frequently Asked Questions
What is the minimum commitment for a CFO engagement?
It can be as little as 1 day per month or per quarter.
Is the minimum a fixed commitment regardless of actual usage?
The minimum is mainly for limiting your commitment while giving you access to the fixed fee structure, which is significantly lower than the on-demand rate. It does not restrict your access – we are here to help wherever help is needed.
What happens to the unders and overs of usage?
We bill at the net time it takes for each activities. You will get a summary of actual usage at the end of each billing period. Any unused time from the minimum commitment are rolled forward. Excess usage will be billed at the end of the billing period.
What happens when I have a requirement outside the agreed scope?
We will be glad to support any additional requirements. As always, we will agree on the scope of work and fee before commencing service activities. We strive to provide clarity and certainty of cost as far as possible.
Success stories
How Wilson & Associates helps us with our profit turn-around and growth strategies – by Dr. Watson, CEO, Ethos Health,13/06/2018
Wilson & Assoc provides robust planning, rigorous performance management, commercial and strategic advice, and helps drive profit and accelerated growth.
What we are about
We are a leading chartered accounting firm providing Tax and External CFO services.
We provide financial clarity and structure, illuminate roadmap to vision, translate strategies to actionable plans, help build agility and resilience to thrive under all conditions.
We bring 25 years of experience solving complex problems at large corporates to servicing clients without the big costs.
Our mission is to help clients create the financial future they want. Our business is to help save tax, build wealth, and grow amazing business. Our brand is built on trust. Our reputation is built on mastery and integrity. Our success is measured by the values we create for clients.
