Frequently Asked Questions about Virtual CFOs
What is a Virtual CFO?
Virtual CFO stands for “virtual chief financial officer”. A virtual CFO is a financial expert who works part-time for a company. Fast-growing small businesses frequently hire a Virtual CFO to gain access to an experienced financial professional at a fraction of the cost of a full-time CFO.
- Perform all the duties of a traditional CFO, but work remotely and on a part-time basis
- Monitor the financial health of a business
- Provide financial insight and guidance on all company decisions and issues
- Help the company raise capital