The cost of hiring a full-time CFO can range from $175,000 to over $480,000 per year, plus vacations, bonuses, and other benefits. This cost can be significant for new and growing businesses, but there's a better way! Summit CPA is a Virtual CPA Firm where you can outsource your CFO and accounting needs. A Virtual CFO can provide the following services: manage bank relationships, weekly meetings, business forecasting, company-wide KPIs, and more, all at a fraction of the cost of a full-time CFO. Our average VCFO package costs $78,000 per year.
Our Virtual CFO service partners you up with a dedicated CFO and a team of virtual accountants, CPAs and tax professionals who will work with you to help guide your business to success. Our service includes more than just basic bookkeeping and accounting; we provide comprehensive financial reporting, forecasting and a variety of tax services for our VCFO clients, ultimately providing the financial peace of mind business owners need.
We stand by our clients throughout the year from a tax planning perspective so they don’t have any surprises at the end of the year! We provide Virtual CFO Services for service-based companies such as web design firms, marketing
Summit CPA is a virtual CPA firm with a non-traditional approach to accounting. We have an amazing team of virtual accounting professionals (CPAs and accountants) who provide professional Virtual CFO Services and 401(k) Audits for companies all over the United States — many of which are remote companies as well. We also recently launched a CPA Firm Augmentation service, coaching other CPA Firms on how to successfully provide Virtual CFO services. We fully understand the accounting, bookkeeping, cash flow management, and business tax nuances that come with being distributed, and we love helping our clients overcome these challenges through our own experience and expertise.
This guide will help you: