Outsourcing to Distinct Business Solutions
Our firm specialises in Virtual CFO (Chief Financial Officer) services. Typically, small businesses don’t have the need for or can’t afford a full time CFO. We give them access to these skills and knowledge on a part time basis. I’ve built my firm on my strong values of knowing my clients personally, tailoring my services and advice to their needs.
We’re a Small Business ourselves
We are a small business ourselves and most of our clients are small businesses. We understand the challenges your small business faces every day and that figures aren’t just figures, but there are people and families behind them. My philosophy is to go beyond the numbers and play an active role in your business success.
What is a Virtual CFO?
Put simply, we are on-call CFOs, an effective way for businesses to gain solid financial support without the commitment and cost of a full-time Chief Financial Officer. Our Virtual CFO service can be customised to meet your business needs – whether it is once a month or a few days every week.
But how is a Virtual CFO different from an accountant or bookkeeper?
Through the building of a strong relationship, we help your business strategise and operate to maximise your financial and operational potential.
We look behind the numbers and make sure business owners understand all their financial information so they can make informed decisions. We can even sit in on planning and management meetings so we are across all aspects of your business.
What services does a Virtual CFO provide?
Our Services include but are not limited to:
- Monthly review of financial performance
- Strategic advice & Planning
- Budget and forecasting preparation, analysis and tracking
- Performance monitoring & analysis
- Analyse Customer profitability & Pricing of services
- Control costs
- ATO & ASIC Compliance
- Finance process reviews
- Cloud accounting advice – including but not limited to MYOB & Xero
- Company Set up and ABN applications
- Review of insurances
- HR function
- Training & Coaching for Team & Business Development
Benefits of a Virtual CFO
Imagine…You are so busy in your business and desperately need someone to take control of your books and let you get on with doing what you do best, running your business.
Distinct Business Solutions are your answer.
The benefits of a Virtual CFO:
Virtual CFOs are flexible- One of the benefits of hiring a virtual CFO is flexibility. Virtual CFOs allow you to specify the number of hours depending on your requirements, which means you will only pay for what you need. Unlike their part-time counterparts, virtual CFOs can be tapped whenever you need them.
They let you focus on your core activities- Outsourcing your financial paperwork to a virtual CFO makes it easier for you and your employees to focus on the core competencies of your business, allowing you to maximise your talents. Virtual CFOs are also experts at what they do, which means they don’t need supervision. This gives you more time to do other important business-related activities.
They can adapt to your changing needs- As small businesses grow and expand, their needs also evolve. The flexibility of virtual CFOs allows them to adapt to the changing needs of your small business, and the financial aid they provide can be tweaked depending on your current requirements.
They provide vast knowledge and expertise- Sandy is a fully qualified CPA and is a highly knowledgeable and experienced financial adviser who has serviced different clients with different needs in different industries.
You can get them at a fraction of the cost- Start-ups and SMEs typically do not have the resources to hire a full-time CFO, especially since a financial adviser of this professional level can cost a lot. Virtual CFOs are hired based on the services that they offer as and when needed, which makes them appropriate for businesses that run on limited budgets. You also get to work with a team of experts, which gives value to your money much more than a full-time CFO will.
For more information on how we can help your business reach its potential, please contact Sandy on 0411 876 912 or use our contact form here
What our customers say!
I am extremely grateful that a friend recommended Sandy from DBS to me in my hour of need. Sandy communicates clearly the services and fee structure she provides, so there were no hidden surprises which meant a level of trust was established quickly. Sandy’s service is of a high standard and I feel safe leaving my accounts in her hands. I would recommend DBS without hesitation.
DBS has been there from day one, setting up our new company, keeping it in order and offering outstanding advice. As we continue to grow DBS has setup projections and budgeting advice which is helping us reach goals and build our company at a rapid rate. We have nothing but positive experiences from every interaction with DBS, and thank them for their continued support.
Best thing I ever did was meet you
Being so busy with the day to day running of my business, it is great to have someone you can trust with all my accounting needs. A massive weight off my shoulders. That along with the valuable business advise provided, I have noticed an incredible improvement in most aspects of my business.
Contact Distinct Business Solutions today on
0411 876 912
Your local Illawarra based accountants with a difference
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