CFO & Bookkeeping Services
Entrepreneurship empowers women to take control of their futures, but the financial details can be daunting, especially for small business owners who are attempting to establish a steady cash flow, grow their company or implement effective pricing strategies. In these scenarios, you need a trusted, experienced strategist to guide you through key financial decisions.
Finhive offers end-to-end Chief Financial Officer (CFO) services for small businesses ranging from pre-revenue to $250K in revenue. We are exclusively focused on women entrepreneurs and utilize a collaborative, empathetic approach while helping you achieve your financial goals.
Benefits of Outsourcing CFO Services
CFOs are responsible for many of the time-consuming operational tasks involved in running a business. Your CFO will also ensure that your business is tax compliant, up-to-date on accounting, and protected against fraud. They will create budgets and forecasts, deliver clear financial records, and assess potential areas of risk. As a result, efficiency will improve, and you will have more time to focus on the aspects of your business in which you have more expertise.
CFOs play a critical role in driving financial success, but they can be cost prohibitive for early stage businesses. Instead, many small businesses can benefit from outsourcing these tasks to a third-party CFO.
By outsourcing your CFO services, you can customize the level of financial support you receive and avoid paying for services that are unnecessary for your business. Another benefit of working with an outsourced CFO instead of an in-house hire is that they bring a fresh, objective perspective to your business that can help you identify areas for improvement.
The Finhive Approach
Finhive’s qualified team of CFO service providers has more than two decades of combined experience across multiple industries. We work closely with our clients to develop detailed design plans based on their unique financial goals. Our CFO services include:
· Financial Strategies
· Pricing Strategies
· Bookkeeping Services
· Tax Filing Support
· Payroll Support
· 1099 Filing Support
· Financial Statement Analysis
Our team has proven results in helping small businesses drive finances, mitigate risks, and decide on pricing and expansion strategies. We are accomplished in evaluating adjacent market opportunities, tuning current business practices, performing go-to-market optimization, and implementing pricing strategies. We have also lead various high-impact growth initiatives that have driven top-line growth and operational improvements.
Collaboration is central to our approach. Our end-to-end CFO services often include monthly consultations with our small business owners to review cash flow and financial strategies. This way, you will remain well-informed on your company’s financial health without having to devote too much of your time to this aspect of your business.
Our clients have included construction, coaching, event planning, yoga, recreation, and personal event chef businesses. We have helped clients separate their personal and business finances, establish a positive cash flow, pay themselves a salary, scale business operations, and much more.
Get Started on Your Financial Journey Today
Help your small business reach its full potential by outsourcing the financial tasks to an experienced CFO who specializes in women-owned companies. Finhive is dedicated to helping female entrepreneurs accomplish their financial goals and achieve success in business. Contact us today to schedule a free 30-minute consultation to learn more about how Finhive can help you transform your small business.