VCFO – Virtual Chief Financial Officer
VCFO stands for Virtual Chief Financial Officer.
A VCFO can provide specialist assistance to businesses. They are particularly useful in situations where the business is not large enough or cannot afford a full-time Chief Financial Officer. They will provide regular reports on how the business is doing financially, flag potential opportunities or challenges and provide accounting and/or financial expertise.
This may be particularly helpful to start-ups or to businesses who want to embark on a growth phase. The scope of the role is flexible, negotiated in agreement between the client business and the VCFO provider.
Talk to the Warkworth accountants team at MacNicol and co about how they can help you with specialist business assistance where and when you need it.