If you are a business owner or investor you are solely responsible for the decisions that you make.
Your business will live and die based on the quality of your decision-making process, knowledge and due diligence.
Managing the financial and accounting functions in your business will drive your overall success.
There is a very large difference between a basic accountant, a controller and a CFO.
A good general rule of thumb is that any business above $1M in revenue will most likely need a controller at least but ideally a CFO.
As you grow to $5M to $20M working with the right CFO is imperative to your business success.
As you grow to beyond $40M you should handle these processes with full time hires.
The average salary for a full-time CFO is about $150,000 and can range from $120,000 – $200,000+.
As you begin to scale and grow your business a traditional accountant that you see once per quarter or once per year is not sufficient.
You need a company you partner with as an extension of your financial team that provide proactive advice that drives financial outcomes.
At Camuso CPA, we partner with your company to not only handle your basic accounting but to provide ACTIONABLE and PROACTIVE financial insights that improve your business and increase your profits.
We can provide an outsourced CFO solution for a small fraction of the price of a full-time CFO.
Whether it’s improving your gross margin through pricing strategies based on key performance indicators.
Or improving your cash flow and inventory management with effective forecasting and ratio analysis.
Or customizing your accounting process to effectively track income, expenses and key performance indicators on a per product, customer or sales channel basis.
We’re here to partner with you to take your company to the next level!
👇 I recorded a video going over this below
These are just some of the strategic financial services we provide to E-Commerce and Digital Businesses to increase their bottom-line and manage their cash flow:
✔️Profit Improvement
✔️Pricing Strategies
✔️Cash Flow Management & Forecasting
✔️Inventory Management & Forecasting
✔️Sales Forecasting & Budgeting
✔️Key Performance Indicators, Benchmarking & Financial Ratio Analysis
✔️Cost Controls & Financial Strategy
✔️Tax Planning & Tax Preparation