ELO Consulting, LLC
Your Virtual Starter CFO
What Is a Virtual CFO?
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An affordable, low-risk starter CFO package.
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Virtual CFO creates, monitors, analyzes, and advises monthly online via Go To Meeting (virtual conference platform)
What Makes It Low Risk?
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It is affordable for small to mid-sized companies ($999/mo.)
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Fee historically offset by solutions that have yielded significant savings
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Low 6-month commitment
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30-day cancellation clause
How Do I Start?
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Provide ELO your latest full year of accountant-prepared financial statements
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ELO creates a 3-tiered budget (Conservative, Expected, Aggressive) based on initial meeting with owner, establishing year-ahead objectives
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ELO obtains actual results monthly and schedules a half day Go To Meeting to perform variance analysis and discussion based on objectives
Why ELO?
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30-year experience in banking and finance with a vast network of partners that can add tremendous value
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ELO's 1099 (consultant) status reduces additional labor costs a W-2 CFO brings
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ELO provides strong referral bonuses to existing clients making the CFO a revenue generator not a cost center
What Else Do I Get?
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Quarterly written budget report analyzing P&L and Balance Sheet with recommendations on all items to stay on budget and meet objectives
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ELO analyses your business in depth with software that slices and dices your financials, providing key credit ratios viewed by banks and comparisons to industry averages
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24-hour advisory services on other aspects of your business and areas needing focus (ELO's more customized services are then available with additional scope of work and more focused objectives (ie: IT solutions, real estate tax solutions, loan sourcing, M&A, etc).
