CFO Karla Sasser reveals three main reasons small business owners should hire a virtual CFO – Simi Valley, CA

Karla Sasser, CPA, founder of the Cyber CFO in Simi Valley, CA, has just revealed why business owners should hire an virtual CFO. For more information please visit https://ksassercpa-cybercfo.com/

Simi Valley, CA, United States - March 7, 2018 /MM-REB/ —

CFO Karla Sasser, owner of KSasser CPA the Cyber CFO in Simi Valley, CA, has just revealed the key reasons behind why business owners should hire an virtual CFO.

For more information please visit https://ksassercpa-cybercfo.com/

When asked to comment, Sasser said, “Virtual CFOs are an expense that many business owners don’t even consider, however, an virtual CFO can help grow your business and save money in three main ways.”

1.) Provide Resources

One of the biggest advantages to hiring a virtual CFO, according to Sasser, is that it allows small business to have the resources only typically available to larger companies.

“Full-time CFOs can cost quite a lot and can be an expense that is out of reach for many small business owners. When clients come to me, I’m able to give them a full-time CFO experience at less than a part-time cost,” she said.

Sasser can also act as a consultant as she has the expertise of working for big companies, something that she can pass onto her clients.

When asked to elaborate, Sasser said, “If a business owner is looking to make a proposal to a larger company, and they need numbers to back up the pitch, I can guide them in approaching the project and pitch to increase their chances of securing a contract.”

2.) Reduce Tax Liability

Another crucial reason to hire an virtual CFO is to minimize tax liability.

“While a tax accountant plugs the numbers that you provide onto a tax return, an virtual CFO is the one who provides those numbers and ensures that they are accurate and optimized in terms of reducing tax exposure,” Sasser said.

A virtual CFO can also help structure the business financially to help maximize a company’s tax system to benefit the business owner.

When asked to elaborate, Sasser commented, “One of the most important ways we do this is by ensuring that all a company’s inventory costs are properly captured to increase tax savings.”

She added that having a robust financial system in place will protect against penalties in case of an audit by the IRS.

3.) Secure Financial Information

Virtual CFOs can also provide vital financial information about the company.

“A common problem among small businesses is that owners don’t look at the entire financial picture in pricing their products to break even or to make a profit. As an virtual CFO, I can break down these financial components and advise accordingly,” Sasser added.

“We take this information a step further and set up an accounting system that properly tracks manufacturing, fixed, and overhead costs. Ultimately, this will help business owners make future financial decisions that can put more money in their pocket,” she added.

Source: http://RecommendedExperts.biz

Contact Info:
Name: Karla Sasser
Organization: KSasserCPA-CyberCFO
Address: 2655 First Street, Suite 250, Simi Valley, CA 93065, United States
Phone: +1 805-328-4523

For more information, please visit https://ksassercpa-cybercfo.com/

Source: MM-REB

Release ID: 309944