“Statistics show that eight out of ten businesses fail due to financial mismanagement.”
Don’t be that business.
Are you experiencing the following in your business?
- You don’t know how much cash is coming in or going out
- You don’t have access to the right data to make decisions in a timely manner
- Business is growing in complexity. Your accounting and financial function is struggling to cope with data and reporting demands.
- Struggling to budget and forecast appropriately
- Expenses are spiralling out of control and profitability is decreasing
- As a business owner, you’re working more in your business than on it. There isn’t enough time to focus on the big picture.
Who is a Virtual CFO?
A Virtual CFO works with your business on a part-time / ad hoc basis to provide strategic business advice & expertise across all areas of your business. By integrating into your day to day operations, they can keep an eye on reducing cost, increase efficiencies and help you run and grow a profitable business.
Hiring a Virtual CFO provides huge cost savings as compared to hiring a full or part time employee. You won’t have to pay on-costs or provide an office space or equipment. Most importantly, you can focus on your core operations as we monitor the financial pulse of the business.
When do you need a Virtual CFO?
Why should you hire a Virtual CFO?

Virtual CFO Services
- Company health Check
- Operational Review
- Financial Reporting : Help you understand your financial position
- Cash Flow Management
- Performance Tracking (KPI Reporting)
- Budgeting and Expense Control
- Minimize Business Risk
- Streamlining accounting functions
- Training & Development of Accounting staff
Virtual CFO Packages
As you progress through the various stages of your business lifecycle, your need for financial information will grow and evolve. Accurate financial data is vital to the success of your business. At MYM Accounting & Business Consultancy, we have different packages to suit your needs, from basic transactional reporting to data for strategic business decisions.
We can also create a custom package tailored to your specific business needs.
The Starter CFO
What we do:
• set up your initial budget and cash flow for your entire year
• establish your core financial processes and reporting requirements
• inform and educate important stakeholders about the business
• monthly consultations to organise company processes
The Growth CFO
What we do:
• monthly reports
• improved financial analysis
• cash flow management
• monthly KPI reporting to show progress tracking
• a quarterly budget to actual analysis report for insights into missed forecasts and expenses
• timely data to inform key investment or expansion initiatives
The Established CFO
What we do:
• improved financial analysis
• cash flow management
• monthly KPI reporting to show progress tracking
• a quarterly budget to actual analysis report for insights into missed forecasts and expenses
• timely data to inform key investment or expansion initiatives
• access to detailed monthly reports
The Starter CFO
Monthly Management Accounts
6 monthly Budget to Actual Analysis
Annual Cash flow and budget forecast
Catch-up calls 1 hour per month
Ad hoc work up to 2 hours per month
The Growth CFO
Monthly Management Accounts
Quarterly Budget to Actual Analysis
Cashflow Management
KPI Reporting
Financial Dashboard
6 month Cash flow and Budget Forecast
Catch-up calls 1 hour per fortnight
Adhoc work up to 4 hours per month
The Established CFO
Monthly Management Accounts
Monthly Budget to Actual Analysis
Cashflow Management
KPI Reporting
Financial Dashboard
Quarterly Cash flow and Budget Forecast
Catch-up calls 1 hour per week
Adhoc work up to 6 hours per month
Operational Review
Company Health Check
How does Onboarding work?
When you hire a virtual CFO for your business, we will spend the first few weeks on onboarding. During this time, we understand your business, any current and future challenges, your short term and long-term vision for your business.
Some common activities will involve: