Virtual CFO Services

A Virtual Chief Financial Officer (CFO) is a remote financial expert who provides expert guidance and strategic financial management without the need for a full-time, in-house CFO.   According to ZipRecruiter, a CFO's salary in Maryland can range from $180,000 to $200,000 per year. Our company offers the same helpful services but at a much lower cost, without compromising on quality. 

• Cost-Effective: Traditional CFOs come with high salaries and benefits. Virtual CFO services allow you to access top-tier financial expertise at a fraction of the cost.
• Expertise On-Demand: Tap into a diverse skill set tailored to your business needs, whether it's financial analysis, strategic planning, or risk management.
• Strategic Planning: Develop data-driven financial strategies to navigate market uncertainties, seize opportunities, and drive growth.
• Real-time Analysis: Stay ahead with up-to-date financial insights, enabling swift and informed decision-making.

• Financial Analysis: Comprehensive review of financial data to uncover trends, strengths, and areas for improvement.
• Budgeting and Forecasting: Create accurate financial projections that guide your business's short-term and long-term goals.
• Cash Flow Management: Optimize cash flow to ensure operational stability, manage liquidity, and seize growth opportunities.
• Financial Reporting: Generate detailed reports that provide transparency for stakeholders, investors, and regulatory compliance.
• Business Performance Metrics: Define and track Key Performance Indicators (KPIs) to measure success and drive continuous improvement.
• Strategic Tax Planning: Minimize tax liabilities while ensuring compliance with tax laws and regulations.
• And more! These are just a few of the services we provide as your Virtual CFO.

We offer two CFO packages*:

Virtual CFO Services - Starts at $2,500/month 

•  Providing expert oversight, we’ll be your partner in making strategic decisions to propel the growth of your business. With weekly meetings, you’ll always know where your business is financially to help you make business decisions in real-time.
   

CFO Lite (for those starting out) - $1,200/month 

•  A level of service that offers you a clear financial view into the future of your business, owner pay, and goals. Every month, you walk away feeling confident knowing the direction your business is heading.

*Pricing is effective 8/1/2024 and is subject to change.  Contact us for accurate pricing based on your business needs.

• Consultation:  We offer a comprehensive consultation service, engaging in an in-depth discussion to thoroughly comprehend the unique financial challenges, goals, and aspirations of your business. 
• Custom Strategy: We develop a tailored financial roadmap that aligns precisely with your specific needs and objectives.  
• Implementation:  Our dedicated team then proceeds to implement this strategy with precision, closely monitoring progress and making adjustments as needed. 
• Regular Updates/Meetings:  To ensure you are consistently informed and involved in the process, we provide regular updates through scheduled reporting and virtual meetings. This approach ensures that you are always in the loop and can actively participate in decisions that impact the financial well-being of your business. 

At Nicholynn Advisors, we stand apart with a team of seasoned professionals, each carrying a wealth of experience in diverse financial landscapes. Our client-centric approach is at the core of everything we do. We delve deep into understanding your unique needs and aspirations, tailoring our financial solutions to seamlessly align with your business objectives. Embracing cutting-edge financial technology, we ensure precision, accuracy, and efficiency in every facet of our service delivery. With a steadfast commitment to confidentiality, your financial data is handled with the utmost security. When you choose Nicholynn Advisors, you're selecting a partner dedicated to propelling your business towards success with strategic financial guidance tailored to your journey.

Space is limited, only 2 applicants will be accepted into the service each month.  To reserve your spot, all you need to do is click the “Contact Us” button and schedule your free introductory call. 

Planning Session - $2,500
Need a dose of clarity on your financials right now? Over 2 four-hour sessions, we’ll build a financial forecast and cashflow plan for the next 12 months of your business.

You’ll leave with a clear plan to achieve your profit goals and the confidence to make important business decisions. Additionally, you’ll have a straightforward understanding of how much you can pay yourself each month. 

One Hour Strategy Session - $450
Whether it's bookkeeping, navigating QuickBooks, understanding tax implications, optimizing your business entity structure, or managing payroll, our expertise is at your disposal. This one hour strategy session is designed to provide real-time solutions to a myriad of issues your business may face.

Examples: 

• Am I paying the lowest amount of taxes?
• When should I become an S-Corp?
• Can you look through my QuickBooks to make sure I’m doing it right?
• Am I paying myself the right amount? I should pay myself like an employee…right??