Services for Small Businesses
- Financial management services (CFO) which let you, the small business entrepreneur, focus your time on getting on with the business side, while knowing that its financial aspects are being taken care of
- Business information management services
- Improvement of business processes (with suppliers, customers etc)
Why do you need my CFO services in your business?
Most often, your accountant/tax consultant analyses your business only from the viewpoint of the authorities - income tax, VAT, national insurance (some do more, but they are the exception).
I perform monthly trackings and do analyzes re the on-going financial management of the business – go through the bank account/s, credit cards, cash, invoices and receipts – and from all of these I build a clear picture of the true bottom line of your business.
3 Suitable paths
Performing follow-up and analyses
in your place
I perform the follow-up and analysis work for you that every business owner must do (but many do not, due to lack of knowledge, time or desire). Meticulously goes through the bank account, credit cards, sources of income, crosschecks and compares with previous months, performs analyzes for that month and over time, and from this work can flood problems, suggest corrections, and in some cases also do them for you.
This service is suitable for business owners with a turnover of NIS 30,000 or more, who want to devote all their working hours to the business itself and not to an in-depth examination of the numbers.
Creating customized formats
For you to track & analyze effectively
This service is for business owners who don’t want to let anyone external touch their data, but understand the importance of tracking and analysis, and wish to do these themselves. Most business owners don’t have the know-how of how to build tables and electronic sheets suitable for their businesses. So instead of wasting time trying to do it, come to a 2 hour meeting and I’ll build them for you, fully customized to your needs, and guide you on how to use them. Cash flow, bank account and credit cards checking and tracking, budget preparation and tracking etc.
This service is suitable for small business owners (with a turnover of less than 30000 NIS pm), and/or for larger business who prefer to do it all themselves.
Periodic meetings
Consultation on specific issues
Sometimes, a small business owner just needs a one-off meeting with a “number crunching” professional in order to get a different perspective and guidance on a troublesome issue and get it resolved. So - come meet me, no strings attached, and not necessarily just for Excel tables…
Information Management and Business Processes
Examples are the best way to explain and understand what I do, so here are two recent ones:
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For a business owner in the nutrition field, I created a logic for digital folders and together we chose a cloud platform and installed it on her computer, as well as on her phone. We built the folders and subfolders according to the logic we created. I taught her how to move each file from its default folder on the computer itself (mainly the "Documents" and "Downloads" folder) to the correct folder for that file according to its subject (yes, it's quite a tedious project since she has thousands of files but we also talked about deleting unnecessary files, and indeed, she had a lot of duplicates and files that there was no point in keeping). I taught her how to save in the appropriate folder every new file she creates or receives, including photos and videos, directly from her computer or phone.
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For the owner of a medical clinic, I built a complete process for handling invoices from suppliers. The process had several goals: to help him know even before the end of the month how much he would have to pay at the beginning of the next month to his (many) suppliers, without it taking hours of work, including checking the correctness of the invoices; he wanted to be able, at any point in time, to easily and quickly retrieve any invoice, regardless of how it arrived at the office (along with the goods, by email, mail or WhatsApp). This process frees up a lot of time for the clinic staff, who have more time to attend to their patients.
