Essential Accounting Consultants

Our Virtual CFO Service may be a perfect fit for you if:

At Essential Accounting, we understand financial advice’s pivotal role in your business’s growth journey. Our Virtual CFO Service is tailored to meet the needs of service-based businesses like yours, providing professional financial guidance without the commitment of a full-time CFO or controller.

Whether you’re a budding service-based business needing expert financial insights or an established company seeking to optimize your financial management, our Virtual CFO Service offers flexibility and scalability to suit your specific requirements.

With three distinct service levels and the option to add a-la-carte services as needed, you can customize your financial support package precisely to your liking. At Essential Accounting, we believe in providing tailored solutions that empower your business to thrive.

Level 1: Strategic CFO (full-service)


Our Virtual CFO service partners you with a remote team of Accountants, CPAs, and a Tax Partner who work with you to help guide your business to success. There is a lot of redundancy, so nothing stops (even when someone is sick or takes a vacation).

You’ll have one distinct point of contact, a project manager of sorts, which will enhance efficiencies such as time, money, and management. If you’re a growing service-based business that now needs professional financial advice but can’t afford a full-time CFO or controller, our Virtual CFO Services are a perfect fit. 

How much does a full-service Virtual CFO cost? 


The cost of hiring a full-time CFO is, on average, $250,000 annually, plus vacations, bonuses, and other benefits. Our Virtual CFO services provide you with the experienced strategic support you need at an affordable fixed cost. Our average Virtual CFO package costs $1750 per week (less than $90,000 annually). 

What do Virtual CFO services include?


Service includes: bank relationships, weekly meetings, forecasting, company-wide KPIs, and more.



Level 2: Proactive


Our proactive Controller service partners you with an experienced Controller who works with you to help guide your business to success. If you’re a growing service-based business that now needs professional financial advice but can’t afford a full-time Controller, our Controller Services are a perfect fit. Our Controller services provide you with experienced support for tax returns, strategic planning, accounts payable and receivable, and detailed forecasting—all at a fraction of the cost of a full-time Controller. We get into more strategic cash flow management and dynamic forecasting. If you’re ready to scale, this dynamic forecasting is critical to your future growth.

Level 3: Reactive


Our Transactional service provides you with traditional accounting services such as preparing your monthly financial statements –including balance sheets, industry financial comparisons, and more. At this point, we’re not just assisting you with tax returns but also with more strategic planning. We’re not just a team of bookkeepers and accountants. We’re experts in laying a solid financial foundation to help your business accelerate.


In addition, we offer the following a-la-carte services:

  • Paying Bills (Accounts Payable)
  • Invoicing Clients (Accounts Receivable)
  • Payroll Management
  • Cash Flow Management
  • Business and Personal Tax Returns