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Frequently asked questions

Contact us if you have additional questions that we have not answered below.


Who is in control of my finances?

You are. Capital CFO is your partner throughout the whole process. We run all bills/invoices/statements through you and determine a proper payment schedule. The financial decisions of the company are yours and we are a guiding partner.


Who will be working on my business?

Most companies have 1 to 2 assigned consultants working on their account. In addition to the consultant, I will also working on the project to ensure that the work is being completed to your satisfaction and timetable. Our team works behind the scenes and is able to accomplish much of our work remotely. We will not need designated office space or equipment.


What does it cost to utilize Capital CFO?

For our clients, are costs are significantly less than hiring a full or part-time employee and most small to mid-sized companies do not need that many hours for their finance departments. This is where our outsourced financial team can help. We save companies payroll, benefits, vacation/sick/personal time and our team gets the work done efficiently and effectively. Whether you need day to day data entry/bookkeeping, or a full presentation of financial statements, Capital CFO is here to help and work with you. We base our fees on the monthly or weekly hours needed for the account and establish a monthly rate so you can adjust your budget. The cost of setting up and maintaining your books is far less expensive, and more effective, than having your accountant or tax consultant handle it at the end of the year. As an business owner and leader, you want this valuable information throughout the year. As your needs continue to grow with your business we will work closely with you to reassess the project. We are a partner with all of our clients and our services directly correlate to a return on investment.  We encourage you to schedule free consultation to get to know our team and our process.


What accounting databases do you work with?

Most of our clients use Quickbooks and Quickbooks online and we frequently recommend Quickbooks for its ease and accessibility. However, our consultants are able to work with you and your current software or recommend the best option for your company.


Why do I need a CFO?

You didn't start your business or become the head of an organization because you wanted to be a bookkeeper or CFO, we did. You started because you believe in your product and your work. And your job is to make sure it is growing. The accounting, bookkeeping and financial aspects of your business are important to how you run your company, but it is time consuming and if not done properly, can lead to more headaches down the road. Allow our financial experts to put the complicated pieces together for you so you can focus on your vision. 


Are you also my CPA?

No, Capital CFO offers outsourced Bookkeepers and Financial Officers and we leave the accounting and tax preparation to the experts. We recommend a separation of duties and believe in our team so strongly that we want an independent review of our work. We partner with multiple CPA and tax preparers throughout the region and can make a recommendation for your company. In addition, we work hand in hand with your accountant/CPA to ensure your finances are accurate and are transparent with our work.


Do I have to live in Saratoga?

No, our services are available to anyone that lives in the US. We are able to provide remote applications to complete your financial needs. Our company is equipped to offer our part-time financial experts regardless of your location.