What is a Virtual Controller and What are the Benefits of Hiring One?

A photo of a person from the neck down. They’re wearing a white collared shirt, sitting at a desk, typing on a laptop with one hand and holding a calculator in the other.

You’ve heard the saying, “You can’t do it all.” As a business owner, it’s almost impossible for you to manage your day to day tasks and give your finances the attention they need to keep your business afloat. At Money Mastery LLC, we pride ourselves in helping small and medium businesses achieve financial peace of mind. When  searching for someone to manage your finances we recommend outsourcing your finance management to a virtual controller. What is a virtual controller and what are the benefits of hiring one? We have these answers and more for you here. 

What is a Virtual Controller?

If you’re a gamer, you may be thinking of a controller for your computer or favorite console, but a virtual controller plays a different role in accounting. A virtual controller is an outsourced accountant who specializes in business expenses. Outsourcing an accounting professional will prevent internal financial corruption and give you peace of mind as you manage your business. 

What are the Benefits of Hiring a Virtual Controller?

  1. Less costly: The virtual controller is usually less expensive than an in-person controller and will work with both the business owner and bookkeeper to help your business thrive long-term. A remote controller will still provide you with the quality work you expect from an in-person accountant. Hiring a virtual controller to run your finances will also prevent costly mistakes (often made as a business starts up).

  2. Flexibility: With a virtual controller, you’ll have someone available to run the numbers on every decision you make. While the virtual controller handles your finances you can focus on refining your product and building up clientele. 

  3. Personalization: The virtual controller will help you create a comprehensive financial plan specific to your business. The virtual controller will optimize your cash flow and find ways to save you money on tax breaks.

Hiring a virtual controller can be the key step to help your business thrive financially. Ready to speak with a financial expert? Looking for a qualified virtual controller you can trust? Contact Money Mastery LLC now!

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