Alexandra Dawes is the Founder of Virtual CFO Solutions. Their mission is fixed on providing strategic financial guidance and tech solutions, propelling startups into scaling up. In this episode of Between Two Servers, Sonia Couto, Director of Konverge had a discussion around the startup ecosystem, how Virtual CFO works with startups, as well as some of the challenges Alexandra has experienced within the industry.
Light Transcript of the Interview
S: So why don’t you tell us a little bit about Virtual CFO and what you do?
A: Yeah, for sure, so a little bit about myself, I started my career path in the traditional accounting route but I wasn't really sure what I wanted to do.
I just knew I was in accounting and I was getting my CPA and all of that, but eventually, I stumbled across a virtual accounting firm and worked with them for a few years and found my passion in working with startups and tech companies, and really being involved in not just the year-end part of accounting but really, the day-to-day operations reporting. So, that then led me to working kind of part-time with a few local tech companies and eventually turning that into Virtual CFO Solutions.
We've been around for just over a year and a half, so we’re still kind of a startup ourselves. But at the end of the day we're there to help as a fractional finance team for startups and small businesses.
So, whether you're making no money or whether you're making 10 million in annual revenues, we can come in as a team to support you on the day-to-day bookkeeping but also provide the CFO insight that they need for forecasting.
S: So, can you tell me a little bit about why I should hire a virtual CFO instead of hiring a bookkeeper and what are the benefits of going with you versus hiring all of these people?
A: So, I think one of the benefits there would be that you're getting a piece of everything. If you hire us, you're not just hiring an internal bookkeeper, an internal controller, or internal CFO, you can kind of get a slice of everything just by having our team. It just gives you that expert knowledge that you need in each area without having to pay someone full-time for it.
We like to grow with our clients and once they get to a point where they're massive and scaling and they need a full-time team, this is when we then help with transitioning.
Learn More about Virtual CFO Solutions:
Don’t forget, you can find us wherever you listen to your favorite podcasts and you can find exclusive updates and clips across our social media platforms: