Outsourced CFO Services – Los Angeles (CA)

Los Angeles Outsourced CFO

The impact of COVID-19 has been felt by businesses in Los Angeles and across California.  The combination of forced business closures and sharp reductions in demand left many to make difficult decisions, including staffing and employment issues. This resulted in a large section of the workforce being laid off, furloughed, or terminated. Now that the focus is shifting from survival to recovery many have realized that the high-level skills, leadership, and experience needed to help on the road to recovery are not available internally and may not be necessary in a full-time capacity. This is especially true of the accounting department where only essential staff was often retained to manage essential daily tasks. Unfortunately, many companies now lack the resources needed to not only manage the accounting function but also assist with the recovery strategy.

California Virtual CFO

Selden Fox works with businesses in Los Angeles and across California (CA) providing virtual CFO services designed to meet specific goals and objectives. Our team of seasoned professionals can help in obtaining new financing, renewing lines of credit, and assisting with cost/revenue benefit analysis. They go beyond just keeping the books accurate to offering seasoned insight, direction, and guidance on essential business topics.

Los Angeles Outsourced CFO Services

  • Budget Preparation & Reporting
  • Financial Forecasting & Modeling
  • Assistance Obtaining Financing
  • Software Selection & Implementation
  • Profitability Analysis by Service or Group
  • Lease vs Buy Decisions
  • Treasury Management

Selden Fox is very professional and thorough in their work and services. The staff was very easy to work with and and very helpful.

Map of Los Angeles (CA)

Contact Our Los Angeles Outsourced CFO Team

Selden Fox can provide outsourced accounting and virtual CFO services to small to mid-sized private businesses, nonprofits, and government entities. If you are interested in learning more about our virtual CFO services for Los Angeles and companies across California (CA), complete the form below, and you will receive a prompt response.

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About Los Angeles (CA)

One of the key aspects of the Los Angeles business community is its emphasis on entertainment and media. Major film studios, television networks, and music labels are headquartered in the city, attracting talented artists, producers, and executives from around the globe. The presence of these entertainment giants not only contributes to the local economy but also fosters a culture of storytelling and creativity that permeates the entire business community.

In recent years, Los Angeles has emerged as a thriving hub for technology and innovation. The city is home to Silicon Beach, a cluster of tech companies and startups located primarily in the Venice and Santa Monica areas. This region has attracted entrepreneurs, engineers, and investors who are eager to leverage the city’s unique blend of talent, resources, and lifestyle to build groundbreaking companies. The Los Angeles business community has seen the rise of successful startups in various sectors, including e-commerce, digital media, health tech, and clean energy.