Outsourced CFO Services – Fargo (ND)

Fargo Outsourced CFO

The impact of COVID-19 has been felt by businesses in Fargo and across North Dakota. 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.

North Dakota Virtual CFO

Selden Fox works with businesses in Fargo and across North Dakota (ND) 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.

Fargo 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

Map of Fargo (ND)

Contact Our Fargo Outsourced CFO Team

From our Chicago offices, Selden Fox provides 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 Fargo and companies across (ND) complete the form below, and you will receive a prompt response.

About Fargo (ND)

At the heart of this dynamic business community are the hardworking and resilient entrepreneurs, each with their unique vision and drive. These passionate individuals are the lifeblood of Fargo’s economy, constantly pushing the boundaries and turning their dreams into reality. The business community here values collaboration and the spirit of lifting each other up. Networking events, business associations, and co-working spaces provide a supportive environment where ideas can be shared, partnerships forged, and new ventures born.

A key factor in Fargo’s business success is its strategic location. Situated at the crossroads of major transportation routes, the city serves as a logistical hub that facilitates the movement of goods and services. This accessibility enables businesses to reach a broader customer base, making Fargo an attractive destination for companies looking to expand their market presence.