Wichita Outsourced CFO
The impact of COVID-19 has been felt by businesses in Wichita and across Kansas. 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.
Kansas Virtual CFO
Selden Fox works with businesses in Wichita and across Kansas (KS) 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.
Wichita 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 Wichita (KS)
Contact Our Kansas 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 Wichita and companies across Kansas (KS), complete the form below, and you will receive a prompt response.
About Wichita (KS)
The Wichita business community is a dynamic and resilient ecosystem that is deeply rooted in manufacturing, aviation, and entrepreneurship. Known as the “Air Capital of the World,” Wichita has a rich history in aerospace and aviation, and it continues to be a major driver of the city’s economy.
The aviation industry is the backbone of Wichita’s business community. The city is home to several major aircraft manufacturers, including Boeing, Spirit AeroSystems, and Textron Aviation. These companies not only provide a significant number of jobs but also contribute to the development and advancement of aerospace technology. Wichita’s skilled workforce and expertise in aircraft manufacturing have made it a global leader in the aviation industry.
Apart from aviation, manufacturing plays a crucial role in the Wichita business community. The city has a diverse manufacturing sector that includes industries such as automotive, machinery, and advanced manufacturing. Wichita’s central location in the United States, along with its excellent transportation infrastructure, makes it an ideal location for manufacturing companies to establish operations