Outsourced CFO Services – Wilmington DE

Wilmington Outsourced CFO

The impact of COVID-19 has been felt by businesses in Wilmington and across Delaware. 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.

Delaware Virtual CFO

Selden Fox works with businesses in Wilmington and across Delaware (DE) 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.

Wilmington 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 Wilimington (DE)

Contact Our Wilmington 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 Wilmington and companies across (DE) complete the form below, and you will receive a prompt response.

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About Wilmington (DE)

Wilmington’s strategic location along the Northeastern corridor has played a crucial role in its economic success. Situated midway between New York City and Washington D.C., the city serves as a key transportation and logistics hub. Its accessibility to major highways, rail networks, and ports facilitates the movement of goods and services, making Wilmington an ideal choice for companies looking to access regional and global markets.

The business community in Wilmington thrives on a spirit of collaboration and partnership. Various business associations, industry networks, and mentorship programs provide opportunities for professionals to connect, share insights, and explore potential collaborations. This collaborative atmosphere fosters a sense of camaraderie, with businesses often joining forces to address shared challenges and contribute to the city’s overall growth.