Increase Profits, Improve Cash Flowand Plan for Growth.
A Virtual CFO helps you do it all.
Empower Your Business
with a Virtual CFO
If you’re tired of making critical decisions based on past numbers alone and you want more than reports and records–a Virtual CFO can help.
If you need foresight, strategy, and a financial roadmap that matches your ambitions–a Virtual CFO is the answer.
If you need comprehensive business advice, strategic advice, and financial expertise to guide your decisions and optimize your financial performance–you need a Virtual CFO.
Our Virtual CFO service brings an end to costly trial-and-error decisions
A VCFO is like having a high-level financial partner whose sole purpose is to help you understand, optimize, and grow your business financially - without the hiring cost of a full-time executive. Unlike a traditional CFO, which only large organizations could previously afford, a VCFO provides comprehensive advisory services to help businesses make informed decisions and plan for their strategic goals at a fraction of the cost. It’s not just about better bookkeeping or more detailed reports.
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Basing decisions on data-driven budgeting, forecasting, and scenario planning—no more guesswork
Anticipating market shifts, optimizing cash flow, and setting long-term goals to ensure you’re always one step ahead
Identifying key performance indicators, streamlining operations, and leveraging proactive tax planning to keep more of what you earn
Improving financial systems, refining processes, and aligning resources so your back-office operations become a growth engine, not a bottleneck
Starting with foundational insights, then advancing to deeper advisory as you grow—without the overhead of a full-time CFO
What is included in Virtual CFO services?
At YBL, we believe that strategic financial leadership is the key to unlocking your company’s true potential. Stop relying on outdated numbers and guesswork. Instead, embrace a smarter way to manage your finances, optimize cash flow, and drive growth—all without the cost of a full-time executive. Our VCFO services are tiered, so you can decide exactly how much or how little support you need from our team.
Tax Planning & Compliance
Taxes can feel unpredictable, with changing rules and tight deadlines leading to stress and costly mistakes. Get proactive guidance, timely support, and accurate advice year-round, so you’re never caught off guard.
As part of our Virtual CFO package, our Tax Planning & Compliance services include:
- Integrated Tax Planning: Strategies to optimize business and personal taxes.
- Return Preparation: Accurate, timely corporate and personal filings.
- Quarterly Reviews: Proactive check-ins to keep you on track.
- CRA Compliance: Deadline tracking, documents, and reminders.
- Compensation Planning: Guidance on pay and benefits for tax efficiency.
Find Out More About Tax Planning & Compliance With YBL
QuickBooks Online Training
Navigating QuickBooks can turn helpful data into stressful minefield. Our QuickBooks Online Training equips you to master the software, so that you can gain actionable insights from your financial data.
As part of our Virtual CFO package, our QuickBooks Online Training includes:
- Onboarding & Setup: QuickBooks Online set up right from the start.
- Training: Step-by-step guidance to build confidence.
- Transactions: Record, track, and reconcile accurately.
- Reports: Create and understand actionable insights.
- Apps & Workflow: Tools and setup to streamline processes.
- Support: Expert help whenever you need it.
Take The First Step
Mananged vs. Supported
We offer two ways to work together. Managed means we do the work for you, from setup through delivery. Supported means you run operations in-house, with YBL providing training, review, and ongoing advisory support to ensure accuracy and compliance.
Bookkeeping
Disorderly books can leave you second-guessing your decisions when you’d rather be focusing on strategy. Get customized reports that show you exactly where you stand and where you’re headed, so every decision is backed by real data.
As part of our Virtual CFO package, our QuickBooks bookkeeping services include:
- Managed or Supported Bookkeeping: You choose if you want us to take it all off your hands or if you’d prefer to handle it yourself with support and oversight from us.
- System Setup & Integration: Expert setup of tools like Xero, Dext, and Wagepoint.
- Payroll Processing: Accurate, CRA-compliant payroll.
- Accounts Payable & Receivable: Efficient payment management.
- Workflow & Apps: Tailored advice and software recommendations.
Find Out More About Bookkeeping With YBL
Payroll
Payroll can feel like a full-time job on top of everything else you already do. From setup to pay day, we handle payroll so you can spend your time building the future you’ve envisioned for your business.
As part of our Virtual CFO package, our Payroll services include:
- Managed or Supported Payroll: You choose if you want us to do it all or if you’d prefer to handle it yourself with support and oversight from us.
- Payroll Setup & Integration: Smooth setup on Xero, Dext, or Wagepoint.
- CRA-Compliant Processing: Accurate deductions and filings every pay period.
- Timesheets & Records: Organized hours, leave, and employee info.
- AP & AR Coordination: Streamlined payroll-related cash flow.
- Year-End Reporting: Forms and summaries handled on time.
- Workflow & Apps: Custom advice to improve processes.
Find Out More About Payroll With YBL
The YBL Difference
Integrated approach
Seamlessly add a VCFO advisory plan to your Bookkeeping and Payroll services, eliminating the disconnect between multiple providers. Get a team of experts all working together to make your business better.
Client success at heart
Our dedicated team checks in regularly, ensuring your services evolve with your needs.
Actionable insights, real results
We translate numbers into clear steps that enhance operations, support strategic growth, and strengthen your bottom line.
Financial support that grows with you
Basic
For small clients who want things done well
Avg of $450/month
- Corporate and personal tax preparation
- T1 and T2 limited review protection
- HST filing(s)
- Ontario annual return
- Semi-annual tax planning
- Semi-annual management reports
- Annual budget support
- Year end review
- QBO training and support
- Advisory check-ins
- Cash flow management
- KPI tracking & custom dashboards
- Full financial roadmap
- Investment & Capital management support
Standard
For medium to large clients or small clients needing more support
Avg of $700/month
- Corporate and personal tax preparation
- T1 and T2 limited review protection
- HST filing(s)
- Ontario annual return
- Quarterly tax planning
- Monthly management reports
- Quarterly budget review
- Year end review
- QBO training and support
- Advisory check-ins
- Cash flow management
- KPI tracking
- Full financial roadmap
- Investment & Capital management support
Premium
Ideal for clients seeking weekly partnership
Avg of $2,000/month
- Corporate and personal tax preparation
- T1 and T2 limited review protection
- HST filing(s)
- Ontario annual return
- Monthly tax planning
- Monthly management reports
- Monthly budget review
- Year end review and insight analysis
- QBO training and support
- Advisory check-ins
- Cash flow management
- KPI tracking & custom dashboards
- Full financial roadmap
- Investment & Capital management support
We have been with YBL for many years, and we couldn’t be happier with the services they provide! Their team is knowledgeable, professional, and always goes above and beyond to ensure that all our questions are answered. Whether it's handling our complicated business taxes, managing our bookkeeping, or addressing any concerns we may have, they do it all with precision and care.
Common Questions
Ready to
elevate
your financial and operational strategy with a virtual CFO?
Let’s get you a no-pressure analysis of your business and identify where a VCFO can drive operational improvements and growth.
With a standard CFO you get 1 partner; with our Virtual CFO service you get a whole team
Being a Virtual CFO team means you have access to a wide range of support from a diverse group of specialists. Be it bookkeeping, payroll, tax planning, strategy, tech upgrades and more. Team YBL has you covered.