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Introduction:
iNetworks Venture Financial Services is a complete, comprehensive and customized financial service for seed to early stage sized companies. VFS is designed to provide vital financial services to company management that is not possible for companies without a full time Chief Financial Officer. The services offered include: financial infrastructure design and development; customized financial reports; financial analytical support for strategy development, pricing, modeling, operating analysis and benchmarking; as well as day-to-day accounting, payroll, invoicing, banking, accounts receivable and accounts payable.
Description & Opportunity:
iNetworks has formed a new subsidiary company, iNetworks Venture Financial Services LLC. Through our experience with many seed & early stage companies, we recognized a need for sophisticated financial and administrative assistance that is normally not available in such small companies. Early in the process of company growth and development, management’s focus is typically on product development and fund raising. There is most likely a small number of employees, a CEO and a product development team focused on core company activities. These companies require general and sophisticated financial services, but due to the stage of the company, there is usually not a CFO or accounting staff to appropriately provide these essential services. The companies will usually outsource the accounting & CFO function, and try to manage the outsourced financial management with the internal financial management. This typically leads to problems, inefficient management, and can lead to the ultimate demise of the company.
Until now, there has not been a comprehensive service available to small companies.
iNetworks Venture Financial Services is offering a complete, comprehensive and customized financial service for seed & early stage companies designed to measure and track the success factors for each unique company and CEO. The services offered include: financial infrastructure design and development; customized financial reports; financial analytical support for strategy development, pricing, modeling, operating analysis and benchmarking; as well as day-to-day accounting, payroll, invoicing, banking, accounts receivable and accounts payable.
iNetworks Venture Financial Services classifies the services offered to clients into two broad categories: Accounting Services, and Financial Services. Each category is priced separately due to the skill and experience required to perform the services.
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