We work at the senior level, counseling management and guiding existing staff towards the development of improved management systems. Areas of expertise include:

Fractional CFO Services

  • Preparation of Financial Statements: It is extremely critical that small businesses understand and receive monthly financial statements on a timely basis. The real benefit timely financial statements provide is to help you run your business better and have the information available to take necessary corrective action when things “go off track”. Acting as your fractional CFO, we will sit down with the management team on a regular basis to review results.
  • Budgeting and Forecasting: Equally important to understanding how the business has performed in the past, is having a firm grasp on how it is likely to perform in the future. Acting as your fractional CFO, we will assist you in developing a realistic monthly/annual plan for revenues and expenses. These plans will be monitored on a regular basis and adjustments to the plan can be made as required.
  • Cash Flow Forecasting: Businesses most often fail or limit their growth by not managing their cash effectively. Knowing what constraints that sales growth and extended payment terms have on the organization’s cash flow is a key part of our fractional CFO role. We will develop cash flow forecasts to assist you in managing your cash flow and identify areas where improvements can be made.
  • Business Plan Development Getting investors interested in your venture means combining credible financial projections with a clear story. Knowledgeable institutional investors will tell you that you should write your own business plan so that you really “own” the contents and stand behind every word and financial assumption. Of course, many CEOs don’t have the time or expertise. This is where fractional CFO can help. We will help guide you in developing your vision and provide a balance between dreams and reality. We will then act as your CFO and work alongside of you to present to potential investors.

Other typical CFO roles and responsibilities that we can provide to help your business:

    • Liaison with bankers, insurance brokers, investors, government taxing authorities
    • Deal with the Company’s auditors and assist with year-end preparations
    • Oversee and manage the Company’s accounts receivable and accounts payable
    • Help prepare presentations for shareholders or investors
    • Analysis of business opportunities
    • Due diligence projects on acquisitions or mergers
    • Analysis of product or customer profitability
    • Implementation of new accounting or control systems
    • Developing checklists and procedures for new accounting processes
    • Hiring and training of employees
    • Developing an employee pay or incentive plan
    • Turnaround/change management
    • SWOT analysis