Fractional CFO

Fractional CFO Services

What if you had a crystal ball that projected the financial status of your company for the months and years to come? Have you ever had cash flow issues, where the business was steadily growing but there just wasn’t enough to pay the bills? If you would need to secure a line of credit, or raise capital for expansion, would you know how to do it? These are questions that haunt many businesses because the owners know it’s important. But they just don’t know where to get the help they need.

These are some of the many tasks for a Chief Financial Officer (CFO). If you do not have one for your company, you need to hire one. If you cannot afford to hire someone as a full time employee, then consider a Fractional CFO.

What is a Fractional CFO and what do they do?

Large well-established companies have a department dedicated to the financial operations of the organization. They are responsible for managing cash flow, watch margins, ensure accurate record keeping, offer tax planning advice, secure funds for growth, provide cost/benefit analysis, and manage anything else to do with the company’s money.

That’s a lot for you to think about in your business!

Someone with this experience and credentials would be very expensive to hire. The alternative is a “fractional” service that provides these services as needed. The term of service could be a few hours a day, or per week or month as needed. And the services may be needed for an interim period of rapid growth, or for a longer period as the company is building for the future.

This is more than simply hiring a bookkeeper. Their focus is on collecting and assimilating historical data for a review of the past, and the current financial status of the company.

A Fractional CFO has your future in mind. Their focus is to prepare a financial roadmap for you to fulfill your growth goals. This involves strategic planning and budgeting, managing cash flow, ensuring timely and accurate financial reports, minimizing risk, and overall providing the resources you need to bring your vision into reality.

Is it time for you to put the numbers behind your vision into a plan? We can help! Contact us for a complimentary consultation so that we can talk about your specific needs.

Testimonials

When I came to Don, I was ready to give up. It really felt hopeless. But from day one, what he said made sense. Quite frankly, I didn’t have much faith we could turn things around. It has since been an awesome experience working with him! He has helped us through some difficult times in this last year and we now feel we have things under control. With Don’s coaching it has been a huge benefit not only form a business standpoint but through our talks he has been a great support, mentally, emotionally, and spiritually to help me achieve my goals.

Steve Jorgensen

Don is a great coach and business mentor. In less than an hour, and less than 10 questions later, he provided me with a focused and comprehensive review of my business. He listened and shared great insights about what I’m doing well/right as well as identifying existing gaps in my business processes and opportunities for improvement. I felt relieved and inspired to move to action to prepare myself better for the year. If you’re a business owner looking for strategic insights and recommendations to help you move the needle forward in your business, be sure to book a session with Don. You won’t be disappointed.

Amy K.

I’ve been working with Don for over a year, and the changes have been amazing. I didn’t know how to grow, and what to focus on in order to build my business. Don has a great process of determining who you want as a client, and how to focus on delivering the best product for them. From building better SOPs, client interactions, and forming awareness of all the parts of my business, Don has helped me grow, and dominate my goals every month.

Stephanie Smith

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