A Novel Idea: A CFO “On the Go”

helping organizations reach their full potential with scalable & customizable financial expertise

The Vision

Using my background as founder and former small business owner and my CFO experience to provide other organizations with outsourced financial expertise for reaching organizational goals and maximizing profitability. By providing scalable and customizable services, business owners can create cost-efficient ways to benefit from CFO insights and analysis to create real and lasting financial impact.

The Problem

While nearly all organizations and business owners would benefit from having a CFO in-house, most cannot afford such a full-time person on their payroll. The result is being pulled in too many directions from day-to-day operations, human resource & staff management, inventory decisions, and cash flow management, which usually leads to settling for mediocrity in the financial realm instead of reaching hopes, goals, and full potential of the organization. 

The Opportunity

With the devastating impact of the current pandemic, most all now better understand the critical need for financial expertise, including historical sales and expense analysis, cash flow forecasts, scenario planning, and better communication with staff, management, and key stakeholders. There is a clear, immediate opportunity for providing flexible and affordable CFO guidance and hands-on financial services for helping organizations survive and thrive in the current business realities and beyond.

Through an ongoing analysis of historical and current financial data, a CFO can identify where a team or business is underperforming, understand why margins are suffocating, and highlight what potential pitfalls might derail the business' success and profitability. After the data is analyzed and trends are charted, a CFO advises owners and key stakeholders about the right steps the company should take on behalf of the business impact and sustainability. The main purpose and benefit of having a CFO is to better understand your business and drive value in ways such as: 

• Creating Five Year Plans & Detailed Financial Projections

• Establishing Payroll & Operational Expense Budgets

• Evaluating Monthly Financial Performance & Budget Comparisons

• Overseeing & Monitoring Cash Flow

• Analyzing Store Cateogry Sales & Inventory Trends

• Analyzing Cost of Goods Sold & Gross Margin Trends

• Improving Operational Structures and Systems

• Engaging in Weekly Meetings & Personal Consultations

Whether you and your organization need short term or ongoing support, my CFO for Hire services can blend, integrate, and grow with your team and staff to enhance strategic planning, create better internal systems, gain better insights, and better reach your organization’s financial goals. Reach out today and let’s discuss how I can support your efforts.