Businesses require expertise and experience to drive profitable, sustainable growth. As your Part-Time CFO, we identify new growth strategies and provide methods to reduce costs to improve your business’s profitability, at a fraction of the cost of a full-time CFO. 

In today’s competitive business world where profits have to be shored up – managing costs and cash flows has become paramount. In this environment, the utilization of part-time CFO services is the way many companies are taking since the cost of a CFO disappears once the project is over and the ship is back on an even keel. 

Benefits of the Part-Time CFO

The benefits of having a part-time CFO are many but mainly you get access to a highly qualified finance individual as and when a business requires and also allows them to manage their costs and not employ a full-time CFO. 

Part of your Team 

Over time, we create personal relationships with your team and other business partners to become the individual you can trust with your business’s financial success. 

On the Front Line

We become a physical presence within your business and gain a complete understanding of your business needs and goals. 

Follow Through 

We follow through with our solutions. First by developing an agreed-upon plan and then putting it in motion, we deal with any hurdles during the execution. 

Increase your Profitability 

Life board CFO bridges the gap between the Owner/CEO and finance and accounting staff. We work with the client team to improve important functions, including financial reporting, budgeting, projecting, and improving cash flow, performing due diligence procedures, developing business plans, and preparing companies for sale. In short, we help create value. 

Small and medium-sized companies are the driving force in the economy today. Life board CFO recognizes that most owners and CEOs need higher-level financial guidance than they currently receive, but may not need a full-time CFO or have the wherewithal to pay a full-time CFO. 

We proudly serve over thirty local companies and offer a wide range of capabilities to our valued clients. Contact us today to learn more. 

Start-ups 

Many critical decisions need to be made, compliance procedures and controls to be created upfront, and effective cash management to ensure that the entrepreneurs can focus on the business and the ship does not get stuck in shallow waters while leaving the shores. 

Here’s what you get with our Part-Time CFO services… 

• More time to focus on new services, new customers, and other core business issues. 
• Better understanding of the financial side of your business. So you have fewer surprises and more control over the money. 
• Improved decision-making capabilities by clearly seeing the hard and true numbers of your business. 
• A readily available sounding board to help you with those tough business decisions and help you clarify your business plans. 
• The comfort of knowing that a professional is overseeing, protecting, and constantly improving the financial side of your business. 
• A professional who establishes strong financial controls in your business to reduce employee theft and increase profits. 
• Training and managing your accounting staff. 
• Improved quality and timeliness of financial information. 
• Budget preparation and monitoring. 
• Profitability analysis by service or product line. 
• Tax saving strategies. 
• Trend analysis. 
• Assistance in defining long-range plans and the quantification of goals. 
• Cash management. 
• Liaison with bankers, attorneys, vendors, insurance agents, etc. 
• Assistance in obtaining financing from banks, including assistance with negotiations. 
• Review/negotiation of insurance policies. 
• Development of company accounting procedure manuals. 
• Analysis of equipment purchases, expansions, etc. 
• Mergers and acquisitions assistance
• Custom-designed collection policies and procedures