Rent-A-CFO
From start-ups to Fortune 500 companies, all businesses require financial management expertise
to be successful. Many times these tasks get neglected when the owner and other managers are focused on
just running the day to day operations of the organization. How can a start-up or small company afford a full-time
CFO or Controller? This type of employee will cost anywhere from $50,000 to $150,000
per year plus benefits and other costs. There is an alternative. A part-time CFO/Controller can fill this void
in your company and offer you and your organization a number of benefits.
The Competitive Edge of a Part-Time CFO or Controller
- Focus
- Having a part-time CFO on your staff will allow the owners and managers to focus more time on your products and customers.
- Tools for Growth
- Instead of the financial and computer systems management being a hurdle to your business success and growth, allow them to be
tools to help you with the goals you have set for your business.
- Cost Effective
- Less cost than hiring a full-time controller or CFO, we tailor the program to fit your needs and budget.
- Communication
- Improve the relationship with your investors, bank and other financial entities through better communication and more reliable
financial statements.
- Additional Capital
- We can help you acquire financing for additional working capital, equipment acquisition, facility purchases, and business
expansion.
- Professional Expertise
- Brings in outside management expertise to give you a sounding board for daily financial decisions.
- Experience
- Add an experienced voice to weekly strategy sessions and any large business decisions such as geographic expansion, financing,
new product offerings, mergers, and acquisitions.
- Management Oversight
- We can assist you with the hiring and oversight of other management, bookkeeping, and administration personnel.
- Hiring Assistance
- We can assist you in hiring your own controller, CFO, or computer expert when your business has grown to the point
where you need full-time help.
Real Experience
CASE STUDY #1:
A client was attempting to find financing for working capital and expansion needs.
However, they needed better financial reporting, projections, and a solid business plan. Because
of the assistance from the Business Advice Team the company was able to acquire an SBA loan of over
$500,000.
CASE STUDY #2:
Upon seeing a clients books for the first time, a Business Advice Team professional noticed that the
company was overpaying their state taxes and helped them acquire a refund of almost $40,000. He also
helped them lower their payroll taxes by 15%.