Why use a fractional CFO?

A CFO is responsible for overseeing a company’s financial activities and financial operations. This includes helping your business address short-term needs and day-to-day analysis, such as establishing performance measures and understanding the drivers of cash flow; as well as long-term needs, such as assessing financial risks and modeling opportunities. In many respects, your CFO helps in “raising the financial bar.”
Does your company need help raising the financial bar, bridging the talent gap to profitable growth or optimizing your organization’s value?

A successful business owner knows the strengths of their management team and where they need assistance. If the answer is YES to one or more of these questions, CenterPoint CFO can help. Let’s have a conversation.

 

  • Have you been unable to focus the majority of your effort as Owner/CEO on growing the business as opposed to managing the day-to-day financial activities?
  • Are cash flow challenges jeopardizing your business?
  • Do you feel that your business may have outgrown the talents of your existing accounting department, but fear you can’t afford to upgrade?
  • Are you considering a capital raise (debt or equity) or a possible sale of the business and need to enhance the financial capabilities of your company?
  • Have you or your outside stakeholders lost confidence in your financial information (bankers, investors, auditors, etc.)?
  • Are you contemplating a significant strategic move but are unsure of the financial implications?
  • Are you unsure as to which products, business lines or projects are most or least profitable?
  • Is your free cash flow and operating profit decreasing as sales increase? Are you uncertain as to how to address that?
  • Are you often frustrated by the lack of accurate and timely financial information detailing the operating results of your company?
  • Are you losing confidence that your company will be able to provide the financial security you had intended?

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