Outsourced CFO Services

When most people begin their journey in small business ownership they are usually focused on one thing - fastest track to profits. Once those profits are achieved and the business has experienced growth; advisory services and strategic planning are needed to support sustainability and risk mitigation.

However most small and mid-market businesses cannot afford to take on the commitment of a CFO commanding a six-figure salary. In the spirit of CAC's love for small business' we asked ourselves "How can we help shorten this knowledge gap and provide the access to a mature business mindset?"

Answer: Outsourced CFO

A small business owner can "rent" a CFO for a few hours or by the project which supports the SMB need for controlling costs and project oversight. 

 

Sample of CFO Responsibilities

  • Overseeing Financial and Accounting functions
  • Providing input on companies overall strategic plan
  • Training staff on accounting best practices
  • Analysis on staff and human capital to support vision. 
  • Establishing strategic plans for growth
  • Developing cash flow improvement programs
  • Working with CPA to minimizing tax liability
  • Evaluating internal controls
  • Producing meaningful financial statements
  • Manage budgeting processes
  • Ensure that record keeping meets regulatory standards
  • Serve as the primary contact between the bank, CEO and CPA. 

Please contact us if you are interested in learning more about our Outsourced CFO Services.