What we do
As businesses grow, their financial situations become more complex. CEOs need to have regular access to accurate and up to date financial and operational data to make sound business decisions. Yet, many small and mid-sized businesses do not have room on their payroll to support having a full sized accounting team or a full time CFO to provide this information, and they lack the in-house financial experience they need to make informed strategic, long-term and day-to-day decisions.
Outsourcing these functions is an affordable way to solve the increasingly complex financial and strategic issues a company faces as it grows.
CFO OnSite partners with and mentors growing companies in all aspects of strategic and financial management to help them make the right decisions to ensure the profitability of the business. Our goal is to maximize internal cash flow from operations and we work with each client to adapt and customize our solutions to their specific business needs.
Our ongoing part time CFO services will provide high-level financial analysis and strategic oversight. Another option is to support your existing accounting team, or bring in our own, to provide basic accounting functions to ensure your day to day needs are met. We also help businesses navigate challenging financial periods by consulting with and advising CEO’s on a strategic financial and operational basis.
Our process is simple. We take three simple steps to get started.
1) Free initial consultation
As we've mentioned, each business is unique and has its own set of circumstances that has shaped its current situation. We meet with the business owner for 60 minutes to better understand those circumstances, your current situation, and your goals, so we can start developing a feel for the critical issues and opportunities you are currently dealing with.
2) Free half day Business Health Check
After CFO OnSite has qualified your business as a good fit for our services, we will schedule up to a half day session to start getting into the details of your business. We will talk to the CEO, as well as each of the department heads, about the biggest issues they are facing and what support they need to do their jobs most effectively. We ask open ended as well as specific questions to start digging into the underlying health, risks, and opportunities of your business.
3) Customized Solution
After we've completed the Business Health Check, we prepare and share our findings along with suggestions of how CFO OnSite can best support your success. We will talk to you about how to begin implementing these suggestions, and how to develop a plan to meet your business and personal goals. Together, we will develop a custom schedule of services where we work on site with you and your team to support your financial goals.