Imagine running a business that produces from $3-20 million per year in annual revenue, that is optimally profitable, has good cash flow, and is worth millions.
At the same time, imagine enjoying the peace of mind that comes with efficient & effective accounting and financial systems, processes, and strategies working for you.
Accounting and finance are an important part of every growing business.
It goes beyond bookkeeping, filing taxes and being compliant with government regulations. It can and should be a key part of a company’s planning & decision making:
👉 Defining what the organization needs financially to succeed (e.g., cash flows, profitability targets, business valuation),
👉 Ensuring resources (such as time, money, personnel, and equipment) are put in place and used in the most effective way possible,
👉 Understanding and comparing actual financial results to the original plans, and making adjustments.
There is an opportunity for many small to mid-sized businesses to substantially increase their profits, significantly improve their cash flow, and to increase the value of the business – to potential investors AND to those currently operating the business (often including the business owner or CEO).
To do that, they need to elevate their financial management. They need to understand what the results of different decisions will be on their finances so that they can properly balance the needs of the organization against those results, as well as intentionally influence those results.
When should we hire? For what position should we hire? How should we compensate the role? How much will that cost? Will it generate more revenue and/or contribute to the bottom line? When will it do that? How will we know? Should we invest in equipment? What, when, why? How about where should we focus our time and efforts? Where, when, why? And so on...
At some point, as a business grows, spreadsheets, bookkeeping, filing taxes and gut instinct doesn’t cut it.
A growing business needs executive-level financial leadership, expertise, and the financial tools that a CFO (Chief Financial Officer) brings to the table. Unfortunately, most businesses need that before they can afford a full-time CFO.
SOLUTION: A growing business can access a fractional CFO at a fraction of the cost of a full-time CFO, or even a more junior-level on-staff accountant.
The Mastery Fractional CFO team works as an independent 3rd party contractor, and provides the leadership, expertise, and tools (including software for financial planning, budgeting, and forecasting, for example - see pic) that a full-time CFO provides. We work on a month-to-month basis (no long-term contract require), and our clients usually stay with us for years, finding that the return on investment more than justifies the cost.
To find out more, or to discuss how we may be able to fit in and become a part of YOUR company’s solution, contact us: https://www.masteryfcfo.com/contactus
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