
Here are 10 reasons to use a fractional CFO and how it could help you:
Cost-Effectiveness: Hiring a full-time CFO comes with a significant salary, benefits, office space, and other overhead costs. A fractional CFO provides access to top-tier financial expertise at a fraction of the cost, as you only pay for the hours or services you need.
Access to High-Level Expertise: Fractional CFOs are seasoned finance professionals with diverse experience across various industries. They bring a wealth of knowledge, best practices, and strategic insights that might otherwise be inaccessible to smaller businesses.
Strategic Guidance and Insights: Beyond day-to-day accounting, a fractional CFO focuses on strategic financial planning, budgeting, forecasting, and analysis. They can help your business make data-driven decisions, identify growth opportunities, and navigate financial challenges.
Improved Cash Flow Management: Cash flow is critical for any business. A fractional CFO can implement robust cash flow management systems, optimize working capital, and develop strategies to ensure your business has the liquidity it needs to operate and grow.
Enhanced Financial Reporting and Analysis: They can establish clear, accurate, and timely financial reporting systems, providing you with meaningful insights into your company's performance. This supports better decision-making and helps you understand the true financial health of your business.
Scalability and Flexibility: As your business evolves, so do its financial needs. A fractional CFO's services can be scaled up or down based on your current requirements, offering unparalleled flexibility compared to a fixed, full-time hire.
Objective, Unbiased Advice: As an external resource, a fractional CFO can provide objective and unbiased advice, free from internal company politics. This fresh perspective can lead to more innovative solutions and sounder financial strategies.
Support for Fundraising and Investor Relations: For startups and growth companies, a fractional CFO can be invaluable in preparing financial models, investor presentations, and managing relationships with potential investors, increasing your chances of securing funding.
Risk Management and Internal Controls: They can help identify and mitigate financial risks, implement strong internal controls, and ensure compliance with financial regulations, protecting your company's assets and reducing the likelihood of fraud or errors.
Notable Projects
Contract CFO for Adelphia Cable with over $ 4 billion of bank debt, all banks were made whole, coordinated re-audit of results and restoration of financial credibility,
Developed and taught 5 inaugural courses in Business Analytics and Machine Learning with emphasis on case studies at Simon Business School,
Fractional CFO services drawing on 30 years oversight of CFO and IT functions at major corporations with track record of success,
Expert on linking information technology and value creation,
Company sale transactions, restructuring and financings in excess of $20 billion,
Functional responsibility for all functions allowing broad perspective for solving difficult problems
Expert Skill Set
Organization Renewal
Business assessments
Cash flow improvement
Debt restructuring
Bank and creditor management
Interim management
Turnaround planning
Growth strategy enhancements
Organizational design
Process improvement
M&A Transactional Services
Company sale
Acquisitions
Due diligence support
Divestitures
Valuations
Asset sales
Article 9 sale
Corporate Finance
Bank refinancing and line increases
Subordinated debt
Equity (qualified investors)
Business Analytics & IT Security
Data Warehousing
Predictive analytics
IT risk assessment and mitigation
Policy setting and training
Interim Services
CEO, COO, CFO
Chief Restructuring Officer
Fractional CFO
Assurance Services
Reviews and compilations
Forensic and Fraud Audits
Special Scope (Asset Based Lending)
Cyber security audits
Testimonials
“Our sale process was threatened by a significant core software issue which Chris solved and we enjoyed closing on a successful sale”
Kevin Prise, President, Maple Leaf Foods.
”Chris negotiated debt relief with my bank that reduced my liability by 60%, keeping me in business while providing more to the bank than they could otherwise expect in liquidation. 60 jobs were saved and I am eternally grateful”
Elaine LaCorte, President, LaCorte Electric
”Chris is a trusted business advisor that I have used repeatedly over the past 6 years for various growth projects”
Peter Bruckel, President, Bruckel Enterprises
”Chris provided superb advice and negotiated a sale that exceeded my expectations. He did a great job and I can’t thank him enough.”
Tim Sheehy, President, Tipton Mills
Entrepreneurial, thoughtful, passionate, creative, committed to adding value, steadfast in challenging situations, and unimpeachable integrity are just a few of the positive traits that define Chris.
Mark Zupan, President, Alfred University
”Chris gets to the core of issues directly and efficiently. His analysis is focused and deep.”
Kevin J. Phelps, Owner, Trillium Private Equity
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