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Part-Time CFO Service–experienced service, fraction of the cost.

The ultimate purpose of any company’s accounting staff and software is to produce timely and accurate financial information for the business.

For most business owners, the task of reading and analyzing the financial reports falls to them, and often times that job takes a back seat to all the other pressing needs of a growing business! Then, if they are fortunate enough, they reach a point where they need professional financial advice!

However, the cost of hiring a full-time CFO can range to over $100,000 per year, plus bonuses and benefits.

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Give your business an “edge” with T.E.A.M.

Learn more about how our “T.E.A.M.” approach can help your small business.
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AdvantEdge Corporate CFO Services

Our Part-Time CFO service provides you with experienced support, at a small fraction of that cost, yet gives you a professional financial manager who works with you to help guide your business to success.

Our Part-Time CFO services are customized to fit the needs of each client and can include:

CASH MANAGEMENT & FORECASTING

  • Are you able to predict when you will have a surplus of cash that you need to manage or when you will have a shortage of cash and have a proactive plan in place to prevent it ?
  • Cash flow problems can kill businesses that might otherwise thrive and grow.

BUDGETING & EXPENSE CONTROL

  • Does your business have a budget? Do you receive an analysis comparing prior year actual, current year actual, and current year forecast on a regular basis?
  • Implementing a budget and reviewing it periodically is one of the fastest ways to get cash flows under control.

KPI DEVELOPMENT & ANALYSIS

  • Are you maximizing margins? Are revenues analyzed by revenue stream? Are employees being utilized appropriately to maximize profitability?
  • KPIs (or Key Performance Indicators) are different for every business, so the CFO must work with those in operations to develop KPIs applicable to the company and perform the analysis of those KPIs on a regular basis.
  • Working with the owner or managers to make changes in operations that directly improve KPIs can help improve the future value of the company.

CONTINUING ANALYSIS & REVIEW

  • Are you meeting with your financial advisor on a monthly basis to review your management reports?
  • You have a WEALTH of data in your accounting software, just waiting for you to ask for it! Designing custom management reports that will keep you inform and help you make decisions is the only way to stop managing growth by the “seat of the pants”

COMPENSATION PLAN DEVELOPMENT

  • Do you know: When you can hire that next employee? Do you know how much you can afford to pay? Do you know your true costs of your employees including all the burden? Do you know how you must increase sales to increase gross profitability to cover the expense of that employee?
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Get your business accounting on-track.

Give us a call to learn more about how AdvantEdge can help your business.
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