Services

Many small companies assume that they have the necessary financial and accounting aspects of their business covered if they have a bookkeeper on staff to track where their money is going.

Eventually, however, they get to the point in their growth where they need to do a more professional job of managing their daily finances and of proactively laying out the road ahead.

They realize that they are missing a critical piece of the management team – an experienced senior financial manager.

That’s where I come in. I combine strategic planning with an operating emphasis on cash management, budgeting, cash flow projection and control systems, affordably delivering that rarity among small businesses—the superior financial oversight of a CFO.

My typical engagement includes:

  • Managing receivables and payables so that cash-in matches cash-out.
  • Overseeing the work of the bookkeeping/accounting staff to help produce financial information that leads to better management decisions.  (I do not practice as a CPAs nor do we replace the annual review work of a CPA.)
  • Controlling an organization’s spending by working with the management team to develop budgets and control systems, helping all of the managers to track their progress and manage more effectively.
  • Analyzing product/service costs so management can separate the winners from the losers.
  • Carrying the ball with the bank and other funding sources as well as with the insurance broker, the landlord, the benefits planner – negotiating strongly as a member of the client’s management team.
  • Providing strategic financial input and perspectives for medium- and long-range company planning to help create predictability, stability, and sustained financial resources.
  • Working with senior managers to develop and implement a flexible exit strategy which provides clear direction and accountability.

My average engagement runs for 18-24 months. I am generally able to make a significant positive impact for my clients by working a half a day a week, more or less, on their financially-related issues. My rate is $150 an hour; however, my clients and I usually agree in advance on a “menu” of responsibilities in return for a flat monthly retainer fee.


(Click here to review my standard Letter of Agreement.)