You know, the startup world is crazy, and it was nice to have someone who could keep us grounded and help us think through the financial questions in a clear way. Thanks to CFOshare, now I spend less time building reports and more time working with employees to ensure they are satisfied and advancing in their careers. It's been great having someone who can help us with our financial strategy and do our books.
CFOshare understands our business including the operational side. LJ is a great guy and very trustworthy. It's been so valuable to have someone we can trust and call on for financial and business decisions. There is no way we would have been profitable without the ability to marry data analysis with business intuition. Our industry is hyper-competitive, and having a fractional CFO has given us an indisputable edge!
It is impossible to appreciate the power of professional analytics until you experience it yourself. Given the opportunity, CFOshare will make you believer. CFOshare has repeatedly proven their talent for bringing order to the chaos typical of small business accounting and finance.
CFOshare understands our business including the operational side. LJ is a great guy and very trustworthy. It's been so valuable to have someone we can trust and call on for financial and business decisions. There is no way we would have been profitable without the ability to marry data analysis with business intuition. Our industry is hyper-competitive, and having a fractional CFO has given us an indisputable edge!
It is impossible to appreciate the power of professional analytics until you experience it yourself. Given the opportunity, CFOshare will make you believer. CFOshare has repeatedly proven their talent for bringing order to the chaos typical of small business accounting and finance.
Services
Traditional fractional CFO companies use a pool of 1099 contractors to service new clients.
This creates inconsistent quality between contractors and limits the skillset you can access.
For example, your fractional CFO may be good at accounting but poor at forecasting.
At CFOshare, our team of specialized, full-time W-2 employees work together to deliver superior results to your small business.
That means you can expect industry best-practices from a range of experts whether it be a debt specialist, cost accountant, real estate guru, startup specialist, or pricing strategist.
This creates inconsistent quality between contractors and limits the skillset you can access.
For example, your fractional CFO may be good at accounting but poor at forecasting.
At CFOshare, our team of specialized, full-time W-2 employees work together to deliver superior results to your small business.
That means you can expect industry best-practices from a range of experts whether it be a debt specialist, cost accountant, real estate guru, startup specialist, or pricing strategist.
A fractional CFO is a part time CFO for small companies.
It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time hire.
Thanks to cloud-based bookkeeping, fractional CFOs have recently become accessible to even the smallest companies.
There are many reasons a small business would benefit from professional financial strategy.
There are many more reasons to enlist fractional CFO services, so it's best to discuss with an advisor, your board of directors, or a finance professional.
It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time hire.
Thanks to cloud-based bookkeeping, fractional CFOs have recently become accessible to even the smallest companies.
There are many reasons a small business would benefit from professional financial strategy.
There are many more reasons to enlist fractional CFO services, so it's best to discuss with an advisor, your board of directors, or a finance professional.
Two co-founders of a startup company (names omitted to protect client confidentiality) reached out to CFOshare for advice.
They were ready to raise seed funding, but didn't know how to get started.
Both knew their technology and market inside and out, but had no education in finance.
Tasks like building pro formas, projecting profitability, calculating CAC and LTV metrics, or knowing fair valuation were beyond the free help their advisors offered.
Within 15 days, LJ helped them translate their vision into a financial model: The Believable Pro Forma.
They were ready to raise seed funding, but didn't know how to get started.
Both knew their technology and market inside and out, but had no education in finance.
Tasks like building pro formas, projecting profitability, calculating CAC and LTV metrics, or knowing fair valuation were beyond the free help their advisors offered.
Within 15 days, LJ helped them translate their vision into a financial model: The Believable Pro Forma.
What is a pro forma?
Pro formas are a highly specialized form of a forecast.
Most forecasts are based on historical precedent, but startups have no history thus requiring special assumptions and preparations.
A skilled financial analyst will build defendable pro forma financials despite a lack of history.
You may start with a template and adjust it to fit your business.
Experienced financial analysts can do this successfully, but inexperienced founders often break formulas or use pro forma financial models incorrectly, resulting in major errors.
Pro formas are a highly specialized form of a forecast.
Most forecasts are based on historical precedent, but startups have no history thus requiring special assumptions and preparations.
A skilled financial analyst will build defendable pro forma financials despite a lack of history.
You may start with a template and adjust it to fit your business.
Experienced financial analysts can do this successfully, but inexperienced founders often break formulas or use pro forma financial models incorrectly, resulting in major errors.
A company turnaround consultant corrects business losses, bad debt structures, cash shortfalls, and other factors that have put the business into its cash crisis.
Crisis management is different from normal business management - are you experienced in turnarounds?
A turnaround consultant will prioritize your cash flow management, work with your lenders, and do what is needed to get your business back on track - and poised for new growth.
The early stages of business distress often do not feel like a crisis, but ignoring the symptoms always make the problems compound.
Crisis management is different from normal business management - are you experienced in turnarounds?
A turnaround consultant will prioritize your cash flow management, work with your lenders, and do what is needed to get your business back on track - and poised for new growth.
The early stages of business distress often do not feel like a crisis, but ignoring the symptoms always make the problems compound.
Reviews
Be the first to review CFOshare.
Write a Review
