Fractional CFO

Fractional CFO - List of possible areas to help

Forward-Facing Financial Visibility

• Triangulating the different ways we forecast bookings and cash
• Measuring assumptions in our growth model on an ongoing basis (including customer retention and customer lifetime value)
• Help build an on-going cash-flow analysis
• Advise on how much capital to keep in our business
• Evaluate and advise on the impact of long-range planning and the introduction of new programs/strategies
• Help evaluating strategies to optimize valuation and liquidity
• Support investor outreach and investor relationships

Help Manage Growth

• Implement systems that will support sustainable growth
• Improve visibility and analytical capabilities to convert large amounts of data into actionable information
• Help create an organizational roadmap for finance 
• Help with potential financing strategies for the business (receivables financing, equity financing)
  
  

Operational Goals

• Provide input on the company’s business plan
• Provide input on financial and tax strategies
• Provide input on our company’s business structure (LLC vs Corp, franchise expansions, possible subsidiaries)
  • Canada
  • Europe
• Assist on the oversight of implementation of any new financial systems/reporting
• Advise on different compensation models (W2 vs. 1099, fixed vs. highly variable) for our delivery teams
• Provide recommendations for process improvements and/or accounting systems
  
  

Improve Financial Reporting

• Benchmarking our business (and help to make sure our Chart of Accounts is organized in a way to easily support this)
• Assist in presenting the (consolidated) financials of our business in an understandable (and positive) light to investors (external reporting)
• Improve reporting and accounting setup (internal)
• Advise on appropriate metrics that a business like ours should be tracking

Human Resource/Departmental

• Advise Director of Finance on ways to improve the finance organization internally
• Advise on areas risk for compliance (now and future thinking)
• Review/advise on existing policies and procedures
• Assist/Advise on registration in multiple states

Investor Relationships

• Help with potential financing strategies for the business (receivables financing, equity financing etc.)
• Evaluate best strategy to maximize valuation and to create opportunities for shareholder liquidity
• Support investor outreach and investor relationships

M&A

• Helping to evaluate potential acquisition targets (WbD doing an acquisition or aqui-hire of a third party firm)
• Helping to structure any acquisitions or acqui-hire deals 
• Work with legal and tax firms to structure any deals