CFO Business Solutions

Services

Fantastic!—your business is growing at an enviable pace. The only problem is that in order to keep your enterprise moving forward, you find you need levels of financial expertise that can't be supplied in-house, but yet your company is not able to currently justify the cost of a hiring full-time CFO. CFO Business Resources is your solution.

We work closely with your in-house personnel and established accounting processes so you can take your mind off worrying about the financials and concentrate on maintaining your company's momentum and business goals.

A company, particularly one that is growing or maturing, can gain access to higher-level financial talent without the associated full-time costs by hiring a temporary Chief Financial Officer. By outsourcing CFO services, a company gains:

  • A cost-effective solution when the cost of a full-time CFO is not justified
  • The ability to allocate a portion of budget amounts to senior level CFO talent and the remainder of the resources for the day-to-day accounting functions
  • The benefits of the combined intellectual capital of the outsourced CFO's firm
  • The focused efforts of a CFO who is not distracted by day-to-day accounting tasks

A CFO is a forward-thinking professional whose responsibilities include leading the accounting department and providing oversight in the preparation of historical information. They also provide insight for interpreting historical information to better plan for future profitability. CFO level responsibilities include:

  • Cash Management
  • Internal Financial Statements
  • Budgeting and Forecasting
  • Audit Preparation and Support
  • External Reporting and Financial Disclosures
  • Product Line Profitability
  • Internal Financial Systems Controls - Review and Implementation
  • Financial Department Training and Mentoring
  • Strategic Financial Business Planning
  • Business Procedures and Policies Efficiency Analysis
  • Lender Relations
  • Due Diligence
Leslie H. Fox, MBA  •  5400 East River Road, Grand Island, NY 14072  •  (716) 867-7162  •  lfox@cfobr.com