The Data CFO

The Data CFO's results driven and profit focused solutions work with small and mid-size businesses to address their needs for long term success. The financial and organizational analysis efforts are designed to give confidence to business owners by addressing areas of concerns at a fraction of the full time CFO cost. 

Solutions

Business Report Card

A program that provides a business with a Business Report Card showing key vital business metrics, comparison to other companies in your industry, key risk areas and a DIY, “do-it-yourself”, plan to increase profits.   


Price:  

$995.00 



Profits Health Check

A results driven program that a business can install to increase their bottom line for the long term.  It starts with our Business Report Card but the Profits Health Check program is enhanced to include more robust planning, implementation, training, monthly review meetings, monitoring and tweaking of the plan based on changes in the business or business environment and an annual review and year 2 plan.  


Price:  

$3,500 setup + $1,500 monthly

Fractional CFO Services

All businesses, regardless of size, need someone to perform the activities of a CFO.  The Data CFO's Fractional CFO Services are designed to provide a customized set of CFO activities at a fraction of the full time CFO cost. 


Price:  

Customized Monthly Retainer

Profit Solutions

Profits are the most important and versatile tool for a business.  They are used to build wealth for business owners, improve quality of life for employees and create additional value in the business.  


01 Business Report Card – A program that provides a business with a Business Report Card showing key vital business metrics, comparison to other companies in your industry, key risk areas and a DIY, “do-it-yourself”, plan to increase profits.  


The ratio and measure categories included in the report card are :

  • Liquidity Ratios
  • Coverage Ratios
  • Leverage Ratios
  • Operating Ratios
  • Expense to Sales Ratios
  • Cash Flow Measures
  • Change in Position Measures


02 Profits Health Check – A results driven program that a business can install to increase their bottom line for the long term.  It starts with our Business Health Check but the Driving Profits program is enhanced to include more robust planning, implementation, training, monthly review meetings, monitoring and tweaking of the plan based on changes in the business or business environment and an annual review and year 2 plan.  
 

Fractional CFO Services

A CFO is the Chief Financial Officer of a company. The profile of the role has expanded over the years. The role started as a financial engineer whose primary responsibility is accounting and accounting controls. The new CFO profile is one of a “strategic, operationally oriented finance executive who can serve as the business partner to the CEO”.

​All businesses, regardless of size, need someone to perform the activities of a CFO. Large corporations have the ability to hire a CFO and pay them a 6-figure salary. However, small and mid-size businesses typically don’t have the financial ability to tie that much money into the role so they split the duties between the overworked CEO and the tactically focused staff accountant or even worse they just go without.
 


CFO Areas of Focus

Planning


  •  Assist CEO in formulating the company's future path 
  • Manage execution of strategic business plans
  • Manage execution of supporting tactical initiatives
  • Manage capital resources (budgeting process)
  • Develop KPI's to monitor the company's strategic direction


Operations

  • Participate in key decisions as a member of the executive management team
  • Manage the accounting and human resources departments
  • Oversee the company’s transaction processing systems
  • Implement operational best practices
  • Implement cost cutting opportunities
  • Supervise acquisition due diligence and negotiate acquisitions


Financial Information

  • Oversee the development of Financial and Managerial Reports
  • Report financial results to the CEO and/or the Board of Directors


Funding

  • Manage cash flow forecast and cash balances
  • Arrange for debt and equity financing
  • Support funding efforts