"An outsourced CFO can ensure the timely generation of past and forward-looking financial statements. While the company may be focused on the urgent matters of the moment, the CFO is analyzing what has happened in the past and using that information to forecast and make recommendations for the future. As a CPA who works with small companies, I am a big believer in the outsourcing of the CFO function."

- Wyn Knapp, CPA

CFO Services

BBBS, Inc. recognizes that many companies do not need a full-time Chief Financial Officer (CFO). What companies often do is either place the CFO responsibilities with the CEO/Owner or with the most senior finance/accounting executive on staff. The problem with this approach is that the person placed in charge may not have the right skill set or experience to fulfill the role of CFO.

The CFO position is a critical one. A CFO oversees the company’s financial operations and acts as the visionary for financial planning. Having a CFO on staff can turn into a competitive advantage. The strategic insights and recommendations for operational efficiencies that a CFO provides may make a significant contribution to the growth and success of your company.

Qualified financial professionals can be difficult to find. Our CFOs have provided financial leadership to companies of all sizes—from small entrepreneurial businesses to Fortune 500 corporations. We stand ready to deliver the strategic support that your company needs. You pay only for the CFO time that you require.

The CFO Difference

A CFO’s responsibilities include:

  • Building a financial infrastructure that will meet your needs as you grow.
  • Establishing policies and procedures to ensure the accuracy and integrity of your financial data.
  • Developing financial models for forecasting and strategic planning.
  • Generating detailed analysis and reports from financial data that can help you run your business more effectively.
  • Providing guidance on budgeting and planning with a goal of improving profitability and maintaining a healthy cash flow.
  • Working with key executives to establish a vision of where the company can go and how it will get there.
  • Assisting in putting together the financial sections of your business plan.

 

 

BBBS, Inc. - An Accounting and Bookkeeping Company
California: 858.673.1099 | Arizona: 928.329.8000 | Canada: 1.403.370.6737 Canadian Website Click here
bbbs@bbbsinc.com

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