In the world of business most people know what CFO stands for: Chief Financial Officer. It is also a sign of a successful business; a company large enough to require the position of a dedicated financial advisor. A position that is needed, even for smaller business—which may be a surprise to many small to mid-sized companies.What many business owners don’t realize is that they need a CFO, someone to provide valuable (and sound) insight on where to spend money, how to best grow the company, and proper management of inventory, sales, and revenue. And they can do so without needing a full-time CFO. 3 Leaf Financial was founded to provide financial advice and services to the businesses that need it the most—those that don’t always realize how bad they need it. Our CFO services are considered to be ‘fractional CFO services’ in the industry; divided between providing CFO level advice with our CFO Consulting Services and Interim CFO Services.
Understanding Fractional CFO Services
Instead of looking at the CFO consulting expert as one with experience as a Chief Financial Officer consider them instead as a Comprehensive Financial Optimizer.
For the purpose of helping your business grow, let’s break down the meaning of that latest phrase: “Comprehensive Financial Optimizer”. Because this kind of function is what a business owner really needs from an outside expert.
First, let’s look at typical objectives behind starting a small enterprise
Most entrepreneurs started out with a new business to
1) try and keep some of the money they earn,
2) grow the business and produce even more revenue, and
3) eventually make a true impact in their market category, thus establishing longevity to stay in business for the long haul.
Here are some of the core competencies a CFO consulting expert from 3 Leaf Financial have in their repertoire so they can prove valuable to your business
Certainly, this is not a comprehensive list of what our Fractional CFO Consulting services have to offer. There are more tasks, problems to face, procedures to consider, and other financial concerns that we help leaders of a company address. For more detailed information on some of our Fractional CFO services, see below
- Interim CFO Services
- CFO Consulting
- Corporate Restructuring
- Financial Restructuring
- Organizational Restructuring