Part-Time CFO
Often a business reaches a point where it would greatly benefit from a CFO yet the need for a full time CFO is unnecessary. Additionally, as a business grows it becomes harder to reach the level where the business can afford a salaried CFO without having a CFO. This is where Ryan Jarus, CPA can offer a highly valuable solution. Ryan has served at the executive level for multiple manufacturing companies. He has the experienced needed and can be brought in as a part-time CFO at a sensible cost. This affords the client the ability to grow with a part-time CFO until a full-time position can be afforded. It’s the best of both worlds: CFO level advice and advisory services without the additional fixed overhead. Ryan can also assist with the search for a full time CFO search when the time comes to bring on a full time executive.
Cash Flow Analysis
One of the most challenging tasks of small business owners is managing their cash balances. We can help you get the right tools in place so you can stay on top of your cash. Whether it’s setting up the right reporting, creating forecasts, or preparing a loan package for your local bank, we can help you keep your cash flowing.
Establishment of Internal Controls
Small business accounting functions often lack the internal controls and procedures to help prevent fraud, theft, and other risks to your hard-earned assets. That means your business assets, from cash to inventory to receivables, could be at greater risk of being mis-handled.
We can review the duties of each bookkeeper and make suggestions to procedure changes that will lower your risk and help you better protect your business assets.
Profitability Analysis
Do you wonder which product or service line is the most profitable for you? We can perform an analysis of profitability by location, product, employee, or whatever grouping is meaningful for you. This information will help you make better decisions about your revenue mix and make your business more profitable in the long term.
Planning and Budgeting
Do you know exactly what you want your business to look like in three to five years, but are not sure how to get there? We can help you make sense of the financial piece of planning so you can achieve your dreams.
In the short term, we can also help you create a budget for your business so you can control expenses and see where you stand relative to your goals.
Staff Training
If you don’t have the time or expertise to train your bookkeeping or accounting staff, we can provide the training they need to become proficient in their accounting duties.
Sounding Board
It can be difficult to find good advice when you are in business for yourself. Friends and spouses who are not self-employed don’t often understand the decisions we make. As a fellow small business owner, we can act as a sounding board for your business ideas.
i. Strategy
financial vision and outlook
creating financial structure around business operations
ii. Setting up Key performance metrics
iii. Lines of credit
real estate finance
iv. Actions to increase enterprise value
v. Succession planning