There are many types of CFOs in the marketplace.
What makes the Profitas CFO service unique is we know how small to medium sized business run from the ground up. Our CFO service is an outgrowth of our bookkeeping service. As clients benefit from our monthly bookkeeping service and start to investigate the reports we provide they inevitably ask, "What else can I do with this information?" And the answer is, "A Whole Lot!" Your financial statements are a guide to your company's margins and growth, the two cornerstones of our CFO philosophy. This then leads to more in depth conversations about the following:
Financial Systems Design
Financial Strategy
Budgeting and Forecasting
Some Profitas CFO services include close advisement on:
• Annual Income Statements on a GAAP basis
• Budgets (Monthly estimated P&L) + pipeline supporting estimates if available
• Projected P&L
• Cash flow statements
• Current Balance Sheet
“Profitas’s understanding of the music industry is impressive. They know how to translate complex reports from our distributors so that both we - and our bands - know what the hell is going on with our sales. We thought we were just getting a hired gun but it turns out we got much more. I rely on their guidance whenever difficult decisions need to be made.”