Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

CFO On-Demand Presentation

202 views

Published on

The Value and Services provided by CFO On-Demand including:
-Business Plan Development
-Budgeting
-Risk Management
-Exit Strategy
-Preparation of GAAP Financial Statements
-SEC Filings & Private Placement Offerings
-Accounting System Design, Implementation and Reporting
-Assistance with Capital Acquisition
-Merger and Acquisition Services
-Turnarounds and Restructurings

Published in: Business
  • Be the first to comment

CFO On-Demand Presentation

  1. 1. What does a CFO do that a bookkeeper or controller can’t! (or “Don’t bring a knife to a gunfight”)
  2. 2. What is a CFO? • A strategic partner • A trusted confidant • A networking resource • A source of knowledge and experience A CFO does more than maintain the books, prepare your taxes and issue financial statements, a CFO is:
  3. 3. How does a CFO differ from a controller? Most accounting and finance work doesn’t require a CFO. But, for the work that REALLY matters, you cannot and will not get a CFO’s insight and experience from a controller or bookkeeper. CFO CONTROLLER BOOKKEEPER Proactive Reactive Passive Strategic Historical Clerical Organizational Focus Financial Focus Accounting Focus
  4. 4. What about my accountant? Most outside accounting firms focus on: • Tax preparation • Financial Statement Compilation/Attest • Bookkeeping and payroll services
  5. 5. Why do I need a CFO? CFO On-Demand focuses on three critical areas that many companies in their growth stage do not have the resources to address: 1. Strategic Planning 2. Financial Services 3. Transactional Services
  6. 6. 1. Strategic Planning Planning is the foundation of any successful endeavor. CFO On-Demand can assist with: a) Business Plan Development b) Budgeting c) Risk Management d) Exit Strategy
  7. 7. 1. Strategic Planning Planning is the foundation of any successful endeavor. CFO On-Demand can assist with: a) Business Plan Development • Critical for a new business, product line. • Strategic vs.Tactical. • Management tool to measure against actual performance.
  8. 8. 1. Strategic Planning Planning is the foundation of any successful endeavor. CFO On-Demand can assist with: a) Business Plan Development b) Budgeting • Guide and coordinate process with minimal impact to daily operations. • Act as mediator between departments.
  9. 9. 1. Strategic Planning Planning is the foundation of any successful endeavor. CFO On-Demand can assist with: a) Business Plan Development b) Budgeting c) Risk Management • Ongoing evaluation of operational, competitive, market and financial risks.
  10. 10. 1. Strategic Planning Planning is the foundation of any successful endeavor. CFO On-Demand can assist with: a) Business Plan Development b) Budgeting c) Risk Management d) Exit Strategy • Planning maximizes value of the business, family goals, retirement and tax planning.
  11. 11. 2. Financial Services Timely, accurate and credible financial reporting is a prerequisite to managing growth. CFO level knowledge and experience is needed for: a) GAAP Financial Statements b) SEC Filings & Private Placement Offerings c) Accounting System Design, Implementation and Reporting
  12. 12. 2. Financial Services Timely, accurate and credible financial reporting is a prerequisite to managing growth. CFO level knowledge and experience is needed for: a) GAAP Financial Statements • Under GAAP, CPA firms limited as to their involvement in financial statement preparation when giving review or audit opinion. • Audited financials enhance company value and are required by many lenders, investors and acquirers. • Lower audit costs realized when records and statements properly prepared.
  13. 13. 2. Financial Services Timely, accurate and credible financial reporting is a prerequisite to managing growth. CFO level knowledge and experience is needed for: a) GAAP Financial Statements b) SEC Filings & Private Placement Offerings • Research, analysis, coordination and preparation of these documents can interfere with day to day operations. • Rules and requirements constantly changing.
  14. 14. 2. Financial Services Timely, accurate and credible financial reporting is a prerequisite to managing growth. CFO level knowledge and experience is needed for: a) GAAP Financial Statements b) SEC Filings & Private Placement Offerings c) Accounting System Design, Implementation and Reporting • During the past decade accounting software systems have consolidated and streamlined. • Cloud computing options efficient and inexpensive. • Real time dashboards can improve business performance and profitability.
  15. 15. 3. Transactional Services The demands of a sale, merger, acquisition or restructuring inevitably require outside assistance. CFO On-Demand can assist with: a) CapitalAcquisition b) Merger and Acquisition Services c)Turnarounds and Restructurings
  16. 16. 3. Transactional Services The demands of a sale, merger, acquisition or restructuring inevitably require outside assistance. CFO On-Demand can assist with: a) Capital Acquisition • Requires a complex analysis of both the company’s financial position, ability to attract investors and ownership’s appetite for risk. • Debt versus equity, pricing, structure, term, security and more all have significant impact on the company, its business plan and its valuation.
  17. 17. 3. Transactional Services The demands of a sale, merger, acquisition or restructuring inevitably require outside assistance. CFO On-Demand can assist with: a) Capital Acquisition b) Merger and Acquisition Services • Target company evaluation, financial due diligence, operational due diligence, systems integration, HR integration, employee communications, financing, tax implications, valuation and pro-forma statements preparation.
  18. 18. 3. Transactional Services The demands of a sale, merger, acquisition or restructuring inevitably require outside assistance. CFO On-Demand can assist with: a) Capital Acquisition b) Merger and Acquisition Services c)Turnarounds and Restructurings • A fresh perspective which can often be the difference between whether a company survives or ceases to exist. • Assistance with cash flow forecasts, loan covenant waivers, expense reduction plans, bankruptcy filings and more.
  19. 19. Where does CFO On-Demand add value? Public and privately held companies in their start- up, growth or restructuring stages. • Companies with revenues between $5 and $50 million • Start-ups in their development stages • Companies contemplating major transactions • Companies needing turnaround assistance • Example: A $5.0 million revenue company, a 1% improvement in expenses and 1% improvement in asset utilization equals cash flow from $100K to $200K per year.
  20. 20. Mitchell B. Rubin, CPA • Over 30 years experience as a CPA/CFO. • Specialized in start-ups and entrepreneurial companies. • Successfully completed reverse merger and NASDAQCapital Markets listing. • Successfully completed over $150 million in debt and equity financings.
  21. 21. ThankYou! Phone: (215) 764-6211, Web: www.CFOOn-Demand.com Email: mrubin@CFOOn-Demand.com

×