CFO And Advisory Services For Michigan Businesses
At some point the monthly statements stop being the hard part. The hard part is deciding what to do with them: whether to open the second location, when to buy the equipment, how much cash the slow season really needs, what the business would be worth if a partner wanted out. Those calls deserve more than a gut feeling and a bank balance.
We work on exactly those questions as your outside advisor. Our CFO package puts it on the calendar: an annual goal-setting meeting to set targets that are aggressive but realistic, then a meeting every month to review results against them, update the forecast and agree on next steps. Because we also handle your accounting and financial reporting, the advice starts from closed, reconciled numbers.
We work with owners across Michigan and virtually anywhere in the country. This is always an engaged service from our firm, scoped in writing, never a hire. Cost accounting for businesses with inventory and production runs through all of our work, which is why the industries we know best get particular depth here.
Three Ways We Help With The Bigger Calls
Each is available on its own or alongside a monthly package.
Fractional CFO Services
Senior financial guidance on a schedule, without a senior hire. We meet monthly or at whatever cadence the business needs, read results against your targets, build the forecast forward and work through margins, what you charge, capital needs and the numbers behind the next decision. You get an outside advisor who already knows your books rather than another salary. Here is how our fractional CFO services for Michigan businesses are set up.
Business Financial Planning
Budgets, projections and scenario work that turn last year's numbers into next year's plan. We model what growth, a new location, a key hire or an equipment purchase does to profit and cash before you commit, using your real margins and your real seasons. The result is a plan you check against every month, not a document that gets filed. See how business financial planning works with us.
Business Valuation
A supported view of what your business is worth, built from clean books, for an ownership change, a partner transition, succession planning or a sale on the horizon. We write out the reasoning so you, a partner or a buyer can follow it. When a court, lender or tax filing calls for a formal appraisal, we say so plainly and help coordinate it. More on business valuation in Michigan.
Bigger Questions We Take On At Your Request
Some work sits outside any monthly package. We take it on when you ask, alongside whichever package you are on.
- Cash flow planning and budgeting beyond the day-to-day bills
- Raising capital and keeping investors informed
- Loans and financing from banks and other lenders
- Acting as your liaison with banks, attorneys, vendors and insurance agents
- Merger and acquisition support, and exit strategy for shareholders
- Analysis of equipment purchases and expansions before you sign
What Owners Ask Before Bringing In An Outside Advisor
Do I need a full-time CFO?
Many owner-run businesses do not, at least not yet. What they need is someone reading the numbers with them every month and helping with the few big decisions each year. A fractional arrangement gives you that as an engaged outside service, and the scope can grow as the business does.
What needs to be in place before we start?
Books that close every month. Advice is only as good as the numbers under it, so if the records are behind, we catch them up first. On the CFO package your own staff keeps the day-to-day entries in QuickBooks Online, while we handle the monthly review, the close and the meetings.
Can you help with a bank loan or an investor conversation?
Yes, at your request. We prepare the statements, projections and explanations a lender or investor will ask for, and we can act as your liaison with the bank, your attorney or your insurance agent, so the numbers are explained by someone who knows them well.
Bring Us The Decision You Are Weighing
A hire, a loan, an expansion or an exit: tell us what is on the table. We will tell you what numbers it needs and how we can help.