Outsourced CFO Services
Every company
NEEDS A CHIEF FINANCIAL OFFICER
A Chief Financial Officer or CFO is a role needed in every company, no matter how large or small. However, most independent foodservice and hospitality businesses can’t justify a full-time CFO’s salary. We partner with you to provide the services and knowledge of a full-time CFO on a fractional basis. For you, that means the expertise you need, when you need it, affordably. Described below are just a few of the outsourced CFO service benefits you can expect from CFO 1 Source.
EVERY COMPANY
NEEDS A CHIEF FINANCIAL OFFICER
A Chief Financial Officer or CFO is a role needed in every company, no matter how large or small. However, most independent foodservice and hospitality businesses can’t justify a full-time CFO’s salary. We partner with you to provide the services and knowledge of a full-time CFO on a fractional basis. For you, that means the expertise you need, when you need it, affordably. Described below are just a few of the outsourced CFO service benefits you can expect from CFO 1 Source.
OUTSOURCED CFO
ESSENTIAL SERVICES
Key services offered by our outstanding
team of Outsourced CFOs
Outsourced Cfo
essential services
Key services offered by our outstanding team of Outsourced CFOs
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Business Plans
Whether you are starting a new business or growing your existing business, the financial schedules created as part of a business plan can be the difference between the venture’s success or failure. Your CFO 1 Source partner will help you create these schedules and explain them to your team and investment partners.
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Raising Capital
When you need capital, you need a financial partner who can help provide you with the financial schedules you need for investors or bankers. CFO 1 Source will also try to help you connect with the right people to find the capital you need.
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Budgeting
Creating the proper financial strategy for your business is critical to long term success. We will help you forecast your financial needs and develop a roadmap for the future. Your fractional CFO will set up a financial plan and detailed yearly budget that allows you to operate profitably and meet your financial goals.
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Insurance
The proper insurance at the right price can be one of the most valuable protections for a company. Your CFO partner has the experience and connections to help you pick the right plan at the best price to ensure you have peace of mind knowing that you have the coverage you need when you need it. We help our clients review general liability insurance, property insurance, business interruption insurance, liquor liability insurance, cyber insurance and more.