Integrated Financial Insights
Financial Business Advisor
Too often I’ve observed firsthand the negative results when small and medium sized business owners’ have administrative staff capable of handling the day-today running of the business but don’t have the experience or time to implement those big initiatives, provide “big picture” financial insights, or produce timely and accurate financials. Yet I understand these owners. Who can afford an experienced, full-time CFO and keep them busy at a high level? A temp service seems so….well temporary; never really learning my business.
– Stephen Barczykowski
So, what is a Fractional CFO?
A Fractional CFO is a part-time or temporary CFO for small and medium sized companies. It is a cost-effective way for smaller businesses to obtain high-level professional financial, accounting and strategic advice and assistance in a budget friendly way. Fractional CFO’s will typically focus on a specific area of a business that needs attention but which the current staff doesn’t have the experience or time to tackle. Alternately, a Fractional CFO may have a more ongoing relationship with the CEO, providing ongoing strategic insights and advice.
Many times, one of the first things an owner will say to me is “I don’t know what I don’t know”. As a Fractional CFO it is my job to help the owner understand their business in new ways.
My emphasis is in mentoring and training your current accounting team so that as your business grows your key staff are growing with it.
As a Fractional CFO my ultimate goal is to make your business, the owner and the staff scalable.
Bridging The Gap
Integrated Financial Insights plugs these gaps and more in two ways. We do the actual work needed in the short term to get past the impasse and we work with your current staff to develop the policies and procedures, giving them the tools to move forward. Click to learn more!
“Our Clients Say it Best”
Our organization was experiencing a period of rapid growth. Understaffing and lack of organizational process caused the company to become unmanageable. Steve was recommended to us to clean up our financials and give us a clearer picture of the company performance. In just a few short months Steve was able to help us establish monthly financial reports, break out departmental performances, and identify operational inefficiencies. We are so grateful for our partnership with Steve.
Steve was a former co-worker, and I knew of his abilities. When it was time to sell our business, I needed a seasoned accounting professional to accomplish tasks we couldn’t perform. We turned to Integrated Financial Insights. Steve stepped right in and dealt with the quality of earnings company hired by the buyer, allowing us to run our business. There is no way we could have got the premium we did for our business without Steve’s contributions. His forensic accounting skills gave our financial reporting credibility and gave the buyer the reassurance that they were getting what they were paying for.
Catch Phrase #5: Succession and continuity plans? I’ll worry about that when I need to. CFO’s Response: Then it may be too late. While catch phrases always contain an element of truth; using them as a justification for a business decision can sink a company. Catch...
Catch Phrase #4: Because we have always done it that way! CFO’s Response: Yes, but we need to change to be scalable! While catch phrases always contain an element of truth; using them as a justification for a business decision can sink a company. Catch Phrases and...
Catch Phrases Every Small Company CFO Has Heard (and Uttered) Catch Phrase #3: You can’t sell out of an empty basket! CFO’s Response: We have too much inventory! While catch phrases always contain an element of truth; using them as a justification for a business...
Catch Phrases Every Small Company CFO Has Heard (and Uttered) Catch Phrase #2: We will make it up in volume! CFO’s Response: But the profit margin is too low (or dropping)! While catch phrases always contain an element of truth; using them as a justification for a...
Catch Phrases Every Small Company CFO Has Heard (and Uttered) Catch Phrase #1: We can’t cut that customer off. They are our largest customer! CFO’s Response: We are throwing good money after bad! While catch phrases always contain an element of truth; using them as...
Integrated Financial Insights, LLC
Newark, DE 19711