What a fractional CFO actually does in month one
Forget the board deck for now. Month one is about trust in the numbers and a 13-week view of cash.
Daniel Kowalski
·
5 min read
Owners hire a fractional CFO expecting strategy on day one. The best ones start somewhere less exciting: making sure the numbers can be trusted.
Week 1: listen and read
Interviews with the owner and team leads, plus a read of the last twelve months of financials. The goal is to find what keeps the owner up at night.
Weeks 2 to 3: build the cash view
A 13-week cash forecast that updates every Monday. It is the single most useful tool a growing company can have.
Week 4: the first real meeting
Three decisions, backed by numbers, and a plan for the next quarter. That is month one done well.
Written by
Daniel Kowalski
Fractional CFO Lead
Keep reading
Cash Flow
The month-end close, explained in nine steps
What actually happens between the last day of the month and the report in your inbox, and why day five is realistic.
·
6 min read
Tax
Five tax credits growing companies leave on the table
The R&D credit is only the start. Four more credits most owners never hear about, and how to know if you qualify.
·
8 min read
Compliance
Sales tax nexus: a plain-English guide for online sellers
Selling into a new state can create a tax obligation you didn't plan for. Here is how to check your exposure.
·
7 min read