The first thing you can expect from a fractional CFO is an a…
The first thing you can expect from a fractional CFO is an assessment of what shape your business is in right now. Sapere Solutions will carefully comb through all past and current performance, using metrics like year over year growth, ad spend percentage, and post advertising gross. We will give you as a business owner a solid starting point from which to measure future performance. We will then analyze the data in the context of their significant industry knowledge. Without something to compare them to, these numbers don’t mean much. Your assigned Fractional CFO will be able to advise you on whether any changes you see month-to-month are normal, unusually good, or cause for concern in light of the industry as a whole.
An important part of the CFO-business owner relationship is understanding all the financial goals of the owner and creating a plan of action for those goals.
Sapere Solutions will work with you to determine whether your goals are realistic for the timeline you’ve set and how to break them down into actionable steps. Together, we will identify your business KPI’s so that your operations team can put into place plans to point your business in the right direction. These could be things like setting a limit on your monthly ad spending, sourcing your product from a new vendor, or hiring an outsourced firm to do your accounting.
Once you’ve got a solid set of goals in place, you’ll be able to check in on an ongoing basis with your CFO, and they will analyze your business’s performance in relation to your goals.
