Skip to main content
CFO News

Do you need a CFO to drive financial performance, but the cost of a CFO is a “deal breaker”?

By November 19, 2018August 7th, 2023No Comments

Is this you? Does your company need a CFO to drive financial performance, but the cost of a full-time CFO is a “deal-breaker”?

A full-time, experienced CFO is a huge asset to a business. And it comes with a huge price tag.

But maybe you don’t need to hire a full-time CFO to get many of the benefits and business solutions this role provides. At New Life CFO, we offer a fractional CFO service. This means you get a seasoned CFO at a fraction of the cost. We deliver a big return on your investment and you’ll quickly see the results.

Here are a few of the many ways our experienced CFOs can help you: 

  • Monitoring your business performance and providing trend analysis and key performance indicators to help your numbers improve
  • Advising you on new opportunities
  • Finessing your banking relationships to optimize your cash flow
  • Understanding where and why your competition is doing better
  • Assist your team in developing strategies to overtake your competitors
  • Helping team members pinpoint their efforts to yield better results
  • Interpreting accounting financials so you can act with confidence

Frustrated CFO

How we help you make a long-term financial impact for a minimal investment: 

We start with a benchmark diagnostic assessment of your business. Then we present you with a three-year comprehensive financial analysis of your performance. We’ll examine your cash flow, balance sheet, profit drivers, and other key metrics. We’ll then compare your situation with that of other companies in similar markets. Once you understand your financial strengths and weaknesses and how you compare to your competitors, you’ll be ready to take the steps in our corrective plan of action.

New Life CFO turns you around and gets you headed in the right direction. But we don’t just leave you there. We’ll still be available to support you as needed. For example, you might benefit from a monthly financial summit with your company’s leadership team. Or perhaps you want to meet one of our experienced CFOs for one-on-one consultations in-person or via phone. We’re also happy to lead meetings with investors, bankers, insurance agents, and benefit brokers doing business with your company.

Our reporting systems and dashboards are easy to understand, timely, and impactful. We’ll provide reports and graphs for 7 key performance indicators: accountability, activity, efficiency, asset usage, liquidity, cash flow, and growth.

We’re confident that we’ll make a big impact on your bottom line, at a fraction of the cost of hiring a full-time CFO. And to show you how we stand behind our services, if you don’t feel that our initial benchmark diagnostic is worthwhile, there’s no obligation to continue.

REQUEST A CONSULT

Ready to get started?

Bring order and stability to your financial infrastructure, harvest cash from your balance sheet, steer your business operations and stage your company for growth. When you partner with New Life CFO, you can leverage the knowledge, insights, and financial acumen of DFW’s most experienced Corporate Financial Officers — at a fraction of the cost of hiring a full-time CFO.

New Life CFO provides outsourced and fractional CFO and Controller services throughout the State of Texas. Proudly serving Addison, Arlington, Austin, Dallas, Denton, Ft Worth, Garland, Grapevine, Houston, Irving, McKinney, Mesquite, Plano, Richardson, Rockwall, Rowlett, San Antonio, and Tyler.

www.newlifecfo.com
New Life CFO — Adding New Life To Your People, Plans, and Profits
(214) 315-2275  |  [email protected]