Charles Leikauf explains fractional CFO services for small businesses. If you help a company earn an extra $200,000 a year, charging $5,000 is an obvious decision. He covers budgeting and forecasting to prevent cash-flow and inventory problems.
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If you are a small business owner and I make you an extra, let's call it $200,000 a year, would you be okay paying me just $5,000 for that? It's kind of a good deal. You made $200,000, I made $5,000, right? So you're up $195,000. That's an easy deal to make. As a fractional CFO, it is your responsibility to help small business owners do a couple of things, right? I'm not going to go spend $200,000 in inventory and 6 months later have the bank say, hey, you know what, I'm going to come take your house because you can't afford the inventory. So people have real fear, real problems, real challenges. And if you're able to budget and forecast out how much is coming in every single month and how much is going out, you're going to be able to significantly help them over a period of time. We have tons of trainings called CFO Mastery that we can show you if you ever want to go through any more details. That's what I highly recommend you get into if you need more help doing any of those things. I'm Charles Leikauf. I own Profit Search Group.