Charles Leikauf shows fractional CFOs how to build profit for clients through budgeting and forecasting, then take a cut. He walks through creating $200,000 in annual profit for a small business and charging a $5,000 performance fee on top.
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. Now, if you're a fractional CFO, that's called a budget and a forecast. Now, if you're providing a budget and forecast services, that's one of the things that you should be doing that small business owners absolutely need. And if you can do that, you're going to help a small business owner earn significantly more. If you can help them earn significantly more, all you have to do is get a little piece of that for yourself. 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 $5,000 for that, it's kind of a good deal. You made $200, I made $5, right? So you're up $195. That's an easy deal to make.
