FITPRO CFO - Our Fractional CFO Services

What is a Fractional CFO?

A fractional CFO is an experienced Chief Financial Officer that provides businesses with financial guidance in strategic planning, budgeting, forecasting, and other financial-related insights.

This type of outsourcing allows companies to leverage the expertise of a CFO without having to pay for full-time employment. The fractional CFO will evaluate a business's current financial landscape and chart out priorities for long-term fiscal success.

Companies hire fractional CFOs when they need help developing, organizing, and monitoring their short and long-term goals practically.

With fractional CFOs helping implement better strategies and plans tailored to each company's unique situation, organizations have a better chance of achieving their financial objectives.

How Can a Fractional CFO Benefit My Business?

Navigating an audit or any other financial facets of running a business can be a daunting task that can quickly become overwhelming. That's why you need to hire a full-time/part-time CFO to develop a proper financial strategy for your organization.

By hiring a fractional CFO, you're investing in the expertise and knowledge of a professional without having to hire a full-time employee - making it cost-effective.

Your organization will still benefit from the services of a CFO - such as managing cash flow, helping with strategic decisions, equity funding, raising capital, and providing management advice - but in a part-time capacity.

While you may miss out on some of the soft skills that may come with a full-time hire, by bringing on board a fractional CFO, your business could experience tremendous gains in its day-to-day operations, leading to higher profits and success.

What Darby Business Advisors Can Do For Your Business

Review Financial Statements

When it comes to managing your business's finances, hiring Darby Business Advisors as your fractional CFO on a part-time/full-time basis could make all the difference.

A good CFO can offer valuable insights that can help you understand where your business stands financially and what areas may require more attention or investment. In addition, they have the experience and knowledge to provide objective reviews and audits of existing financial statements. Through these audits, they can develop forecasts to ensure your financial decisions are well thought out.

With access to a fractional CFO part-time, you can gain more confidence in your financial situation. In all cases, a fractional CFO will provide reports so that you can better understand your overall financial picture.

Budgeting

Darby Business Advisors provides fractional CFO services to business owners who need assistance creating a budget.

Fractional CFOs are experienced financial professionals who can advise you on developing a sound budget for your business's short-term and long-term success. These financial experts understand the nuances of effective budgeting. So bringing them on board to help create a budget can give you peace of mind that it is created accurately and considers all potential impact areas.

Pat Darby is an experienced fractional CFO that can provide direction and ensure your budgetary goals are realistically achievable.

Profit Forecasting

Darby Business Advisors offers fractional CFO services to online fitness entrepreneurs who cannot afford full-time CFO.

Whether you need a temporary solution during times of high growth, or a more permanent one, Darby's fractional CFO will provide you with the financial professionals' expertise that you need to optimize your profits and maximize forecasting accuracy.

You will have the support of Darby's senior-level financial advisors and analysts working alongside you. They will provide critical insight into your current financial state, its potential for growth, and strategies for optimizing profits.

Darby's team of experienced financial experts have the tools and knowledge needed to help any business achieve its profit forecasting goals.

Cash Flow Forecasting

Darby Business Advisors can help businesses understand cash flow forecasting and make better decisions for the future of their business.

As part of Darby's services, our fractional CFO evaluates the data from past financial transactions and creates reports to guide you in making intelligent decisions about your projected cash flows. In addition, they use analytics to update forecasts as needed throughout the financial quarter and predict potential outcomes for each scenario. This allows businesses to assess risk and take proactive, strategic steps when necessary to mitigate potential losses or maximize potential gains.

Pat Darby is dedicated to helping clients manage their finances better so that they can focus on running a successful business.