CFO Services
CFO services oversee the accounting, reporting, and other financial aspects and business tasks, which will help take your business to the next level.
Gain Control & Reduced Fraud Risk with Third-Party CFO Services
As an owner of a growing business, you may feel the need to expand your management team and your financial processes. When you have a question or concern about your financials or accounting, you want answers and solutions quickly. At Smith Schafer, our priority is delivering peace of mind so you can focus on making your business a success. Smith Schafer experts bring executive-level experience without the commitment of a full-time hire.
Outsourced services save time & money
If you hire an in-house CFO, you will likely pay them a six-figure salary and also have to pay taxes, benefits, and work-related resources. We have professionals who can function as your CFO on an as-needed, part-time, or full-time basis for a fraction of the cost. This allows business owners a cost-effective method to bring a vast and diverse level of experience to their company without the commitment of a full-time hire.
Our CFO Services:
- Solve Complex Business Issues
- Maximize Cashflow
- Tax Saving Strategies
- Budget Creation & Monitoring
- Review Operations & Optimize Profitability
- Provide Deep Financial Experience
- Create & Implement Business Goals
- C-level Expertise to Management Team
- Develop Growth Plans & Exit Strategies
- Liaison with Bankers, Attorneys, Insurance Agents, etc.
Ready to work with a team that looks out for your best interest?
Resources
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The new lease accounting rules will have a big impact on the financial statements of construction companies leasing property, equipment, vehicles and other fixed assets.
Employee Retention Credit FAQs
The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
4 Tips for Business Recordkeeping
Recordkeeping is one of your most important responsibilities as a business owner, and success depends on creating and maintaining an effective system. Recordkeeping systems range from simple folder filing to complex online electronic software.