Complete CFO:
Get a CFO without the risk of hiring a new employee.
The Challenges of Running a Small Business
Often our clients leave jobs where they feel trapped and unfulfilled to start their own law firms, enticed by the promise of freedom and prosperity. Yet once they become business owners, they face a new host of challenges they didn’t anticipate such as cash flow problems, profitability pitfalls, payroll stresses, credit card debt, and tax issues.
Even if everything looks great on the outside, and despite sometimes impressive top line revenues, many attorneys feel they are barely getting by or are a few bad months away from going out of business. They feel worried and overwhelmed.
The pressure to keep up appearances and maintain a charade of success is daunting — especially when they have to hide their situation from their team, friends, and family.
They feel stuck. Many make it to a certain level and can’t figure out how to get to the next one. Others had fast growth in the past yet their firms imploded. Many are weary of the dangers and risks.
Does any of this sound familiar?
Since attorneys are experts in their field, it is hard for them to admit it when they don’t know something. You show a confident face to the world, but inside may feel isolated, lost, and scared.
An outside CFO can look at your businesses objectively and give you the right financial insight and strategies to become more efficient. When our clients get our support, their profitability skyrockets. The vision they had when they started their firm unfolds before them. And they notice that their lives are calmer and more predictable.
Is the Complete CFO right for me?
This program is designed for firms with revenue of $500,000+ a year that is looking to grow.
Through scheduled calls, your CFO analyzes your business, educates you and your team, and helps implement change to improve profitability.
The Complete CFO is designed for attorneys who have little to no background in business or finance. Our CFOs provide the financial insight and acumen to set up the systems and structures to ensure the firm is profitable and sustainable.
We love service based businesses, but especially lawyers. We get them, we get their business, and we make them more profitable.
And because we are (basically) part-time, we do all of this at a very efficient price point.
The Complete CFO is perfect for the lawyer
who wants to:
Put more money in their pocket
Grow their business responsibly
Take the guessing out of their business
Feel more confident in forecasting your business and stop the month-to-month scramble
Have a financial Sherpa by their side
The Complete CFO is perfect for the lawyer
who is:
Seeking less drama in their firm
Ready to make big changes to see big results
Willing to try out of the box ideas
Taking responsibility for the results of their firm
Ready to live a more profitable life
Interested in how we can help you?
Yes, I would like to speak to someone about the Complete CFO service!
Frequently Asked Questions:
Can I afford this?
Many are delighted to find that a CFO for their law firm is an option! When most people hear CFO they think only large corporate businesses can afford CFOs. However, by spreading the cost of one CFO over multiple law firms we are able to offer our expertise at a fraction of the cost of hiring a full-time employee. In addition, we charge on a flat fee basis so there are never any surprise bills.
Who do you work with from my firm?
We work with any team member, associate, or vendor that is involved in helping with your financials. Common people we work with are: office managers, bookkeepers, tax professionals, bankers, retirement professionals, and assistants.
How much access do I have to my CFO?
Apart from your monthly scheduled calls your CFO is available by email as needed. They are always there to help if you are seeking guidance or an emergency arises.