Is there someone helping you set sensible financial targets to make your business more profitable?
Do you have a budget that guides your management tea, to operate your business profitably?
Do you have a cash management system that helps you avoid runniung short of cash to pay your bills?
Do your financial statements accurately reflect the activity shown in your point-of-sale system?
Can you tell when your bookkeeper has made mistakes in your financial statements?
CFO Steve will review your last 12 months of operations and generate a forward-looking budget for the next 12 months. These budgets will come with suggestions for operational improvements, Key Performance Indicators (KPIs) for your management team, and profit targets. The budget will be updated quarterly, and each quarter will include a 2-hour budget review call to discuss the operating plans.
Every month, CFO Steve will compare your actual financial results against the budget using a sophisticated model that handles fixed and variable costs differently and let you know exactly where you are achieving your goals or falling behind. Each monthly review will include a 1-hour review call to discuss the operating results.
CFO Steve will review the monthly financials prepared by your bookkeeper and provide feedback on areas of concern. Correct financials are critical to making proper decisions.
Using information provided by your team, CFO Steve will maintain a dashboard of KPIs that your team can use to make your business better every day.
We will work together to develop cash management strategies to ensure that your bills are paid timely while also paying you your profit consistently.
CFO Steve will audit your operational systems monthly to ensure that each system is properly integrated to the other systems in your tech stack.
Find out if your restaurant can be profitable year after year. Get your FREE no-obligation Profit and Loss review today!
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