Choose Fractional CFO Services From CFO Simplified Chicago

According to the Wall Street Journal, 60-80% of business owners don’t know what their financial statements are telling them. I know what you’re thinking. “That’s not me.”

Well, prove it to yourself. Take our 1-minute quiz.

Why Choose Fractional CFO Services From CFO Simplified?

Focus

You need a fresh view of how your business operates. Our CFO services use experience and creativity to show you how to do things easier, faster, more efficiently. This knowledge helps drive greater efficiency into your business and ultimately achieve greater profitability.

Experience

Our CFO’s experience within a broad range of industries has prepared us to help you reach your next performance peak. The breadth of our experience, cross industry and in different settings, allows us to gather the specific tools needed to help you grow your business.

Approach

We are analytical, therefore, the numbers will tell our CFOs the story. We make sure that you not only see the right numbers for your business, but understand what those numbers say about how your business operates, and additionally, how you can effect changes that improve your bottom line.

Method

Since we believe that everything flows down to the financials, therefore, we open discussions with employees at all levels in your company. Many times, it is the line employee that knows best what incremental changes will improve work flow or reduce waste. Continuous Improvement is the key.

Results

Whether it is cash flow improvement, greater profitability, a stronger balance sheet, or a better understanding of how your company operates, we have the experience, knowledge, and creative approach to get your company to the next level. Our CFO services can help you surmount any new obstacles you may be facing.

Meet Our CFOs

For more details on each team member …

How Our Fractional CFO Services Work

CFO Simplified offers the same senior level advice to small to mid-sized businesses that big companies get with a full-time CFO, but at a much lower cost. We provide the financial information and strategic guidance you need to make the right decisions.

Our CFOs Process:

1. Deep Dive Analysis:

CFO Simplified performs a one-to-two day Health Check for your company. Included: An analysis of your company’s Financial Reporting, Month-End Close process, Operational Review, Workflow Analysis, AP and AR, Cash Flow Evaluation and Banking Relationship and much more. Plus, we interview your top management. The result – a written report with recommendations.

2. Review of Deep Dive:

We review with you the Good, the Bad and the Ugly. What are the things that you’re doing well, what are the things that you should look at changing over time, and what are the changes you should make right now, because they are putting your company at risk? This is a one to two hour meeting with you and your team to discuss our findings.

3. Execution Plan:

We propose a Plan to address the priorities we’ve identified. We tell you how much time it will take to bring those elements of your company’s operations to best practices. We identify how your staff will be involved in the process, and the financial impact of the implementation.

4. Ongoing CFO support:

Now that we know your company, we can identify how much time we feel it would take to provide you with ongoing CFO support. This includes dashboards, cash flow forecasting, trend analysis, customized KPIs.

What Clients Are Saying
About Our Fractional CFO Services...

I have worked with Larry on a number of different projects and transactions over a six year period. Larry is very responsive and is extremely easy to work with on collaborative projects. Larry possesses strong analytical and communication skills. I greatly enjoyed working with Larry and hope to do so again in the future.

Dave Diehl, CEO

Prairie Capital Advisors

I highly recommend Larry. He is a professional, hard working individual. We have done business together for over 20+ years.

Ilya Stolyar, CEO

International Computer Concepts, Inc

I have had the pleasure of working with Larry Chester and his team on a number of difficult projects for my company. Larry has passion, patience and understanding while assisting us in moving our business forward. He always brought a professional approach to every situation and yet understood our thinking and helped guide us to “our” decision. I will always reach out to Larry and his team on any future opportunities.

Jim Cashmore

ISK Industries

Larry came to us at a time of extreme stress, when we were short of the working capital necessary to run the business. He took over as interim CFO, bringing a sense of confidence that we were going to survive. He helped us become a healthy company. I attribute a large part of this to Larry’s practical approach to dealing with banks and attorneys. I would highly recommend Larry to anyone that is dealing with these issues.

Mike Kuhns, CEO

MMG Engineered Components

Larry’s skills as a financial officer are quite unique. His talents extend far beyond simply being able to manage company finances. He is able to lead effectively in all areas of the company from the front office, to the warehouse, to computer operations. This well rounded perspective is extremely valuable. He is a strong believer in using technology to improve the efficiency of an organization. I highly recommend Larry.

Mel Heckman, Owner

S2 Consulting, Inc.

When he first came here, Larry rewrote our financials, adding more detail. For the first time, we are using the financials to identify areas in manufacturing that needed attention. His analysis has helped us highlight areas in the company where we can save money. He continues to provide valuable insight into our business. Plus, Larry is easy to get along with, has a friendly attitude, and works easily with all levels within our company.

Bruce A. Scott, President

Catty Corporation

I found Larry to be a consummate professional in all of his dealings with the bank. I knew I could rely on his financials. Most importantly, I saw Larry as more than a CFO. His responsibilities were not limited to just finance, but included operations, purchasing, and legal matters. He handled each with a diligence and care that made him a valuable asset. I recommend Larry highly, and look forward to working with him again.

Joseph Sheils, Senior Vice President

MB Financial Bank

Larry has the ability to view situations at the macro or micro level. He is adept at strategic planning, cash flow forecasting and business relationships but will not shy away from digging through details to obtain desired information. Larry is easy to work with, communicates well and is experienced in dealing with lenders and other creditors.

Mark Baum, Consultant

Moglia Advisors

Larry and I worked together on a project based in Little Rock, Arkansas. Our analysis included financial and operational procedures. We also operated the company while we marketed it for sale. We were successful in selling the company for a much greater amount than was originally offered. Larry provided good financial insight and was willing to do whatever it took to complete the project on time. He was a pleasure to work with.

Barry Davis, Owner

A Banking Consultant Cubed, Inc.

My company provided computer support services to Larry’s client. Larry came up with the idea of interfacing his client’s two computer systems. Not only did Larry clearly state the objectives for the project, but he also made sure to keep his team involved so that they were a part of the project and its ultimate success. Larry was very easy to work with throughout this project. I would welcome the opportunity to work with him again.

Mike Tamburo, Owner

ConexNet Corporation

Larry’s steady, unwavering approach to resolving difficult issues is always positive, always collaborative and therefore very effective. He will always be at the top of my list when I need Financial expertise to partner with on my projects.

Mallikarjun Balla, Manager

Whittmanhart

Above all, Larry has always been a dynamic and extraordinary manager. His thorough knowledge of finance, technology and international business would make him a valuable member of any management team.

Frank Mahony, Vice President and CIO

Trellis Health Partners

Michael Levin, Owner

Total Insurance Services

I always found Larry to be trustworthy and furthermore, very resourceful on all the projects that we worked together on.

Joseph Marzullo, Owner

Realization Advisors Inc