When your company is looking to take the next step in its growth, a fractional CFO can provide the financial and strategic guidance to achieve your goals.
Manage your capital runway, debt obligations, and ensure the ability to invest in new projects.
Identify opportunities to improve margins through granular analysis of channels, service lines, products, and more.
Prepare your company with defensible financials and a logical strategy before an interested party comes calling.
Plan for the timing, format, and level of funding required to support business operations.
Put systems and controls in place across your business to accelerate growth.
Understand the risks and roadblocks that lay ahead and proactively work to avoid them.
Unlock scalable growth through new business models, channels, verticals, or customer segments.
Understand the opportunities and threats to your business presented by other players in the space.
As a business grows and expands, the cash flow emerges more and more as the lifeblood of the company. To truly manage and plan for cash, a business needs the financial insight of a CFO.
Of course, a quality, seasoned CFO comes with a hefty price tag. How does a business know when the right time to make the move is?
At Paro, we simplify the challenge. We have experienced, on-demand professional CFOs who can be hired part-time or on a project basis to help businesses plan for and execute their growth plans.
If you’ve lived and breathed everything about your business for many years, you know that business better than just about anyone. But being too close to something can disrupt your thinking.
For decision-making and planning, it’s often helpful to bring in someone with an objective point of view who can analyze the numbers and match them up with your thoughts and plans.
A part-time CFO gives you some one who you can lean on for decision-making and planning. Whether you’re planning for a next round of funding, or looking for a game plan for doubling revenue in the next 18 months, a CFO is someone you can brainstorm with before putting those ideas into real numbers and plans.
In a business, your cash is king. If you’re burning cash to build a profit or are operating with tight margins, you need to know exactly how to make sure you have enough runway to keep things operating.
Your part-time CFO can take some pressure off you by either giving you confidence in where the cash position stands or by working with you to get cash flow into a healthier position.
A business growing aimlessly can create a lot of movement and burn through a lot of cash. With the right strategy and focus, you can grow the right way with a healthy bottom line.
When cash is tight, nobody wins. It clouds your decision-making and pulls you away from the things you most need to be focusing on.
When you have fear, tough investment decisions become even more difficult.
When you have fear, you compromise on talent hires.
Businesses need to operate without fear and with freedom and aggressiveness. And in your role as a leader, you need to feel free to play to your strengths and drive the business forward.
When you bring on a part-time CFO, you are also bringing on a trustworthy partner who can give you confidence and peace of mind that the business is on the right track.