As Your CFO

Prepare Financial Statements

It is critically important that small businesses understand and use financial statements. While most businesses do create financial statements in order to prepare tax returns or to file loan applications, the real benefit financial statements can provide is that they can help you run your business better. Preparing financial statements that are useful to your management team is one of the key CFO PSJ provides.

Assist with Forecasting

More important than understanding how your business has performed in the past is having a firm grasp on how your business is likely to perform in the future. In fact, the main reason to think about what has happened in the past is to gain insights as to what is likely to happen going forward. As your part-time CFO, PSJ will assist you with forecasting both revenues and expenses. We could not claim to be providing CFO Services if we didn’t.

Develop and Analyze Business Plans 

Developing a business plan for even a simple business can be complicated and confusing. However, the success of a new business is often dependent on a good business plan. As your part-time CFO, PSJ can help you develop a realistic, simple, and flexible business plan.

Develop Financial Models

As your part-time CFO, PSJ can help you develop a comprehensive financial model that will help you evaluate different scenarios, present your business to others, and better manage your business. As every business is different, we custom build all financial models for our clients.

Client Analysis Reports

Most companies know who their biggest clients are. What is more important, however, is knowing who your most profitable clients are. Therefore, one of the CFO Services we provide is creating reports that make it easy for you to analyze your clients. Of course, in order to create a report with useful information, it is necessary that processes are in place to make sure this useful information is available. To this end, much of the initial work we do with our customers is helping them to set up systems that make it easy to gather relevant information. And don’t worry: this does not mean more work. Efficient systems mean less total work.

Analysis of Major Expenses

As important as knowing where your cash is coming from is knowing where your cash is going to. It is especially important to understand exactly how specific expenses are contributing to the overall profitability of the company. One of the CFO Services PSJ provides is helping you to understand your expenses and to figure out which expenses should be most closely monitored.

Budgeting Reports

Budgeting can be one of the most difficult tasks your management team has to perform. Unfortunately, it also one of the most important. Inaccurate budgeting can lead to harmful decisions and even the demise of your company. It is impossible to provide CFO Services without addressing budgeting, and so we work with all of our clients to make sure they are considering all the possibilities that can effect both revenue and expenses, and that they are budgeting accordingly.

Cash Flow Reports

Cash is king. Knowing how much you have, how much you need, what to do with excess cash, and what you will do if your cash runs out is essential. A key part of CFO Services is assisting clients with managing cash effectively.

Manage Accounts Receivable and Accounts Payable

Every successful business collects revenue and pays bills. Doing so efficiently and in a manner that makes it easy to analyze your business will separate you from your competitors. Managing accounts receivable and accounts payable is where finance starts, and so one of the most important CFO Services PSJ provides is making sure our clients are performing these tasks efficiently and effectively.

Prepare Presentations for Shareholders, Management, and Company-wide Meetings

Different stakeholders in an organization require different information and, as your part-time CFO, we work with you to create custom reports for different purposes.

Analyze Business Opportunities 

Analyzing business opportunities is different than most of the other CFO Services described here in that it is not an ongoing requirement for most companies. Because it is not something they are familiar with, companies often seek outside assistance when analyzing new opportunities. Whether or not you are an existing client of PSJ, we can assist you with analyzing and evaluating the risks and benefits associated with new business opportunities.


PSJ provides bookkeeping services to some of our clients. Others handle their bookkeeping internally.