Jan Norton, LLC offers a variety of CFO Services including planning, funding, reporting, problem support and operational analysis, supervision, and governance.
As the Cheshire Cat famously said, “If you don’t know where you are going, any road will get you there.” A business needs to know where it is going and how it plans to get there. Business planning is the process of doing just that. People often confuse the process with the document. It is not useful to have a 30 page document that sits on the shelf (or worse yet buried in the cloud somewhere). The point is to have a plan that everyone has agreed on and to work that plan.
Services include:
- Business Planning
- Budgeting and Forecasting
- Cash Flow Analysis and Planning
Once the business plan and the cash flow plan are complete, it will be obvious when funding is needed and how much will be required. It is often at the point where the funds are required that a company realizes that it needs a financial adviser. As Jan Norton, LLC is active in the local and national early stage funding community, we can provide the contacts to address those needs.
Services include:
- Funding Planning and Support
- Introductions to Bankers and Investors
- Preparation of Pitch Deck and Executive Summary
Reporting helps the business measure its progress. It allows comparison to plan and to prior year to give real insight into the business. It also provides the basis for the contact with other services providers, such as banks, tax planners and preparers, and insurance providers.
Services include:
- Monthly, Quarterly and Annual Management Reporting
- Dashboards
Problem Support and Operational Analysis
Business owners have difficult decisions to make. They will often have questions on the financial impact of those decisions. What are the options? How will they impact my finances? These are questions that your financial adviser can help to answer.
Some of these analyses are:
- Analysis and preparation of compensation packages
- Pricing and Cost of Goods Analysis
Bookkeepers and controllers provide your business valuable services on an ongoing basis. However, they will sometimes have questions about how to record a transaction or a new service or line of products. This is a service that Jan Norton, LLC can provide. In addition, it is always wise to have another experienced financial person to look at the forest and make sure that nothing is being missed in the trees.
Services provided are:
- Supervision of Other Bookkeeping and Financial Personnel
- Support in Working with Your Other Business Partners, such as your Tax Planner and Filing Service and Insurance Agent
Governance sounds like a scary concept to some business owners. However, it is nothing more than having a process to be sure that risks of the business are identified and protections put in place to reduce those risks. We can help you with that.
Services provided are:
- Risk Analysis
- Board of Directors Support
- Governance Support