Outsource Part-Time CFO Services
Call Us: 561-347-8586

CFO Services

BFS Outsource CFO Services Value Proposition
$324,000 Annualized Savings

We are passionate about working with leaders who want to grow their organizations and business owners who want to take their company from good to great!

Distribution

The company had been operating for approximately 20 years, had built a great brand name and created a segment within the industry. The company has good relationship with their lender, most of their suppliers and their staff.

The company has experienced a 60% drop in revenue from the peak of 2006. This decline was due to the economic conditions, specifically the real estate industry.

During 2009, the company lost their CFO to a tragedy and needed assistance in completing their budget/forecast and overall financial and business strategies. Throughout 2009, the company had made certain cost reductions to maintain profitability, yet was still not cash flow positive. BFS was retained as an part-time outsourced CFO. We were able to facilitate additional cost reductions to bring the company cash flow positive and created immediate cost reductions initially of $17,000 and additional strategies that will reduce the monthly operating costs of $10,000 – annualized this amounted to $324,000 of savings.

Contact

Mail: 6018 Buena Vista Court
Boca Raton, FL 33433
Call us: Office - 561-347-8586
Email us: service@barbarfinancial.com

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