Hire A Fractional CFO
Transform Your Business With Fractional CFO Services
Hiring a Fractional CFO can significantly bolster the financial management of your company's finances, providing a robust foundation for the expansion and development of your small to medium-sized enterprise (SMBs). The role of a chief financial officer (CFO) is crucial in advancing your business by influencing its financial trajectory and managing the numbers effectively. As your EBITDA increases, the worth of the business rises correspondingly.
For over a decade, The Energy CFO has been supporting energy sector clients in meeting their financial, corporate, and personal business goals by constructing, comprehending, and utilizing financial and business intelligence throughout their organizations.
Who Can Benefit From Our Fractional CFO Services?
Our Fractional CFO Services are crafted to provide comprehensive financial management solutions for private enterprises generating annual revenues ranging from $5 million to $300 million.
We serve businesses involved in the development, engineering, and construction, as well as those that produce, operate, offer services or products, and manufacture equipment to the oil and gas, energy, chemicals, and industrial sectors.
Our services are customized to fit your distinct requirements and are accessible through annual service contracts. Typically, our first year service agreements span 20 to 40 hours a month, although this can vary according to your particular needs and the demands of strategic projects. The value proposition of our Fractional CFO Service is significant—you receive high-level CFO expertise at a fraction of the cost of an equivalent full-time hire.
Go Fractional! Its Worth It For Your Business
Experience The Power Of Fractional CFO Services
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Save Time And Money
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Understand Your Finances
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Budget and Plan Ahead
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Transform Your Business
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Grow Your Company
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Build Leader Confidence
Explore how CFO Outsourcing Services can drive growth for your service company. Get expert financial leadership and strategic insights today.
Hiring A Fractional CFO
When Is The Right Time To Hire A CFO For Your Company?
Determining the optimal time to bring a Fractional CFO on board is key. Comprehending the role and the significant value they bring to financial management is vital.
Fractional CFOs are comparable to various flavors of ice cream, each offering distinct experiences, expertise, and educational backgrounds. The range of services a Fractional CFO provides to private companies can vary significantly depending on factors like annual revenues, number of employees, revenue-generating activities, and the complexities of financial reporting. Fractional CFOs also cater to different customer bases (B2B vs. B2C) and industry sectors.
A key step in evaluating your needs is distinguishing between finance and accounting needs. Finance is forward-looking, involving strategy, planning, forecasting, and analysis. Conversely, accounting is retrospective and focuses on compliance and historical data. Typically, Fractional CFOs address service gaps that your Controller, accounting provider, and CPA service leave unfilled.
To determine if you company could gain from Fractional CFO Services, the best approach is to set up a 30 to 45 minute discussion with us. During this call we will ask the business owners or leaders to give us an overview of the organization, discuss the challenges they are facing, and outline the key business goals.
Based on the unique details of your situation, we can customize our response to illustrate how our Fractional CFO Services could potentially benefit your company and evaluate if our solutions are a good fit and align with your needs.
Benefits Of Hiring A Fractional CFO
Our CFOs Help You Understand Your Company's Financial Health and Drive Business Growth
The Energy CFO helps energy clients achieve their financial and business objectives by building, understanding, and deploying financial and business intelligence across their companies. Having a handle on your business' finances is essential to the success of any organization. Our Outsourced CFO Services provide a timely and comprehensive financial foundation for you and your finance team while instilling confidence throughout your leadership.
The advantages gained working with a part-time CFO can instill a higher level of financial and business know-how and provide your team with the tools and intelligence necessary for making informed decisions that can strategically place your company on a path of success.
Expanding your team's financial and business acumen and knowledge adds value. It can also deliver precious time and money – discovering new revenue opportunities, ensuring greater efficiencies, building much-needed agility, and helping your leadership team make well-informed decisions.
Our experienced CFO team leverages financial and operational insights tailored to you and your business's needs. This intelligence will enhance processes and adopt impactful tools and systems to help you focus on what matters and work smarter. In addition, help facilitate critical thinking and develop action plans to strengthen weak links in your business – all while working together with your finance teams to assist in the success of your business.
Ready to deploy your financial and business intelligence?
Weighing The Costs: Full-Time vs. Fractional CFO
Exploring Financial Consequences Of Forgoing A CFO Hire
Modern businesses face high financial stakes amidst complexities like shifting policies, economic instability, talent scarcity, cash flow issues, mismanagement, technological disruptions, changing energy landscapes, tough competition, and a high business failure rate. Navigating these challenges without a financial expert can hinder an organization's growth. Yet, many small to medium-sized businesses (SMBs) take that chance due to the considerable cost of hiring an experienced and capable full-time CFO.
Can your business really afford to forgo hiring a high-level financial leader?
The role of finance in your organization is no longer a matter of just managing the books; it's become a key catalyst for growth, creating innovations, embracing new technology, and ensuring the business is equipped to not only survive, but thrive and expand over the long term. CFOs have evolved from mere "bean counters" to strategic partners who drive organizational value and growth.
The financial stakes for businesses have never been higher. And deciding to forgo hiring an experienced financial leader due to costs is a risky bet of your company's future. Consider the risks and the potential consequences to you and your company:
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Not having timely, accurate, and relevant data to make critical decisions
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Lack of strategic insight
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Inefficient capital allocation
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Missed opportunities
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Unmanaged risks
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Governance failures
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Higher costs and funding gaps
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Lackluster reputation for financial leadership
Hiring a full-time CFO for private SMBs in sectors like oil and gas, energy, chemicals, or industrial products and services can cost $275,000 to $500,000 per year, not including recruitment and onboarding expenses.
The Energy CFO offers a cost-effective solution with Fractional CFO Services. Our high-level Fractional CFOs work for SMB clients around 20 to 50 hours a month, significantly less costly than hiring a full-time CFO.
The Energy CFO has over a decade of experience in providing strategic financial guidance, financial planning, financial modeling, risk reduction, and financial operations advisory to private companies. Our Fractional CFO Services align operations with finance teams, while our Monthly Financial and Operations Review (MFOR™) provides insight into a company’s financial health and operational impact. MFOR™ meetings foster strategic discussions and deliver crucial insights to guide decision-making and strategy modifications.
Hiring The Energy CFO is a strategic move that enhances your company's sustainability, growth, and resilience. Our Fractional CFOs consistently pay for themselves and deliver positive returns on investment (ROIs) to clients:
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Boosting Sales and Revenues: Through strategic planning, aiding in new product development, forecasting sales trends, helping you set competitive prices, exploring new markets, applying best practices in revenue management, and assessing customer and marketing insights.
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Improving Profit Margins: With strategic financial insights, we evaluate the profitability of key revenue generating activities, recommending ways to streamline operations and improve productivity, and help you manage expenses effectively.
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Risk Management: By collaborating with your finance and operations organizations team, we analyze potential risks, help you establish strong controls and corporate governance, recommend key terms and conditions for vendors and customers, and assist you with implementing compliance.
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Empowering Decision Making: We offer clear, data-driven financial insights and business intelligence to guide decisions.
Increasing Business Value: By helping you secure better financial terms and increasing your EBITDA, the value of the business rises correspondingly.
Opting for a Fractional CFO is a smart cost-effective solution to accessing the financial expertise needed by your business without the cost and commitment of full-time CFOs.
CFO Consulting: How Fractional CFOs Help
Looking for CFO Services for your business? The Energy CFO is committed to delivering strategic financial insights and business guidance that drive growth and optimize performance for each client. By leveraging our financial expertise and broad experience, businesses can navigate complex financial landscapes with confidence and precision. Whether virtually or in person, our goal is to be a steadfast partner in your business journey, helping you achieve sustainable and measurable success.
In addition to Fractional CFO Services, we also offer CFO Consulting Services that can help boost your business:
Our Client Success Stories
Financial Management, Profit, and Growth Achievements
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Significantly Improved Cash Management With The 13WCF And Bi-Weekly Discussions
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Self-Financing Operations And New Growth
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Reduced Average DSO +5 Days (Below Avg)
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Improved Operating Profit Margin +15% And Increased Net Income +900%
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Exceeded Y2 Budgeted Net Income +150%
What Clients Say About Our Fractional CFO Services, 13 Week Cash Flow Consulting (13WCF), And Our MFOR™ Service.
The Right Fractional CFO Can Help Your Business Thrive
As private company business leaders, we often find ourselves navigating a complex balancing act. Our role requires us to expertly manage a wide array of responsibilities, including our team, operations, customer experience, company culture, strategy and planning. While we handle these with finesse, there remains an equally crucial set of tasks demanding our unyielding focus—financial duties.
The Energy CFO stands as a pivotal ally for business leaders and their finance team.
Our interim CFO Services help leaders like you balance a wide array of strategic, business planning, and financial responsibilities.
We also support finance teams with business partnering, analyzing and narrating the company’s financial performance, working more effectively, enhancing the budget and forecasting process, and crafting a roadmap to achieve the company’s financial and growth objectives.
Our commitment is not just to provide guidance but to empower your enterprise to thrive in an ever-evolving marketplace.
Experienced Fractional CFOs
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The Energy CFO is a 12-year old Fractional CFO firm headquartered in San Antonio, Texas. We serve companies across the United States.
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We are a small giant in our field and we specialize in helping startups, small and medium-sized businesses involved in all aspects of the industry.
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We offer Fractional CFO Services as an alternative to hiring an in-house CFO. Our approach results in a significant cost savings to clients.
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We are owned and run by an award-winning Fractional Chief Financial Officer and CPA.
Experienced Fractional CFO Team
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Combined energy, finance, and accounting work experience of 100+ years.
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Strong business, strategic, marketing, operational, and financial acumen.
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Worked for Fortune 500, billionaires, second and third generation family businesses, and private companies across the energy value chain and around the globe.
Business and CFO Awards
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NAWBO's prestigious "Small Business of the Year".
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Business Journal's "Who's Who In Energy" for 3 consecutive years.
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Business Journal's Best CFO for Private Energy Companies.
Fractional Chief Financial Officer Paula Waggoner-Aguilar CFO CPA
Hire A CFO For Your Business
Still Not Sure? Why Not Ask A Fractional CFO
Engaging a Fractional CFO for your company can be a straightforward process. If you're considering this option but aren't sure how to proceed, follow these simple steps:
Firstly, reach out to us to arrange a consultation with a CFO. You can do this by filling out our prospective client form, leaving a voice message, or sending us an email directly.
Next, we will set up a Zoom session where we will listen attentively to learn more about your business. During this session, we aim to understand your aspirations, whether they are business-related, financial, or personal. We will also introduce you to our team, describe the financial leadership services our Fractional CFO can provide, and explain the advantages a Fractional CFO brings. This meeting helps us determine if our services align with your business needs.
After the session, we will present you with a detailed service proposal along with an estimate of your monthly investment.
Finally, once you sign our service agreement, we can kickstart the collaboration.
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