Outsourced CFO Services in Milwaukee & Madison
Flexible, affordable financial leadership for small businesses & nonprofits
A seasoned financial strategist from The Giersch Group with help you reduce waste, simplify business processes and grow profits.
Every small business needs financial leadership, but not every business or startup needs or has the resources for a full-time controller or CFO. Often a growing small business reaches a point where professional financial advice is needed, but the cost of a full-time experienced CFO or controller is out of reach.
Working with a CFO through the Giersch Group will bridge the gap and take time-consuming accounting tasks off your plate. We provide part-time, interim and virtual CFO and controller services as an effective and affordable solution for small businesses, startups & nonprofit organizations.
Many of the questions business owners have about outsourced CFO services are best addressed one on one. Book a no-obligation consult at our offices in Milwaukee, Brookfield, or Madison and we’ll sit down for thirty minutes to learn more about your business, explain how our CFO services can help, and provide custom pricing based on your situation.
Explore this page:
- What are outsourced CFO services?
- What is an interim CFO?
- What does it cost to hire a CFO?
- Benefits of an outsourced CFO
- What does a CFO do in a small business?
- What does a CFO do in a startup?
- Virtual CFO service area
What are outsourced CFO services?
Outsourced CFO services, aka fractional CFO services or external CFO services, are financial strategy services provided from outside your company.
An outsourced CFO is typically responsible for:
- Financial statements and reporting
- Financial modeling
- Financial forecasting
- Cash flow analysis & optimization
- Performing cost analysis
- Acting as a liaison with vendors, bankers, lawyers, and insurance companies
- Risk management
- Supervising the bookkeeping
- Raising capital
- Strategically cutting costs
- Preparing for a merger or acquisition
- Explaining the financial implications of business decisions
Outsourced CFO services can be contracted on a part-time or interim basis. Outsourced or virtual CFO services provide ongoing financial leadership at an affordable rate.
What is an interim CFO?
Interim CFO services provide continuity during times of change. A sudden resignation can easily leave a small business in the lurch, especially when it’s the person responsible for financials. An interim CFO keeps things on an even keel during the recruitment and training process or while covering an extended leave of absence.
Interim CFO or controller services are also helpful:
- For important projects
- During a period of rapid growth or change
- To provide an outside analysis before a major decision
No matter what changes or developments your business encounters, you’ll rest easier knowing a professional CFO is on your side to oversee, protect and improve the financial side of things. Read testimonials from small business owners we've helped or book your free consultation today.
What does it cost to hire a CFO?
An experienced full-time CFO can command a yearly salary anywhere from $60k to $100k or more, not to mention bonuses and benefits. Giersch Group flexible CFO services give your business the benefit of working with a seasoned CFO or controller while only paying for the services you need. We work with small business owners all the time. They can afford our services and so you can you. Schedule a free, no-pressure consultation today to learn more about our customized accounting services and pricing.
Benefits of an outsourced CFO
High value. You’ll have less weight on your shoulders and more time on your hands. Reap the benefits of working with an experienced financial officer without the expense of hiring a full-time in-house employee.
Most new hires need time to get up to speed, but our experienced professionals contribute value immediately. Your business will benefit from our years of experience helping small businesses in many industries get their books in order, solve problems and grow.
Added security. Many small businesses fall victim to fraud when a lack of staff and oversight leaves a single employee in charge of the books. With the Giersch Group you’ll never have to wonder whether you can really trust the person you hired to handle sensitive financial information. A professional CFO will establish stronger financial controls to reduce theft by employees and grow profits.
Objectivity. It’s difficult to see the big picture when your energy is spent taking care of day-to-day tasks. A CFO or controller from the Giersch Group will get down to brass tacks and report the facts of your financial situation from an impartial perspective. You’ll get a reliable sounding board and key help defining your business goals and making plans to reach them.
Your CFO or controller will use their professional experience and judgment to help you make decisions that will take your business in the right direction.
Flexibility. A direct hire controller will need time off periodically and may not be available to work longer hours in busy seasons. Giersch Group CFO services mean you can more easily adapt as the needs of your business change.
Outsourced CFO services give business owners the ability to spend more time developing new services, reaching new customers and handling other core business issues. You’ll achieve a greater understanding of the financial health of your business and enjoy better control over your money with fewer surprises.
What does a CFO do in a small business?
An outsourced chief financial officer for a small business uses the best corporate and institutional practices, adapted and priced for the small enterprise.
We help small business owners make the shift from working insanely hard for little reward to understanding and improving the financial performance of their business by:
- Developing budgets & controlling costs
- Interpreting financial performance & making financial projections
- Maintaining tax compliance & financial oversight
- Risk management
At the heart of what a virtual CFO does for a small business is strategic planning and decision-making to drive business growth. Accurate bookkeeping provides the foundation for success. A CFO leverages the financial data provided by bookkeeping to increase the profitability of your small business.
What does a CFO do in a startup?
CFO services for startups address the most vital aspects of your new business: realistic financial projections and how to stay or become more profitable.
CFO services for startups typically focus on:
- Defining the baseline financial reporting
- Establishing financial processes & controls
- Charting a path for growth & project milestones
Startup CFO services give you a clear picture of the financial standing of your new business while creating a model to project future financial performance.
An experienced Giersch Group CFO will help you run your new business more quickly and with less risk. Professionally managed accounting, reporting and analysis is priceless; we make it affordable.
Book your free consultation today for a no-pressure initial evaluation of how an outsourced startup CFO can help you generate the most return on your investment.
Service area for outsourced & interim CFO services
Our outsourced bookkeeping & virtual CFO services are available anywhere in the state or across the nation. We have offices in Milwaukee, Madison and Brookfield to serve businesses across Wisconsin and online capabilities to help nationwide companies.
Milwaukee County bookkeepers serving: Downtown Milwaukee, Shorewood, Whitefish Bay, Glendale, Fox Point, River Hills, Brown Deer, Granville, Butler, Wauwatosa, West Allis, Greenfield, Hales Corners, Greendale, Franklin, Oak Creek, South Milwaukee, Cudahy, St. Francis & everywhere in between.
Dane County bookkeepers serving: Madison, Middleton, Waunakee, Windsor, Sun Prairie, Cottage Grove, McFarland, Fitchburg, Verona, Riley, Pine Bluff, Cross Plains, Springfield Corners, Black Earth, Mazomanie, Mt. Horeb, Belleville, Rutland, Stoughton, Kengosa, Deerfield, Monona & everywhere in between.
Ozaukee County bookkeepers serving: Mequon, Thiensville, Cedarburg, Lakefield, Grafton, Saukville, Port Washington, Knellsville, Newburg, Waubeka, Fredonia, Holy Cross, Belgium, Dacada & everywhere in between.
Waukesha County bookkeepers serving: Waukesha, Brookfield, New Berlin, Muskego, Big Bend, Vernon, Mukwonago, Jericho, Eagle, North Prairie, Saylesville, Genesee Depot, Ottawa, Wales, Dousman, Delafield, Oconomowoc, Monterey, Nashotah, Hartland, Merton, Town of Lisbon, Sussex, Lannon, Menomonee Falls, Butler, Pewaukee & everywhere in between.
Washington County bookkeepers serving: Germantown, Hubertus, Richfield, Thompson, Ackerville, Hartford, Kirchhayn, Jackson, Cedar Creek, Slinger, Cedar Lake, St. Lawrence, Allenton, Addison, St. Anthony, Kohlsville, Wayne, Kewaskum, Boltonville, Fillmore, Cheeseville, Young America, West Bend, Nabob and everywhere in between.
Milwaukee controller & CFO services firm helping small businesses crow
We’ve seen too many small business owners working insanely hard for little reward. Our professional financial services, including bookkeeping, small business accounting, management consulting, payroll and tax compliance services will help your business shift from surviving to thriving by providing the fundamental financial data required for smart decision-making.
We provide affordable CFO services to nonprofits, startups, small and family-run businesses throughout the greater Milwaukee area including Brookfield, Waukesha, Washington and Ozaukee Counties.