"Barry is one of those rare individuals who is skilled on the numbers side of business but who also understands all of the different aspects of growing a successful company. Mr. Knepper has been a trusted advisor for our business, helping us to develop business and financial objectives unique to franchising. I do not view him as an outside consultant, but as a trusted member of my management team."
Fred J. Kirvan
President, Desert Moon Franchise, LLC
Why Use a Part Time CFO?
The financial planning, cost savings, and internal controls that we put in place will boost your earnings far in excess of the cost of our services. You are ready for our help when:
- Your sales are growing but you are short of cash
- You need a budget but don't have the personnel to prepare one
- You spend more time on financial issues than you do with sales and operations
- You don't receive the timely financial information you need to run your business
- You have had one too many financial surprises
- You are not sure which of your products are profitable
- The growth of your company exceeds the capabilities of your accounting staff
- You are seeking ways to reduce expenses without impacting efficiency
- You require financing to fund the growth of your company
How a CFO is Different from a CPA
- CPAs focus on taxes and numbers. CFO's focus on PROFIT. This requires more time and direct contact with your business than most CPAs have time for.
- Your CPA has hundreds of clients - your part-time CFO only has a few, and can devote more time to you.
- Your CPA has an ethical requirement to remain independent from certain functions in your business (think Enron and Arthur Anderson).
- CPAs focus on income taxes - CFOs focus on ways to generate more income.
- CPAs focus on Generally Accepted Accounting Principles reporting - CFOs focus on creating a business reporting format that highlights the information you need to know about for your business.
- CPAs focus on gathering and presenting the numbers - CFOs focus on the story behind the numbers and on how you can impact future performance.
- CPAs tell you where you've been - CFOs provide pro-budgets, forecasts, and a forward-looking perspective on where your company should be going.