Your U.S. Business
& Strategy Advisor
What is a Fractional CFO
The cost of hiring a full-time CFO can start at six figures and go well over several hundred thousand, not including vacations, bonuses, and other benefits. The cost can be prohibitive for small and mid-sized businesses.
PWA provides part-time (i.e., fractional) CFO services. A fractional CFO can do many of the same things a full-time CFO would do including overseeing accounting and tax matters, advising and providing input to owner-managers, and liaising with bankers, department managers, and key vendors.
Our fractional CFOs can also help with business forecasting, company-wide KPIs, and more - all at a fraction of the cost of a full-time CFO.
How much does a fractional CFO cost?
A full time CFO can be cost prohibitive for a small to mid-sized business. Hiring a fractional CFO provides businesses with extensive experience at a much lower cost than a full-time employee.
We offer fixed pricing packages so as to be treated as a member of your team. See full details on our pricing page
Business Transition Consulting
You only transition out of your business once.
Let us help you do it right.
Transition Coaching
Transitioning out of your business is easier said than done. We know because we have done it. It is natural to have questions such as: When do I sell? To whom? For how much? Will my employees and customers be taken care of? Etc.
We specialize in helping you to navigate these questions.
Transition Execution
The best plan in the world isn’t worth a dime if executed poorly. We take a “roll up the sleeves” approach to ensure the transition plan is executed properly. We typically take an ownership stake in the business in this phase to align our goals with that of the owner.
This can range anywhere from an active board seat to filling holes in the operations.
Case Study
"PWA has been our outsourced finance team since we entered the U.S. market. They started with us when all we had was an idea; now we are over $120 million in sales. Even though our management team is located outside the U.S. we communicate very well with PWA. They are very responsive, responsible, and easy to work with. They are a talented and experienced group – a very good fractional CFO and accounting team."
Who We Help
Long Established
Transitioning out of your business is easier said than done. We know because we have done it. It is natural to have questions such as: When do I sell? To whom? For how much? Will my employees and customers be taken care of? Etc.
We specialize in helping you to navigate these questions.
Financial Range
- Revenue $2M – $10M
- EBITDA $500K – $3M
Case Study
Succession Plan for a 40-Year-Old Manufacturing Business
The Brief
- Family-owned first-generation business owned by founder / shareholders now in their 70s.
- Loyal and talented young management team with interest in ownership lack business and financial expertise or the funds to buy out shareholders
- Shareholders would (ideally) like ownership to transfer to an employee stock ownership company (ESOP)
Client Needs
- An actionable ownership & management succession plan
- Temporary leadership to implement the succession plan
- Periodic financial & business oversight
Solutions
- Met with managers to learn their interests, strengths & weaknesses, and team dynamics
- Studied the customer, industry, and relationship base to form an opinion on business continuity risk
- Developed a succession plan. In phase one, the management and current owners would step down to empower the younger generation. Next, the younger managers learned to set and achieve goals through weekly accountability meetings
- After an 18 month successful management transition, recommended and received approval on an ownership transition plan involving management purchasing shares from the current owners on an owner financed basis
- Currently serve in a board of director role (along with former owners) to provide leadership and provide financial oversight including being guided by budgets.