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Services
Fractional CFO
Fractional CFO
Pricing Analysis
Budgeting
Investor Relations
Forecasting
Growth Analysis (CAC/LTV)
Fractional CFO Services for Cannabis
Bookkeeping & Accounting
Bookkeeping & Accounting
Accounting Cleanup
Sales Tax
Forensic Accounting
Cannabis
Accounts Payable Services
Startup CFO
Startup CFO
Pro Formas
Investor Relations
Turnaround CFO
Buy a Business
Buy a Business
Due Diligence
Careers
Articles
Contact Us
720-230-6058
About
Services
Fractional CFO
Fractional CFO
Pricing Analysis
Budgeting
Investor Relations
Forecasting
Growth Analysis (CAC/LTV)
Fractional CFO Services for Cannabis
Bookkeeping & Accounting
Bookkeeping & Accounting
Accounting Cleanup
Sales Tax
Forensic Accounting
Cannabis
Accounts Payable Services
Startup CFO
Startup CFO
Pro Formas
Investor Relations
Turnaround CFO
Buy a Business
Buy a Business
Due Diligence
Careers
Articles
Contact Us
720-230-6058
The Status of your Business Finance and Accounting
Decision Tree
What best describes your business?
I'm buying a business
I have a startup
I have an established business
Have you already bought the business?
Yes
No
Are you experienced at financial due diligence?
Yes
No
What is your current annual revenue?
We are pre-revenue
Less than $2M
$2-5M
$5-20M
$20-50M
$50M+
Which of the following best practices do you perform?
Keep a business bank account separate from personal expenses
Reconcile transactions and bank accounts monthly
Track sales in a CRM system
Accrue revenues and costs in accordance with GAAP
Budget annually
Forecast your sales regularly
Are you currently raising or soon raising an equity round?
Yes
No
Do you have pro forma financial projections?
Yes
No
Have you already raised an equity round?
Yes
No
Are you planning to bootstrap your startup?
Yes
No
What is your current annual revenue?
We are pre-revenue
Less than $2M
$2-5M
$5-10M
$10M+
Do you have an accountant or bookkeeper on staff, or a contract bookkeeping service?
Yes
No
Tell us about your accounting:
Select all that apply:
I close my books consistently by the 15th of each month
I keep my books on a full accrual basis
I separate sales and costs by product/service line
My gross margins are consistent and predictable
Integrations with my bookkeeping software run consistently well
None of the above
Self Accounting Total
Tell us about your accounting performance:
Select all that apply:
My books consistently close by the 15th of each month
My bookkeeper or accountant is responsive, timely and able to answer my questions
I have different staff members paying bills from those entering bills
I understand the profit margins of my different products, services, or business segments
My profit margins are stable and reliable
None of the above
Do you have a finance manager, director, or CFO on staff or contracted?
Yes
No
How often do you hold financial strategy meetings?
Weekly
Monthly
Quarterly
Annually
There is no regular cadence
Tell us about your finance team:
Which of the following best practices do you regularly perform?
Monthly forecasting
Period-over-period forecast variance analysis
Annual budgeting
Monthly budget v actual variance analysis
KPI tracking
Customer Acquisition Cost (CAC) analysis
Customer Lifetime Value (LTV) analysis
None of the above
Do you hold regular meetings with a board of directors?
Yes
No
How would you describe your board meetings?
Orderly, respectful, and productive
Sometimes the board is misaligned with my priorities
There has been conflict between me and the board
Our relationship with the board is very poor
One last thing before viewing your results.
Tell us who you are.
Name
*
Email
*
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