Services

  • A Chief Financial Officer is responsible for the production of accurate and timely financial reports, monitoring and maintaining the financial health of the organization, educating executives on financial matters, and being a strategic executive partner in planning, decision-making, and accountability. It’s their job to tell executives what they need to hear, celebrate wins, advise on necessary course corrections, liaise with third parties such as legal, banking, insurance, etc. and a whole bunch of other stuff! A good CFO represents the business well and is a key player in driving business outcomes such as profitability, improved cash flows, strategic planning, and mission fulfilment.

    Almost every business needs a CFO presence in some form or fashion, but oftentimes small-midsized businesses either don’t have the resouces, or it just doesn’t yet make sense to hire a full-time CFO. That’s where the fractional model comes in- via the Emerald CFO model you get access to an executive thought-leader who can move the needle for your business. Your CFO will serve you on a part-time basis, but is always there when you need it most. The advantage this brings to your business cannot be understated. This is all for a fraction of the cost of a traditional CFO.

  • Without having your books clean, timely, and accurate it’s almost impossible to know how your business is doing. To improve your accounting and bring clarity to your business, we offer:

    • Quality assurance checks of your historical accounting and processes

    • Day-to-day accounting for your business- you can rest assured knowing that each month your books are being properly recorded, reconciled, and closed- all with proactive IRS audit defense in mind

    • Historical accounting cleanup as needed

    • New accounting system implementation and maintenance- whether it’s your first accounting system or you’re looking to upgrade from an old platform

  • Payroll management is a crucial aspect of any business operation. It involves ensuring timely and accurate payment of employees, as well as compliance with tax laws and regulations. We offer payroll management services including tasks such as calculating and processing payroll, filing taxes, and keeping up with changing regulations. By outsourcing payroll management, you can free up valuable time and resources to focus on other areas of your operation. Additionally, you can have peace of mind knowing that their payroll is being handled accurately and in compliance with all relevant laws and regulations.

  • We help guide you through the complexities of tax management with a strategic approach that focuses on proactive measures and informed decision-making. Via the Emerald CFO tax planning package, you can expect to gain a deeper understanding of your tax situation, enabling you to make intentional choices throughout the year that align with your business objectives while minimizing your tax liability. We assist in understanding and projecting your tax liability throughout the year to help you better plan your savings and estimated payments accordingly. During our engagement we will bring up various tactics and options that you as the business owner can take advantage to lower your tax bill. For every tax mitigation strategy we consider, you will be educated and well informed of how it affects your financial picture as well as pros/ cons to consider.

  • Thinking about the end-game for you and your business is a daunting task. You’ve put years, blood, sweat, and tears into your business- we want to make sure those efforts are honored and rewarded as you consider what could come next. Whether it be starting another venture, transitioning to a loved one, or selling to a qualified buyer- we are happy to help you work through your thoughts on this matter and collaboratively come up with a plan for how we can make it happen. It is critical to start having these conversations early- ideally years in advance- as there are certain intricacies behind steps that can be taken now to set your business up for future success. Taking these steps early can often be the difference in millions of dollars in the value of a business. Should you decide to sell or transition your business, we want to make sure you are compensated for the maximum value. With our support you can feel confident that you are set up for future success- wherever the road may take you.

    If you are either strongly considering or actively engaged in selling your business, Emerald CFO can help represent you and your business through our sell-side fractional CFO services. Often in a sale there are many competing priorities between buyers, sellers, and intermediary investment bankers/ brokers. Having someone who understands the complexities of the valuation and negotiation processes who is solely aligned to your best interests can be invaluable when potentially selling your business.