David Richter

Thanks for taking a minute (maybe two) to read about what I do and why it makes a difference :-)

It probably makes sense for me to start by defining Fractional CFO?

The technical definition is...

“The CFO is the Chief Financial Officer and fractional means part-time.”

Which in Layman’s terms means, helping people understand the numbers at a very deep level and what they mean to the organization.

What makes this so important?

Most businesses don't have enough revenue to pay for a full time CFO but make too much not to have a strategic financial partner (CFO) on the team to increase profitability and cash flow.

A Fractional CFO is that partner at a fraction of the full CFO price tag...

And by understanding the numbers, one can make a positive impact across the entire organization.

Not understanding the numbers will do the polar opposite and have a costly negative impact.

I see this ALL. THE. TIME.

Organization says they “know” the numbers.

They “know” what’s listed on the profit and loss report.

BUT, more times than not, they don’t understand what the numbers mean or how to use them for gain.

There’s a MASSIVE difference between knowing the numbers and UNDERSTANDING how the numbers impact the business.

And depending on the decisions being made by the organization, the numbers can lead to a positive or negative impact.

Understanding what the numbers truly mean allows for many things, including...

1️⃣ Being able to make better decisions (BASED ON DATA) that positively impact on efficiency and bottom line profits.

2️⃣ Being able to create meaningful plans (BASED ON DATA) that have the best chances to reach desired results.

UnderstandIng the numbers (THE DATA), allows us to see the implications of the decisions and strategies the organization wants to make BEFORE becoming costly.

At the end of the day, it can be said that I specialize in risk reduction and maximizing profits.

Generating results and giving clients peace-of-mind with their finances.

To be able to read between the lines.

To see pitfalls and opportunities that are hidden to most.

Some people say it’s a gift.

Some say it comes from all the hard work and experience we bring to the table.

Some have said we’re like the “Wizards Of Oz” of Fractional CFOs, pulling all the right levers. LOL

Either way, I LOVE what I do and seeing the positive impact it makes, puts a smile on my face each day.
If any of this resonated with you, I’d love to add you to my network and perhaps have a virtual cup of coffee

Shoot me a message & let's connect.