CFO Services
The ideal client for Brett Scully and MFO is a firm in the $3-10 million revenue range.
At those revenue ranges, a full time CFO is a bit too much. However, MFO can take that role working with the controller or current staff handling accounting. This way the firm can experience the same financial planning and accounting infrastructure through a part time dedicated strategy. The strategy produces Pro-Forma Balance Sheet and Income Statements, reviews accounting data flows/systems, Stock Option implementation and succession planning strategy all tied into the Dynamic Five Year Business Plan.
SuCCession Planning
A crucial element of the small business is the eventual sale of the firm, which is always a key part of the overall business plan. An owner has to know when and how to sell. No one can accurately know the exact date that a sale will happen. But an owner has to think about when it works both financially as well as practical in the future. The way MFO approaches this part of the plan is to look at owner needs, the management, family and outsiders that could eventually be the buyers of the firm. A detailed look at 5 year cliff vested options are reviewed in detail for key management of the firm. These type of options give owners long term 'golden handcuff's' to the key drivers of firm's growth