Small Business CFO Services

Hire an expert team for your CFO needs.

CFO Services for Small Businesses

Our CFO services help small businesses make forward-thinking financial decisions. We use accounting data to help our clients develop budgets, financial projections, and strategic plans to grow their business.

Why Does Your Small Business Need CFO Services?

Many small businesses fail because they cannot manage their money. They struggle with accounting and finance, or only compile financial data for tax purposes. However, the true purpose of the accounting and finance function is to use data to make decisions that impact the future of your business.

If you are unable to access the financial performance of your business, benchmark it to industry standards, or make revenue-producing decisions, you need CFO services. If you do not have a budget, or routinely analyze variances in your budget versus actual performance, you need CFO services. If you need help preparing a financial forecasts to shareholders or lenders to acquire funding, you need CFO services. If you need help making strategic decisions, such as investing into new activities to drive business growth, you need CFO services. Our CFO services will help you assess the financial health of your business to help you make decisions to accomplish your primary goals.

What Are CFO Services?

Outsourced CFO services are third-party services that reflect the typical responsibilities of a CFO, or chief financial officer. The benefits of using outsourced CFO services is that it provides small businesses with quality financial oversight at the fraction of the cost of hiring a full-time CFO. Accounting services, such as bookkeeping, help you report prior financial data. CFO services, on the other hand, help you use prior accounting data to forecast the future.

Our CFOs are here to help.

Get a CFO for your small business today.

How Do Our CFO Services for Small Businesses Work?

Our CFO services for small businesses are designed to make your business profitable. We will assign you a part-time CFO to your business. This person will gain an in-depth understanding of your business and industry, help you develop and achieve goals, provide financial strategy, and analyze your finances on a routine basis. Our CFO services consist of 5 steps:

Assess Financial Data: Your CFO will analyze your current business’ balance sheet, income statements, and other financial data.

Develop Benchmarks: Your CFO will develop a budget and benchmarks based on your goals, prior financial performance, and industry conditions.

Performance Review: Your CFO will assess and report actual financial performance relative to the benchmarks set on an ongoing basis.

Strategy Planning: Your CFO will help you develop strategic goals and financials plans to help you achieve them.

Monitor and Evaluate Strategy: Your CFO will provide ongoing support including evaluation of current strategy (revising as needed), monthly  meetings, phone assistance, and planning.

Expert CFOs with the latest technology.

Breathe, your CFO can handle it.

What Makes Our CFO Services Unique?

Our holistic approach and specificity to small businesses is what makes our CFO services unique. Our partners own several small businesses and truly understand the headaches associated with managing the financials of your business. We use our financial backgrounds and small business experience to help you with issues like pricing your products, setting your marketing budget, and understanding overhead costs.

Our CFO services pick up the ball where you last dropped it. If you need help with bookkeeping & tax preparation, we can assist. If you do your own bookkeeping, we can come in and benchmark it to your competitors, project future performance, and monitor financial performance on an ongoing basis.

Our CFO services for small businesses provides value that is critical to your financial health. Our CFOs will help you understand:

  • How to grow your company
  • Your financials statements and how to make make better financial decisions
  • How to create and implement budgets
  • Cash flows
  • Financial forecasting
  • Strategic planning

Know What Is Critical To Your Small Business

Our CFOs will help you understand your:

  • Complance: How to keep your business compliant and save the most on taxes.
  • Financials Statements: How to read them and how to use them to make decisions
  • Growth: The latest tips, tools, and tricks to help you scale your business.

Features of Our CFO Services for Small Businesses

Industry-Specific Benchmarks

Many small businesses do not know how to interpret their financial performance. One way to do this is to benchmark your financial data against what is common in your industry. Our CFO Services include proprietary software to benchmark your data to industry standards.

Budgeting & Variance Analysis

With our CFO services, you will receive support in developing your budget and tracking the performance of your budget on an ongoing basis. Our CFO service will compare your actual performance to your budget, and highlight areas in which you can improve your profitability.

Business Performance Review

Our CFO’s will routinely assess the performance of your business and grade your financial health. You will receive comprehensive diagnostic reports that include key trends, ratios, and other financial data that is relevant to the operations of your business.

Why Use Outsourced CFO Services?

Our outsourced CFO services will eliminate the stress associated with making financial decisions. If you struggle with managing your business finances, pricing your products, budgeting, or simply understanding the financial health of your business, you need outsourced CFO Services.


Outsourced CFO services will provide you with financial assistance at the fraction of the cost of hiring an in-house CFO or employee. The average CFO makes over $100,000/year, and our outsourced CFO services may cost you as little as $400/month. If you are a small business and need affordable guidance, outsourced CFO services is your best option.

LYFE Accounting is a Top Rated Financial Company with CFOs ready to help.

Hundreds of Small Businesses Choose LYFE

Frequently Asked Questions

Does Your CFO Services Include Bookkeeping?

Our accounting and bookkeeping services is a standalone service that focuses on reporting on historical data. Our CFO services is an add-on service that analyzes historical data and provides future projections based on it. The purpose of the CFO service is to act as a finance function for your small business, whereas bookkeeping is focused on accounting prior performance. When used together, your small business when receive complete financial guidance to drive decision-making.

How Will You Secure My Financial Data?

Our CFO services include secured permissions which prevents any unauthorized users from access to your financial data. We can also set-up restrictions on your account to limit what your authorized users can see in your account.

Does Your CFO Service Include Consultation with a CFO?

Yes, our CFO service includes consultation. This person will have received extensive training and experience in helping small businesses measure, analyze, and project future performance.


Or talk to an expert right now!


Client Testimonial

My experience with LYFE Accounting was nothing short of amazing. Krystal is professional, detail oriented, and truly cares about her clients. I will continue to use LYFE Accounting for all of my personal and business tax needs as well for my business bookkeeping needs.

–  C. James

Small Business Accounting Services
9 out of 10 Small Businesses Fail Due to Lack of Financial Management. 
We're on a mission to change that. 
Talk with one of our certified public accountants today!
Get value immediately when you talk with our team.