How AbsDabs’ CFO Services Can Simplify Financial Planning for Your Kentucky Businesses
Financial planning can be a daunting task for many Kentucky businesses. That’s why our CFO services are designed to simplify the process while empowering your business to achieve growth and success.
Our CFO services begin with a thorough review of your past and current financials to uncover key insights. Once we have the insights we need, we collaborate with you to develop long and short-term financial strategies tailored to your business goals. For long-term planning, we create a 3- or 5-year financial model that incorporates balance sheets, income statements, and cash flow statements, clearly defining inputs and assumptions to establish a KPI model.
As for short-term, we’ll develop a 12-month financial model and a 13-week cash forecast for businesses needing more immediate guidance. We also provide a comprehensive financial and KPI budget to serve as a roadmap for your financial journey.
Our services don’t stop at planning. You can count on monthly reviews of your financials, comparing actual results to budgets and forecasts, and other key updates so you feel confident in where your business stands. For businesses with tighter cash flow requirements, weekly cash planning might be a better option.
With AbsDabs, you not only gain some of your time back, but you also gain a trusted team that partners with you to make financial planning approachable and ensure your business stays on track to meet goals and carry out your mission.