FRACTIONAL CFO

Build
Smarter. Stronger. Better.

A Fractional CFO Can Fortify Your Financial Foundation.

FRACTIONAL CFO

Let’s talk about you.

Before we tell you about The Barbin Group, let’s talk about your construction business.

  • Do you have a solid handle on your cash flow?

  • What about your receivables – are more than 50 percent of them over 60 days due?

  • Is your "financial house" in order, and will it support the sort of growth you envision?

  • Are you seeking a financial partner who can shine a light on areas of concern, and then show you the path to maximize profitability?

Are you satisfied with running a contracting business that's "good enough?"
Aim higher.
 

Bring CFO-Level Financial Efficiency to Your Bottom Line with

  • Monthly sessions that keep your vision + your finances on track.

  • Detailed data analysis that flags potential trouble spots.

  • Construction industry expertise tailored to your company's needs.

FRACTIONAL CFO

What is a Fractional CFO?

Hunches, instinct, even experience – all valuable.
But not the "building plan" required to upgrade and expand a contracting business.

CFO Services

"As a General Manager for a construction company, I've been working with The Barbin Group for a little over 3 years now. When it comes to numbers, projections, and growth, specifically when managing larger construction projects over extended periods of time there is no one better to assist with keeping our costs in line. This industry has been hit with major market shifts since the pandemic hit and I’ve found it extremely beneficial to have their type of expertise on hand.“

~ Matthew Zenuk

General Manager, Russell Roofing Company, Inc.

Let’s start with what a Fractional CFO is not. A Fractional CFO is not a bookkeeper or controller. Those positions run your day-to-day finances.

A Fractional CFO (or Virtual CFO / Part-Time CFO / Outsourced CFO) provides the perspective, insight, and data you need to maximize cash flow, grow your business, and make the right decisions consistently.

A Fractional CFO analyzes your numbers and anticipates where you'll be next quarter and next year.

  • Are you on track to achieve your growth goals?

  • Can you afford to hire more staff or buy more equipment?

  • Are your policies geared for growth-for example, how does your employee compensation stack up against similar-sized contractors?

Those are the sorts of questions the right Fractional CFO or part-time CFO can help you answer―data driven, combined with financial best practices and a broad construction industry knowledge.
 

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How Do I Work with a Fractional CFO?

First, we'll 'crunch' your numbers. We do financial statement preparation, analysis, and job costing (including absorption of production overhead). And then we talk. Every month. We'll look at cash flow. And we'll measure performance against the targets we set. If something's not working, we'll find out why. If things are working, we'll look at the smartest options for building on that success. Both long-range and short.

CFO SERVICES

What will my Fractional CFO concentrate on?

You select the components for the specific needs of your contractor business - from The Barbin Group areas of expertise.

  • Financial Planning & Analysis

    > Focus: Financial Planning & Analysis

  • Financial Systems for Contractors

    > Focus: Financial Systems for Contractors

  • Financial Training

    > Focus: Financial Training

  • Advisory Services

    > Additional Services

Can I afford a Fractional CFO?

You can, with Fractional CFO services from The Barbin Group.

With The Barbin Group, you’ll receive high-level expertise at an affordable hourly rate.

Factors that will affect your overall cost include:

Business size

The Barbin Group works primarily with general and specialty contractors in the $3-to-$30 million range. A larger business will often require more work (in the range of 3 to 5 days per month, on average).

Balance Sheet Complexity

Percentage of completion revenue recognition, or understanding your working capital, will likely increase complexity and could raise the cost.

Special Projects

In addition to our customary focus, we can accommodate work such as year-end financials, retirement planning, helping raise equity funding, and analyzing software choices.

Fractional CFO services from The Barbin Group will provide your contracting business with high-level financial perspectives and solid, data-driven conversations for a fraction of hiring a full-time CFO – no matter what your requirements.  

Contact us to find out if a Fractional CFO is right for your business.

  • “The Barbin Group has really helped us to better understand our financials by assisting us with tracking our long-term and short-term project progress which allows us to make better decisions and grow our company.

    They are always willing to answer our questions and even assist in training our bookkeeper as needed so our entire financial team is on the same page.

    We have been very impressed with their services.”

    ~ Michelle McLaughlin, CVO, MAC Electric and Lighting

CFO SERVICES

Let’s Build Better.

Remote services available to construction contractors nationwide.

Schedule a quick consultation call and in just 15-minutes you’ll get:

  • a sense of the process

  • a rough plan of action

  • price estimates for options tailored to your needs

info@barbingroup.com | 215.370.5946