How to solve your biggest financial headaches?
Step 1: Find the right cfo.
It's like trying on new eyeglasses:
Suddenly your finances come into focus
FOUNDATION: ACCURACY
To solve your financial headaches, you need a solid foundation. It starts with Accuracy.
We’ll collaborate with your controller to ensure you have accurate numbers in your financial reports. We’ll also review your Software + Systems and make recommendations for improved reporting and efficiency.
FRAMEWORK: INSIGHT
With an accurate read of the financials, we'll analyze a variety of variety of financial statements and key performance indicators (KPIs) to give you a deeper grasp of your current business.
We’ll help you safely navigate the complex construction business environment through better relationships with CPA, banker and other professionals.
BUILDOUT: PLANNING
Mapping a financial strategy will provide the linchpin to achieve your business plan and long-term goals.
Together, we'll determine where your leadership team needs to focus attention for the most meaningful results, identifying positive trends that deserve reinforcement and negative trends that need corrective action.
Cash Is the Oxygen of Your Business
Rule of Thumb: Have 10% of annual revenue in cash on hand. Your forecasted cash flow should exceed the target amount.
Financial expertise tailored to specialty trade contractors
Training + processes to bolster a contractor's in-house capabilities
Meet David Stern
David has helped hundreds of small- and mid-sized firms manage their finances more effectively. His passion for this work began with a job at a salvage yard that bought and sold building materials. There, he learned that a business can turn a profit and do meaningful work, the basis for his career ever since.
He focused on the construction industry because, he says, “he's always had a great deal of respect for the skilled trades. He likes the tangible product that they make.”
Today, as a fractional CFO, he concentrates specifically on specialty trade contractors across the country. Clients are typically in the $3 to $30 million revenue range, both commercial and residential, union and non-union: electrical, plumbing, HVAC/mechanical, concrete masonry, landscaping and more.
He is a Certified Construction Industry Financial Professional (CCIFP®) with more than 20 years of experience working with businesses to improve their financial performance, processes and personnel. He lives with his wife in Berkeley, CA, plays guitar in a bluegrass band, and practices Iyengar yoga.
What do other contractors say it’s like working with David Stern CFO?
“Instead of breaking even or showing a small profit, we are now in a strong financial position. We plan on utilizing David’s skill set, extensive business knowledge, and acumen for years to come.”
Rex Daysh
President, California Retaining Walls Co, Specialty Contractor
“His coaching at some critical junctures of our business made all the difference for us. I recommend David without reservation! He is ethical, smart, savvy and funny too!”
Dan Cohen
President, Creative Spaces, Inc., General Contractor
“Where we only had hazy notions relative to direction and progress prior to working with David Stern CFO, we now have clarity and focus. We appreciate they have shown us how to use our P & L to our advantage.”
Business Manager
BH Drywall and Specialties, Inc., Denver, CO
Make financial reporting a snap…
Plan cash flow with ease.
Get the numbers to work for you.
Brief. To the Point. News You Can Use.
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2111 San Pablo Ave. #2015 | Berkeley, CA, 94702