Financial Strategies for Managing the Health and Wealth of Your Company
As a building contractor, you are well aware of the risks and challenges that your company faces. Your industry is competitive and the landscape is ever changing and evolving—and that’s especially true as it relates to financial ebbs and flows, regulations, and the economy itself.
This uncertainty can feel intimidating—even paralyzing at times—but it doesn’t have to. That is, it doesn’t have to if you have the right support and expertise—and can depend upon a financial advisor and consultant that you can trust.
That’s where we come in.
David Stern CFO, Inc.
Based in Berkeley, California, and with capabilities spanning the United States, David Stern CFO, Inc. provides outsourced CFO services specifically to professionals operating within the construction industry. We stand together with owners and their executive team to provide financial strategy, analysis, and systems in the pursuit of more profit and less risk. We act as a key business adviser and collaborator alongside your other trusted counselors such as your CPA, banker, lawyer, business coach and more. We invite you to learn more about the services provided by David Stern CFO, Inc.
A Fractional CFO—also known as an Outsourced CFO—is a financial expert that can help growing businesses, including those within the construction industry, address, manage, and resolve a variety of challenges including:
David Stern CFO, Inc. assists with all of the above and specifically helps devise KPIs for contractors to generate profit in the volatile construction industry. Our business provides relief, guidance, and unparalleled expertise so you can focus on running and operating your business on your terms—and realize success.
"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
At this point in your journey, it’s likely you have reached a point of growth, and likely profit, where you realize you need professional financial advice. However, you are also probably having a hard time justifying the cost of bringing on a full-time Controller or CFO. If this sounds like you, take heed!; you’re in a fortunate position! Hiring an experienced outsourced CFO service—David Stern CFO, Inc.—could be a viable and perfect solution to the current situation you are facing as a construction business owner.
When you make the decision to partner with David Stern CFO, Inc., you gain the benefit of:
Tempered advice from an industry expert: David Stern CFO, Inc. has helped more than 200 small- and mid-sized firms develop and implement strategies to manage their finances more effectively. David now focuses on the construction industry because, as he states, “I like the tangible product that contractors make. They take great pride in it, and you feel great playing a role to help make that happen.” David is a Certified Construction Industry Financial Professional (CCIFP®), and is surrounded by a team of professionals with deep experience in financial analysis, operations, business management, bookkeeping, and administrative support.
Instructions on Best Practice Processes and KPIs: Assisted by David Stern CFO, Inc. you will understand how to transition your business from “what we have been doing” to “what the best construction businesses do.” Through measured and timely guidance, you will reap the rewards as you execute and implement best practices within accounting and finance at your construction company.
"David’s keen vision of efficiencies, infrastructure, and best practices allowed us to quickly restructure. He took special care to really understand our business model, culture, and goals. Without his assistance, I would not have succeeded in repositioning my business.”
Carie Powell
Owner, AERIS Properties, Property Manager
Better Management of Financial Relationships: Through a partnership with David Stern CFO, Inc. your firm will have a strategic liaison who can expertly interact with bankers, attorneys, CPAs, insurance agents, and other parties—and also benefit from improved negotiations.
New Accountability within Your Office: When you partner with David Stern CFO, Inc., your team will be able to implement and manage goal setting, discuss shortcomings in sales and operations, and establish transformational business processes that will allow your company to move to the next level.
Planning Focused on the Future: David Stern CFO, Inc. will work with you to engage in both short and long-term planning, establish targets, define what success looks like, and then develop strategies that remove barriers, eliminate silos, and break down impediments that stand in the way of your success.
Accurate financial planning and analysis is crucial in making the informed decisions required at every stage of your business. Our service packages offer an affordable alternative to the expense of hiring a full-time employee. By partnering with David Stern CFO, Inc., you’ll get seasoned financial expertise at a fraction of the cost. In addition to our core services, David Stern CFO, Inc. also provides solutions to address special project needs as they may arise—meaning you only pay for the time you need, when you need it.
Does the prospect of working with David Stern CFO, Inc. sound intriguing?
A Proven Healthy Approach For Your Business
Meet Your Goals With These Data-Driven Solutions
David Stern CFO, Inc., knows that, as a construction business owner, you probably already have sales, operations, and financial goals in place. But what if David, through years of practice and experience, can help you translate your company’s business plan into a pathway that allows you to reach target goals.
By following proven, systematic methods, you will benefit from outsourced CFO support that speaks to your challenges, fits within your budget and promotes your future success.
You will gain the resources to monitor and improve your business performance using daily field reports, weekly production numbers reviews, KPIs, monthly financial statements, work in progress (WIP) reports, job debriefs and other data streams already being used by some of the most successful firms in the business.
We bring resources that you may be lacking presently — in a package that fits your budget — to implement improved financial strategy that helps your company achieve your targeted goals and objectives. Our goal is to help you efficiently face changes in the marketplace, better manage cash flow, improve and streamline systems, and confront economic fluctuations with more confidence to weather any storm.
“David has taught me more about the world of finance, business planning and strategy than I have learned from any other single source. Not only is he one of the best critical thinkers I have met, he is an excellent communicator.”
Jill Herrera
Business Operations Manager/Finance Director, Cycling '74
Let David Stern CFO, Inc., help you set up your strategy for financial success in 2021 and beyond.
Now is the time to take control of your construction company’s future. Contact the team at David Stern CFO, Inc. today and set up a personalized one-on-one consultation.
We are ready to become your partner to help you achieve success!
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