As we were rapidly expanding, we were also spending a ton of money on salaries, marketing, and administrative expenses.
Even though we were bringing on more clients than ever before…
Our profit margins were thin and we almost had to take loans to pay our monthly bills. Put simply, we were “growing broke” as Verne Harnish explains in his book Scaling Up.
The problem was we had nobody on top of our financial statements. We had a bookkeeper. But, all they kept telling us to do was “cut expenses” with very limited insights.
WALKING OUR TALK– Our CFO service we provide is the key service lawyers NEED to rapidly grow their firms to multi-7- and 8-figure revenues. How do we know? Because it’s exactly what led to our success. Using a Fractional CFO is one of the reasons we’ve grown our company from $0 to $25M in just 5 short years.
And, since a real lawyer / CFO is in charge of the program, we have merged the best of both worlds to make this the most-valuable law firm specific Fractional CFO service in the industry.