Download - Adding Value As A Business Advisor
Adding Value as a Business Advisor
How CPAs & Chief Financial Officers can help Increase Profits, Cash Flow and Peace of Mind
www.DeWittCFO.com
Overview
What do business owners really want?
How are CPAs in public practice different from Chief Financial Officers employed by businesses?
How can each work together to give owners what they really want?
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Business Owners Want …
Happy banker, investor support
Lowest taxes
NO surprises, NO judgments
Sounding board / advice / ideas
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Outside CPAs in Public Practice
Focus is on audit, review, compilation
Remaining Independent for these services
Completing Tax & Audit Season
Adding value after Tax & Audit Season
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CFO’s inside Private Businesses
Focus on finding money – through increasing profits, cash flow, capital financing
Smooth coordination of key parts of the business
Partnering with CEO to carry out his/her vision for the company
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CPAs & CFOs work best together
When understand each other
When jointly diagnose business issues
When bring varied experience to bear on finding solutions
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Common Areas to Add Value
Business Success & Continuation
Income Tax Strategies
Assisting Children
Diagnosing “Safety Net” Weaknesses
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Resources on the Web
“Hiring a CPA – What You Should Know” http://www.cpadirectory.com/cpadirectory/professionalresources/details.cfm?id=257&pageid=161
“Resources – Information that Can Help You Build a Better Company” – a collection of articles about Chief Financial Officers and What Concerns Them http://www.dewittcfo.com/home/resources
www.DeWittCFO.com
DeWittCFO.comKenneth C. DeWitt, CPA
Works solely for private businesses
Works jointly with the client’s present CPA, not duplicating audit, assurance or tax work
See profile at www.linkedin.com/in/kennethdewitt
Visit website at www.DeWittCFO.com
www.DeWittCFO.com
DeWittCFO.comKenneth C. DeWitt, CPA
Works solely for private businesses
Works jointly with the client’s present CPA, not duplicating audit, assurance or tax work
See profile at www.linkedin.com/in/kennethdewitt
Visit website at www.DeWittCFO.com
