Part-time CFO

Striking the balance between growing quickly and not depleting capital resources needed for the future is a battle that every business owner knows. Focus too much on the future and you’ll miss the small things that will have a big impact later. Rely on historical bookkeeping records and you might not be prepared to jump on the next hot opportunity.

To walk this tight rope effectively, you need to understand your business finances better than anything else. Your finances are the heartbeat and blood supply of your business. David Miller CPA delivers CFO services to make sure your business stays alive and is ready for next opportunity.

Financial Management

Financial Management is a vital activity in any organization. It is the process of planning, organizing, controlling, and monitoring financial resources with a view to achieve organizational goals and objectives. We can help you monitor key performance indicators to help you meet your goals. Proper management of an organization’s finances requires regular reviews to ensure efficient functioning. If finances are not properly dealt with an organization will face barriers that may have severe repercussions on its growth and development.

General Accounting Cycle

We offer ongoing services in addition to or in lieu of permanent staffing. Businesses need to close their accounting cycle on a periodic basis to gauge their performance and profitability. Without accurate and up to date financial statements, it is impossible to understand the true scope of your organization. We provide all services required to produce monthly, quarterly or annual financial statements, including basic bookkeeping, billing and collections, accounts payable, account reconciliation, assistance with cost cutting measures, and revenue and expense analysis.

Cash Flow Forecasting & Budgeting

While cash flow forecasts and budgets are different, they go hand in hand. Cash flows are the total amount of money being transferred into and out of a business, especially as it affects liquidity. A budget details what will be done with the actual finances for a specific period of time. A budget outlines the transactions the business expects to incur in a period regardless of when it is paid. Cash flow forecasts the amount of money a business expects to take in or out regardless of what period the revenues and expenses are for. This subtle treatment effects timing. We can help you with that timing so you have funds to meet your financial obligations and don’t have unused funds being underutilized.

Business Infrastructure

With our wealth of experience working with small and emerging companies, we can provide you with proven solutions to organize and operate your company. You can count on us to build or reinvent your finance, accounting, and administrative aspects by offering services such as accounting system setup and training, payroll setup, management strategies, forecasting and budgeting and ongoing accounting and bookkeeping services. Our experience encompasses software companies, biotech, retail, scientific consulting services, value added resellers, and more.


Business need to develop important relationships with their stakeholders. Stakeholders can be banks, insurance companies, tax authorities, lawyers, investors, vendors, and customers. These relationships are vital to the growth and prosperity of the business. The business needs to exude trust and confidence in these relationships. We can help you prepare for meetings with your stake holders, or even join them. We can answer financial questions and make sure you get outcomes you are looking for.

Planning & Modeling

There are three key parts to planning and modeling: business plan development, pricing model development, and budgeting/forecasting system implementation. An important task in starting a new venture is to develop a business plan, which is a “road map” to guide the future of a business or venture. Once you have your business plan, you need a pricing model. Are you a luxury good charging a premium for your service? Are you an inelastic good whose demand is constant even as the price rises? Establishing where you want to be in the market can help you develop the most profitable pricing model. Once you develop the plan and the price, you need to implement them and manage them. We can help you each step of the way.

Tax Strategy

Taxes could very well be one of your largest business expenses, so it is important to develop a strategy. When many people think of tax strategy, they think of tax avoidance, which is not what we recommend. We recommend developing a strategy that minimizes the long-term impact of tax on a business while paying the correct amount of tax.

Aiming for tax avoidance leads many business leaders to have unrealistic expectations about the business liabilities. This will almost always catch up with them in time. Most likely through an audit, which will leave them in a worse position than if they had paid the taxes they were supposed to.

A good tax strategy looks at the business’s objectives and tries to find ways to compliment those objectives. A scientific research company will want to understand the research and development credit to make sure they qualify for it. A start-up incurring a lot of expenses wants to make sure they are able to carry their losses forward. An established business wants to plan their growth expenses over the years to make sure they have large deductions in years they have high revenues.

Regardless of your business size or plan, we can help you find a tax strategy that works for you. We can’t guarantee you will not pay taxes, but we can make sure you don’t pay more than you have to.