CFO Services

You Get All the Benefits of In-house CFO Services…
At a Part-Time Price!

At some point, your business will reach a point where it would benefit from the advice of a full-time Chief Financial Officer, but you won’t quite be ready to spring for the six-figure price tag (plus bonuses and benefits) for those CFO services.
Congratulations if your business has reached this point!

We are pleased to be able to offer you the benefits of a CFO without the hefty price tag.

Our part-time CFO services provide you that valuable financial advice at a fraction of the cost – a perfect bridge for this stage of your Chicago company’s growth.

With Our Part-Time CFO services, You Get Support With…

Debt Management

We help you develop a clear plan for managing and reducing business debt so you can improve your cash flow and up your profitability. We’ll analyze existing debt structures, review interest costs, and identify refinancing opportunities that align with your long-term goals.

Financial Planning & Forecasting

From day-to-day operational budgets to long-term strategic planning, we’ll create financial models that help you see the impact of every decision before you make it. You’ll gain clarity on: your break-even points, profit margins, and cash runway.

Cash Flow & Profitability Analysis

Cash flow issues are usually the reason Chicago businesses that look successful on paper still feel stuck. We’ll help you get ahead of potential crunches by analyzing trends, managing payment timing, and optimizing how money moves through your business.

Risk Management

We’ll help you identify and minimize financial risks that could threaten your business, from inefficient spending to insurance gaps or tax exposure. We’ll build systems that make your business more resilient – so you’re ready for whatever comes.

Capital Structure & Funding Strategy

Thinking about expanding your Chicago business or making a major purchase? We’ll model various capital structures and funding options to help you understand the cost, risk, and potential return of each choice. You’ll have the data in your hands to make confident financing decisions.

KPI Tracking & Financial Dashboarding

We’ll help you identify the key performance indicators that really drive your business and set up visual dashboards. No more guessing based on “what’s in the bank.”

Support with Mergers & Acquisitions

If you’re considering merging with or acquiring another business, we’ll help you evaluate the financial health, structure the deal, and plan post-merger integration. We’ll make sure the numbers make sense before you commit.

How Godley Tax & Accounting, PC Can Help You

With our CFO advisory services, you get…

9

Confidence knowing an expert is overseeing and protecting the financial side of your business

9
More time to focus on growth, service, and your team — not spreadsheets and bank statements
9
A clear financial strategy tied directly to your business goals
9
Expert insight to guide tough business decisions and clarify your next steps
9
Improved cash management and forecasting for predictable growth
9
Profitability insights that help you understand which products or services drive your bottom line
9
Help training and managing your accounting staff, so your books stay accurate and up to date
9

Integration with your existing business tax compliance, owner tax planning, and monthly accounting routines

9
A partner to communicate with bankers, vendors, and advisors on your behalf
9
Practical guidance on long-term planning, capital management, and risk reduction

Let Us Take the Guesswork Out of Your Next Financial Decision

If you’re feeling the weight of running your business without a clear financial picture, we can help lighten that load.
Let’s talk about where your business is headed and how we can help you get there.

FAQs

What’s the difference between a CFO and an accountant?

An accountant manages your books and tax filings. A CFO helps you interpret that data to make strategic business decisions: forecasting, budgeting, risk management, and growth planning.

When should a small business consider CFO services?
When you’re making big financial decisions like hiring staff, taking on debt, expanding operations, or managing multiple revenue streams, but lack in-house financial expertise.
How does part-time CFO support differ from full-time CFO services?
You get access to the same strategic guidance, but on a fractional basis that fits your business size and budget. You only pay for the level of support you need.
How can CFO advisory services improve my cash flow?
We analyze patterns in your income and expenses and implement systems for better forecasting, budgeting, and collections.
Can CFO services help me prepare for a business loan or financing application?
Absolutely. We’ll review your financials and build projections to help present your business in the best possible light to lenders or investors.
Can CFO services help me get industry-specific insights?
Yes. We tailor our financial analysis and KPI tracking to your industry, helping you benchmark performance and identify growth opportunities.

Let Us Help:

Remote vs In Person Work Setup for Chicago Employers

Key TakeawaysRemote work can lower overhead, expand your hiring pool, and improve flexibility. But it can also create multi-state tax and payroll compliance issues. In-person work can improve training, supervision, and team cohesion, but it often comes with...

How Long Can Employers Keep Employee Records? A Record Retention Guide for Chicago Small Business Owners

Key TakeawaysHow long you keep a document depends on what it is, which law applies, and sometimes your state’s rules as well. A practical baseline is to keep general personnel records for at least two years, payroll tax records at least four years, benefits...

Customer Relationship Management Tools List For Chicago Small Business Owners

Key TakeawaysA CRM (Customer Relationship Management) tool centralizes leads, customer communication, and deal tracking in one platform. Most small businesses need a CRM when manual tracking leads to missed follow-ups or a lack of visibility into sales...

The Best Time Management Software for Your Chicago Small Business

Key TakeawaysEffective time management is about implementing scalable systems that reduce administrative friction, not micromanaging employees. Most businesses struggle in one of three specific areas: project management, time tracking, or scheduling. Avoid...

How to Choose Payroll Software for Your Chicago Small Business

Key TakeawaysThe best payroll software for a small business is the one that fits your worker mix, pay schedules, compliance needs, and how you expect the business to grow. At a minimum, your payroll system should automate calculations, support direct deposit,...

What Accounting Software Should I Use For My Chicago Business?

Key TakeawaysThe “best” accounting software is the one that matches your workflows, integrates cleanly with your other systems, and can grow with you. Integration quality matters more than feature quantity. If data doesn’t sync cleanly, your books won’t be...

How to Estimate Quarterly Tax Payments For Your Chicago Business

Key TakeawaysEstimated tax payments are required if you expect to owe at least $1,000 in federal tax after withholding and credits You generally must pay at least 90% of your current-year tax or 100% of last year’s tax (110% if last year’s AGI exceeded $150,000)...

The 5 Worst AI Mistakes Chicago Business Owners Should Avoid

Key TakeawaysNever automate high-stakes customer interactions entirely. Use AI to handle data gathering, but ensure a human handles emotional or complex resolutions to protect your brand reputation. AI output is only as reliable as your input. Clean and audit...

What Smart Chicago Owners Do When Using AI for Small Business Growth

Key Takeaways Small businesses often see faster financial returns from AI than large companies because they can change workflows quickly AI only works if you can tie it to measurable outcomes like cost savings, revenue growth, or capacity gains Time...

AI Productivity Hacks For Your Chicago Business

 Key TakeawaysAI provides the most immediate value when applied to existing business leaks like scheduling, invoicing, and slow customer response times Business owners can use AI as a high-speed data analyst to uncover profit margins, customer segments, and...

Ready to schedule an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!