Fractional CFO
Services

At Midwest CPA, we offer fractional CFO services to give your business expert financial support without the need for a full-time CFO. This is perfect for small to mid-sized companies looking for help with budgeting, cash flow, financial planning, and reporting. 

Our fractional CFOs provide high-level financial guidance and support when you need it, helping you make smart decisions and drive growth, all while keeping costs manageable. With Midwest CPA, you get tailored financial expertise that fits your specific needs and budget.

How We Help

Acquisition entrepreneurs, founders, and private equity firms partner with a fractional CFO from Midwest CPA for help navigating key points in the life of their businesses. Whether it be periods of high growth, uncertainty, or M&A transactions Midwest CPA has you covered. 

Manage Cash Flow

Manage cash proactively to ensure liquidity and plan for growth.

Plan for the Future

Define success and create a financial plan towards achieving key objectives.

Improve Reporting

Strengthen financial understanding for key stakeholders.

Better Decision Making

Make smarter decisions with better data and stronger planning

Why Hire a Fractional CFO Instead of a Full-Time CFO?

As an acquisition entrepreneur, business owner, or leader in a private equity firm, you juggle numerous responsibilities. Midwest CPA offers a cost-effective and flexible solution with our fractional CFO services, providing top-tier financial expertise without the high costs of a full-time hire.

Here are some of the benefits of a fractional CFO vs a full time one:

  • Cost Efficiency
  • Flexibility and Scalability
  • Immediate Expertise
  • Access to Specialized Skills
  • Customized Solutions
  • Focus on Core Business Activities
From acquisition to exit, Midwest CPA helps entrepreneurs prosper. 
 

Our fractional CFO services can help you obtain 80% of the value of a full time CFO at a fraction of the cost.

Recent Articles From Midwest CPA

Customer Concentration Risk: Lessons from a Failed Acquisition

When buying a small business, financial red flags aren’t always obvious. Though commonly overlooked, customer concentration risk is one of the most dangerous red flags. We recently worked on a deal where the seller claimed their largest customer only accounted for 20% of revenue. But after a deeper dive in the quality of earnings (QoE) process, we uncovered that the real figure was over 60%. That discovery ultimately killed the deal.

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Cash vs. Accrual: The Importance of Revenue Recognition

When it comes to accounting methods, cash basis accounting is often favored by small business owners for its simplicity. Under this approach, revenue is only recognized when cash is received, and expenses are recorded when cash is actually paid. While easy to manage, this method can distort the financial picture by failing to align revenue and expenses with the periods they relate to, resulting in inconsistent, “lumpy” financials.

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What Determines Your Accounting Quote at Midwest CPA?

Starting or running a small business means balancing growth, cash flow, and operational priorities. One key partner in that journey is your accountant or CPA. 

Perhaps you’re just looking into your small business accounting options, or maybe you’ve already decided to check out our pricing guide to compare it with other options out there, and want to know why different firms charge so differently.

In this post, we’ll walk you through how Midwest CPA determines pricing for monthly accounting services. You’ll learn what drives the costs, what’s included in each of our service tiers, and why our fixed‑fee model offers clarity and consistency for business owners.

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