What If
A fractional CFO can assist businesses with many distinct or integrated services. The following provides brief descriptions of some of those services.
What If
On occasion we are faced with a business in financial difficulty deep enough that bolder steps need to be taken. We focus on turning around the financial woes of a business. This involves restructuring financing, possibly reducing staff and payroll costs and renegotiating financing and supplier accounts. We will structure a package that we will present to the various stakeholders and will explain the value they will receive if they accept the offer and the downside if they decline the offer. Should the business be in such difficulty that it has to formally take insolvency steps, we will assist the client to understand his or her rights along with all other professionals involved in the process.
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Partner, BDO Canada LLP
Senior Account Manager, RBC