The CFO

We call this simply The CFO. It is an additional layer for growing entities that need a higher touch with analysis, planning, banking, debt and cash management. We accomplish this through the remainder of our Restaurant Operating System.

• 05 — ACT: Manager intervention, corrective action, forecasting and profitability work

• 06 — PLAN: Growth, capital, debt, investors and long-term financial strategy

What does this look like to you? We take the financial results a step further and will work directly with the operations team to take corrective action. This can be as frequently as every few days. We create and put into motion a financial plan and budget that is a rolling 12 months forecast and then we monitor performance against it. We will provide feedback to the ops team and training on how to understand and take action from the financial reports. Additionally, we will work directly with your lending banks with respect to relationship management, compliance and covenant reporting and ensuring the lenders stay happy and remain ready to lend again when you need it. We also monitor and forecast cash flow at the daily level ensuring you remain aware of any potential potholes coming up along the path. Essentially, we try to make it simple for ownership and operations team by cutting through the noise and saying, look here. Fix these 3 things.

Key CFO Tasks: Forecasting • Budgeting • Profitability improvement • Store-manager financial training • Manager accountability • New-store modeling • Capital planning • Bank relationships • Debt sourcing • Investor reporting • Equity sourcing when warranted • Strategic advisory

What You Get

All Controller functions plus

Monthly / Quarterly

• Forecasting

• Budgeting

• Capex planning

• Cash planning

• Ownership reporting

• CFO strategy