Chris Hartshorn is a management consultant who partners with companies to resolve siloed growth by implementing alternative approaches. He performs consulting services for a Tulsa-based venture capital firm, where he focuses on increasing investment value through direct on-site engagement with the management team. As an Ernst & Young-trained CPA, Chris built and sold a tech company before becoming a fractional CFO.
Visionary entrepreneurs and CEOs often lack an adequate understanding of business financials, developing innovative ideas without considering the underlying costs. Fractional CFOs are trained professionals who create budgets and implement cost-saving strategies to help growing companies capitalize on their visions. What are the advantages of a CFO, and how can they streamline growth for your business?
As a CPA turned fractional CFO, Chris Hartshorn assesses organizations’ operational expenses, growth objectives, and projected ROI to structure an ideal budget. Budgeting promotes accountability and helps you identify key revenue generators and profit inhibitors. By having visibility into your financial structures, you can compare and prioritize investments and make informed decisions about profitable opportunities. Additionally, CFOs can equip entrepreneurs and other leaders with financial literacy. This allows you to raise capital by effectively communicating financial statements to potential investors.
Join Mat Zalk in today’s episode of The Same Day Podcast as he welcomes fractional CFO Chris Hartshorn to the show for a conversation about budget structuring and business financials. Chris details the differences between a C corp and an S corp, his financial literacy techniques, and how CFOs help businesses raise equity.