
Most growing shops hit a point where they need real financial leadership. But a full-time CFO costs six figures. That's what our fractional CFO service is for. On the Foreman package, a CPA who knows electrical work sits in your corner. We review your numbers each week and forecast your cash. Then we help you price, hire, and bond with confidence.
Each month, your CFO keeps you on top of the numbers that run a shop. You get a weekly scorecard with the KPIs that matter. Overhead recovery. Labor burden. Cost per man-hour. Margin per job. A 13-week cash forecast shows what's coming. A monthly strategy meeting plans crews, gear, and bids. Chasing bigger work? We back you up with your surety.
Our fractional CFO service is the top tier of how we work with electrical contractors across North and South Carolina. It builds on the clean books, job costing and WIP reporting already in your package — turning that data into decisions. This isn't generic advisory: it's a CPA who understands job costing, retainage, bonding and how electrical contractors really make money.
We keep your books current and your job costs right, every week. Then we turn them into a scorecard and forecast you can use. Each month we sit down with you. We check the plan, pressure-test your next bids, and map the cash and bond room you'll need. CFO-level clarity, without adding a six-figure salary to your overhead.
See our packages and pricingNot every electrical shop needs one. The honest test is whether decisions are getting expensive enough that guessing costs more than the fee.
You are probably ready if: you are carrying several jobs at once and cannot say which ones are actually making money; payroll week is a cash question rather than a routine; a general contractor is dangling work bigger than anything you have bonded before; you are weighing a second or third crew; or you have had a profitable year on paper and cannot find the cash.
You are probably not ready if: you are a one-truck shop with clean books and predictable service work, or your books are far enough behind that nobody could forecast from them yet. In that case start with bookkeeping and job costing, get a few clean months, and add CFO support when the decisions get bigger. We will tell you that on the call rather than sell you the top tier.
A weekly scorecard. The handful of numbers that decide whether this year works: overhead recovery, labor burden, cost per man-hour, margin per job, cash on hand, and unbilled work sitting in the field.
A 13-week cash forecast. Far enough ahead to see the squeeze coming while you can still do something about it, updated as jobs and collections move.
A monthly strategy meeting. A working session, not a report handoff. Hire or wait. Bid it or pass. Buy the van or finance it. Take the job with the slow-paying GC or let it go.
Bid pressure-testing. Before the number goes out, a licensed CPA checks the margin math and the scope you may have missed.
Bonding and banker support. Current WIP schedules and statements your surety trusts, plus help presenting backlog and cash position when you are asking for more capacity.
What does it cost? Fractional CFO support comes with the Foreman package, starting at $3,600 a month. The number moves with how many open jobs you carry, whether you run multiple entities, and how clean the starting point is. You will get a fixed monthly figure before you commit, not an hourly meter.
How is this different from what my CPA already does? Most CPAs file a return after the year is over. There is nothing wrong with that; it is just backward-looking. A fractional CFO works the year while you can still change the outcome, using books that are current this week rather than last spring.
Do I have to leave my current accountant? Usually yes, because the CFO work depends on the books being maintained the way it needs them. Job costing that is not built in from the start cannot be bolted on at year end.
How is this different from hiring a real CFO? A full-time construction CFO in the Carolinas is a $150,000 to $200,000 commitment with benefits, and most shops under $15M cannot keep one busy. You get the same judgment for the part of the month you actually need it.
Do you run our payroll? No. We do not process payroll or file payroll tax returns. We set your reasonable-compensation figure, code labor cost to the right jobs, and work alongside whichever payroll provider you already use.
How long before it is useful? The first clean scorecard usually lands inside 30 days. If a prior year needs cleanup first, expect 60 to 90 days before the forecast is worth trusting, and we will say so upfront.
Do you only work with electrical contractors? Yes. One trade, two states. Job costing, retainage and bonding are what we do all day, which is why we do not need you to explain how a rough-in draw works.
Fractional CFO Support
Fractional CFO support comes with the Foreman package, starting at $3,600 a month. You get a weekly scorecard and KPIs. A 13-week cash forecast. Monthly strategy meetings. Bonding support when you need it. Built for electrical shops roughly $2M and up, where the next bid or the next crew is a real decision.
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