mikso
Junior Member
Posts: 15
Registered: 2-25-2023
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posted on 6-30-2026 at 01:18 PM
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What revenue size were you at when you first looked into construction CFO services?
Hey builders,
Quick question for the guys running mid-sized general contracting firms. We’ve been growing steadily, but managing cash flow between project draws
and keeping our Work-In-Progress (WIP) reporting accurate is becoming a full-time job. With material costs constantly bouncing around, I feel like our
actual project profitability is slipping through the cracks because our regular bookkeeper only tracks what's already been spent.
I was talking to a buddy who runs a commercial roofing outfit, and he said bringing in a financial strategist was a game-changer for his bidding
process and equipment financing. He suggested checking out construction CFO services here https://usfractionalcfo.com/industry/construction-cfo/ because
they apparently match you with executives who specifically know the construction business and WIP accounting, and you skip the huge agency
retainers.
At what point (revenue-wise or crew size) did you guys stop trying to do the heavy financial forecasting yourselves and bring in a part-time CFO?
Would appreciate any insights from those who have been through this growth phase!
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