Our Process
How a Lucent CFO engagement works
Hiring a fractional CFO is an odd purchase. You cannot see the deliverable before you buy it, and most firms describe it in language that explains nothing.
So here is the whole thing. What happens, in what order, and what we need from you.
The first two conversations cost you nothing.
01
The discovery call
Thirty minutes. No cost and no slide deck. You tell us what is going on in the business. Cash feels tight. Margins moved the wrong way. A lender wants better reporting. A buyer called and you do not know what to say.
We will tell you honestly whether we can help. If we cannot, we will tell you who can.
02
The financial diagnostic
If it looks like a fit, we go into your numbers. This takes a few days, and it costs you nothing.
We work from two to three years of your financial statements, plus one call to fill in what the statements do not show. We do not need access to your accounting system.
We rebuild your recent history into something readable. Margin by job, location, or provider. Cash conversion. Where the money is actually going.
03
The scope call
We walk you through what we found. The good, the expensive, and the things nobody had looked at in a while.
Then we scope the work. If it is a fit on both sides, we sign an engagement here. Fixed monthly retainer, agreed before anything starts.
If it is not a fit, we shake hands and you keep everything you learned.
04
The first ninety days
This is integration. We get the right software in place, build out your budgeting and forecasting model, and stand up the cash flow templates and reporting we agreed on in the scope call.
Most owners feel the difference here. Not because the numbers have changed yet, but because they can finally see them.
05
The ongoing rhythm
Monthly close, monthly review call, quarterly planning. In between, we are reachable.
When a decision comes up, buying a truck, hiring a crew, taking a lender's offer, entertaining an unsolicited buyer, you have someone to run it past who already knows your numbers.
What it costs
The first two conversations are free. There is no charge for the diagnostic.
If we go forward, fractional CFO work runs on a fixed monthly retainer, from $2,000 to $15,000 per month. Where you land depends on scope and how much cleanup the books need up front.
Month to month, from the start. No annual contract and no lock-in.
Valuation and M&A work is quoted per engagement.
What we do not do
We are not your bookkeeper. We work with the one you have, or bring one in if you need it.
We are not your CPA. We work alongside them, and hand them cleaner books at year end.
Who this is for
Owner-operators doing $1M to $20M in revenue, in home services, medical and dental, and agriculture. Contractors, practices, farms and ranches.
If you are smaller than that, a good bookkeeper is usually enough. If you are larger, you are ready for a full-time CFO, and we will tell you so.
Common questions
What do you need from me to get started?
How long is a typical engagement?
Do you replace our bookkeeper or CPA?
What does the diagnostic cost?
Thirty minutes, no pitch. Just a straight conversation about where your numbers are.
Request Discovery Call