OUTSOURCED CFO FOR FRISCO
Fractional CFO Frisco, TX: Finance Leadership for Growing Companies
When revenue, payroll and locations grow faster than your reports can explain, we add the CFO a bookkeeper was never meant to be.
Short answer: LUCI Financial Solutions provides fractional CFO services to Frisco, TX businesses that are growing faster than bookkeeping alone can explain. Founder LaTara Scott, MBA, who has 25+ years in accounting and financial operations, leads the work: cash flow management, financial analysis, dashboards, performance reporting and growth planning. You can get it inside our Scale tier, with the bookkeeping included, or as a standalone advisory engagement. We are based in Dallas-Fort Worth and work with Frisco owners virtually, for a fixed fee set in a written proposal.
Signs a Frisco company has outgrown bookkeeping-only support
Frisco has spent years among the fastest-growing cities in the country, and the clinics, contractors, agencies and service firms that moved into its new office and retail space often grow just as quickly. Bookkeeping records what already happened. It does not tell you what to do about a second site or a bigger payroll.
These are the usual signs that an outsourced CFO in Frisco belongs in the conversation:
- You opened, or are planning, another location and cannot see what each one earns.
- Payroll is rising ahead of collections and the bank balance keeps surprising you. Our guide to being profitable but short on cash explains why that happens.
- A lender, landlord or buyer has asked for projections, and last year's statements are all you have.
- Prices were set when the company was smaller, and nobody has tested them against today's costs.
- Statements arrive every month, yet no one sits down with you to say what they mean.
For a longer checklist, see the signs you have outgrown your bookkeeper.
Bookkeeping alone vs. bookkeeping with a fractional CFO
| Question you are asking | Bookkeeping alone | With a fractional CFO |
|---|---|---|
| What happened last month? | Reconciled accounts and reviewed monthly statements | The same statements, plus a meeting about what changed and why |
| Will cash cover payroll as we add staff? | Outside the scope | Cash flow monitored and analyzed for timing, risks and opportunities |
| Which numbers should I watch? | Standard financial statements | A dashboard of key metrics and trends chosen for your business |
| Should we hire, expand or change prices? | Outside the scope | Growth planning and advisory, with the options compared before you commit |
Bookkeeping stays the base under all of it. If yours needs attention first, start with our bookkeeping services for Frisco businesses.
What our outsourced CFO work covers for a Frisco business
- Strategic financial leadership. Ongoing oversight and guidance behind your budget, your forecast and your longer-range plans.
- Cash flow management. We watch and analyze cash so you know when money arrives, when it leaves and where the pressure points are.
- Financial analysis and insight. We interpret the results and explain them in plain terms, so decisions rest on data.
- Dashboards and key metrics. One decision-focused view of the measures, trends and performance indicators that matter to your company.
- Reporting and performance tracking. Regular reporting that follows performance over time and points out trends worth acting on.
- Growth planning and advisory. Support for decisions about pricing, investments and scaling on purpose.
The complete service description is on our fractional CFO services page.
Two ways to add a CFO, and how the fee is set
Scale tier. Scale is the top of our three monthly fixed-fee tiers. It includes monthly bookkeeping, senior review and reporting, plus a CFO-level partner and monthly strategy meetings. Growing companies usually choose it because one team then owns both the books and the advice.
Standalone advisory. If a bookkeeper or in-house accountant already gives you books you trust, we can take on the CFO work alone.
Either way, we start with a discovery call and send a fixed-fee proposal. The number depends on transaction volume, the accounts in scope, payroll, and how much reporting and strategy work you need. Onboarding is a separate one-time fixed fee and typically takes 2 to 4 weeks. You commit to three months at the start, and after that the engagement runs month to month. Our article on what drives fractional CFO cost goes through each factor, and how LUCI prices bookkeeping compares the three tiers.
A Dallas-Fort Worth team that works with Frisco owners virtually
We do not have a Frisco office, and you do not need to visit one. Your books and reports sit behind secure cloud access, and strategy meetings take place by video or phone. LaTara Scott leads the CFO work. Erin Marchbanks, our Senior Accountant, is part of the same team, so the figures behind each recommendation come from people who know your file.
Local details still count. Frisco businesses that collect sales tax charge a combined 8.25 percent, the Texas maximum, in both the Collin County and Denton County parts of the city, and returns are due on the 20th of the month after the reporting period ends. Payments like those belong in the cash picture next to payroll and rent.
Not sure a CFO is the right next step? Our free 7-question Financial Operations Assessment shows where your finance function stands. The $597 Financial Review & Assessment goes further: a 60-minute review of your QuickBooks file and a prioritized action plan that is yours to keep whether or not you hire us.
Frequently asked questions
Can I meet a fractional CFO in Frisco in person?
LUCI Financial Solutions works with Frisco companies virtually from the Dallas-Fort Worth area, so there is no Frisco office to visit. Strategy meetings are held by video or phone, and your reports are shared through secure cloud access. Owners can reach us at 214-233-5454 or [email protected].
My Frisco company is growing fast. When do I need a CFO and not just a bookkeeper?
A bookkeeper keeps the records accurate. A CFO helps you decide what to do next. Once you are weighing another location, larger payroll, financing or new pricing, and your monthly statements do not answer those questions, CFO-level support is worth a conversation. A discovery call with us is the quickest way to find out which level fits.
Can an outsourced CFO help me decide whether to open a second location?
Yes. Growth planning and advisory is part of the service. We look at your cash flow, your margins and the commitments a new location would add, then go through the options with you before you sign anything. The decision stays yours, and you make it with numbers in front of you.
What does an outsourced CFO cost for a Frisco business?
We do not publish a monthly price for CFO work. After a discovery call you receive a fixed-fee proposal based on transaction volume, accounts, payroll, and your reporting and strategy needs. Onboarding is quoted in the same proposal as a one-time fixed fee. The first three months are a commitment, and service is month to month from there.
Do my books have to be cleaned up before CFO work can start?
They need to be accurate, because planning built on wrong numbers is not useful. During onboarding, which typically takes 2 to 4 weeks, we review the books and set up reporting. If we find significant catch-up or cleanup work, you get a separate fixed-fee proposal before any of it begins.
Will LUCI work with the CPA who prepares my tax return?
Yes. The Scale tier includes coordination with your CPA and other advisors. LUCI itself is not a CPA firm. Ongoing clients who want tax work handled alongside their books can add tax preparation and planning, prepared by Katrina Lochocki, CPA, our Tax Strategist.
Bring a CFO into your Frisco growth plans
Tell us what is changing in your company: new people, new space, new financing. We will suggest the level of support that fits and follow up with a fixed-fee proposal. Call 214-233-5454 or email [email protected].
214-233-5454 · [email protected]