PREFERRED CFO

The Confidence of Knowing™

STARBURNS INDUSTRIES

Industry: Entertainment, Television, Film, & Podcasting

While serving as CFO for Starburns Industries, an independent television and film studio based in Burbank, California, Troy Skabelund, current Partner at Preferred CFO, completed a complete financial turnaround, bringing the company from only $700 in the bank to financial stability with an award-winning feature film and three television series with major networks.

SMART RHINO LABS

Industry: SaaS, Technology, & Transportation

Preferred CFO converted accounting from a cash basis to an accrual basis, developed internal financial talent, established a robust financial forecast, populated a comprehensive data room, and assisted senior executives in strategic analysis and deal evaluation. The result was more reliable financial reporting, improved financial visibility, and a successful exit with a well-aligned strategic partner.

ENERGY MANAGEMENT CORPORATION

Industry:  Electrical Equipment Manufacturing & Installation

Preferred CFO provided a dynamic interim CFO solution that helped to streamline their sales order completion times, reduce inventory write-off, and fully utilize existing accounting staff. Our CFO was able to work closely with Energy Management Corporation’s internal IT department to improve their home-grown ERP system.

DPS SKIS

Industry:  Sports Equipment Manufacturing

Through improved cost accounting and inventory management processes, DPS Skis has been empowered to make strategic decisions involving product introduction and retirement, fundraising, and manufacturing.

Blue Eye Monitoring

Industry:  Security & Asset Monitoring

Preferred CFO was brought in to support a new CEO in growing the business by implementing improved accounting processes, helping to raise debt and equity capital, and providing advice and analysis to the CEO and other investors.

Diversified Management Services

Industry:  Races & Events Entertainment

Size:  100-200 Employees

Prepared a robust process for financial projections, enabling the securing of a $1.5 Million debt facility. Additionally, as a parent company, client benefited from our expertise in improving consolidation process of their information into one single set of financial statements and forecast.