Part-time finance leadership. A CPA-led CFO plans cash through the seasonal year, sets prices from real margins, and prepares the packages lenders and investors ask for.
For Broward companies that have outgrown their books. Marine, hospitality, logistics, construction, and professional firms whose decisions now need a forecast behind them.
Priced as a monthly scope. A flat monthly fee set by the work, with more time scheduled around a financing or an acquisition.
Corviniti provides fractional CFO services to companies in Fort Lauderdale and across Broward County. We meet clients at our Fort Lauderdale office by the Galleria, and the work is led from our office in downtown Miami by a CPA. A fractional CFO does the work of a chief financial officer part-time, and our team works in English and Spanish.
A hotel, a short-term rental, a restaurant, or a marine service business in Broward can earn most of its revenue in a few months of the year. For those companies the CFO work starts from the seasonal pattern: cash has to cover the slow months, and borrowing has to be arranged before they begin.
This page sits under Corviniti Accounting in Miami, our office in downtown Miami. That page covers Florida tax for South Florida businesses and for people who move to Florida, and links to the rest of our Florida coverage.
Cash flow
Planning cash for the summer months in Fort Lauderdale
We plan cash around the season from your own monthly figures, arrange a line of credit while revenue is strong, and update a 13-week cash flow every week. Sales tax collected in the busy months is paid after each filing period, which is the following month for a monthly filer, and property tax earns a 4 percent discount when it is paid in November. The chart follows an illustrative winter-season business through a year of month-end cash.
A seasonal cash plan with illustrative figures.
Capital
Bank and SBA loans, local programs, and equity investors in Broward
Three sources of capital in Broward. Confirm current program terms.
This is for you if
Cash runs short in the slow months every year.
You need a line of credit or an equipment loan and the lender wants projections.
You are buying or selling a company and need the earnings figure supported.
You have investors or a lender and need reporting they trust, on time.
What you get
A full-year cash plan A 13-week cash flow and a twelve-month forecast built on your own seasonal pattern.
Margin by unit Margin by job, vessel, property, or client, and the pricing that follows.
Lender and deal support Lender packages, diligence answers, and earnings analysis for a purchase or a sale.
Reporting A monthly or quarterly package for lenders and investors, with covenants tracked.
How We Help
What you get
Senior finance work, part-time, for a Broward company with a seasonal year.
A full-year cash planA 13-week cash flow and a twelve-month forecast built on your own seasonal pattern.
Margin by unitMargin by job, vessel, property, or client, and the pricing that follows.
Lender and deal supportLender packages, diligence answers, and earnings analysis for a purchase or a sale.
ReportingA monthly or quarterly package for lenders and investors, with covenants tracked.
When companies bring us in
Cash runs short in the slow months every year.
You need a line of credit or an equipment loan and the lender wants projections.
You are buying or selling a company and need the earnings figure supported.
You have investors or a lender and need reporting they trust, on time.
The Detail
The gaps, and how we close each one
Service 01
Cash planning for a seasonal business
A business that earns most of its revenue in a few months can have a profitable year and still be short of cash in the months between. A monthly profit report does not show when that happens.
How we handle it
We build a 13-week cash flow from the actual bank balance, updated every week, and a twelve-month forecast that follows your own seasonal pattern from prior years. Collections are timed by when customers actually pay, and each outflow sits on its date: payroll, rent, debt service, sales tax, tourist development tax where it applies, and the quarterly reemployment tax. The forecast shows the lowest balance of the year and the month it arrives. With that date known in advance, a line of credit can be arranged while the business is strong, inventory can be bought against real demand, and seasonal hiring can be matched to revenue.
What you get: A cash plan that shows the lowest balance of the year and the month it arrives.
Service 02
Margin by job, vessel, property, or client
An average margin across the business can hide work that loses money. It may be a type of repair job, a property, or a client priced years ago.
How we handle it
We calculate margin at the level the business is run: per job or per vessel for a marine service company, per property for a rental operator, per project for a contractor, and per client for a professional firm. Only costs that follow the unit are assigned to it. The result shows which work carries the business and which work it carries. We then change the pricing, the terms, or the mix, and rebuild the quoting model so new work is priced from real costs.
What you get: Margin by job, vessel, property, or client, and the pricing that follows.
Service 03
Lenders, investors, and capital for Broward companies
A bank, an SBA lender, or an investor asks for a defined package of materials. A company that cannot produce it on request loses time and negotiating position.
How we handle it
Broward companies borrow from community and national banks, through SBA 7(a) loans made by SBA lenders, and through SBA 504 loans made by Certified Development Companies with a bank, and equipment can be financed apart from the operating line. Equity comes from private equity, venture capital, and family office investors. Advice is available through the Florida Small Business Development Center Network. We build the model and the lender package, prepare the answers to diligence requests, and join the meetings. The same practice supports venture-backed and public companies through raises and transactions.
What you get: The lender package and the diligence answers, prepared in advance.
Short of cash every summer? Build the full-year plan before the next slow season.
The price of a small company depends on the earnings figure the buyer and the seller agree on, and the seller's books are often not ready to support it.
How we handle it
On a purchase, we review the seller's books and tax returns, rebuild earnings from the bank records where the books are weak, and identify the adjustments a buyer should accept and the ones that should be questioned. On a sale, we prepare the company in advance: reconciled books, a clear list of owner expenses to add back, and financial statements a buyer's lender will accept. In both cases we model the deal's cash needs after closing, including debt payments, working capital, and the seasonal low point.
What you get: Earnings supported, adjustments tested, and the post-closing cash needs modeled.
Service 05
Board, investor, and lender reporting
A company with a lender or an outside investor owes them regular reporting, and a late or inconsistent package weakens the relationship.
How we handle it
We build the monthly or quarterly package your readers use: results against plan with a plain explanation of what changed, the cash position through the next seasonal low, and the covenant calculations a lender checks. It arrives on the same schedule every period. Covenants are tracked monthly, so a covenant problem is raised with the lender early.
What you get: A lender and investor package on a fixed schedule, with covenants tracked.
Service 06
When a fractional CFO makes sense, and when it does not
Many companies do not need a CFO yet, and we say so when that is the case.
How we handle it
A fractional CFO makes sense when a decision is large enough that a mistake is expensive: a financing, an acquisition, a new location, prices you suspect are too low, or cash that runs short every summer. It does not make sense if the business needs accurate books and a correct tax return first. That is a bookkeeping and accounting engagement at a much lower cost, and it comes first, because a forecast built on unreconciled books is unreliable.
What you get: A direct answer on whether you need a CFO yet.
FAQ
Frequently asked questions
What does a fractional CFO cost in Fort Lauderdale?
A flat monthly fee, well below the cost of a full-time CFO. The fee depends on whether you need a standing monthly schedule or a defined project, such as a financing, an acquisition, or a turnaround. We set the scope after one call and quote a specific number.
How is a fractional CFO different from our bookkeeper or accountant?
The bookkeeper and the accountant make sure the records are correct and the filings are made. The CFO uses those records to plan: cash through the year, pricing, borrowing, and the forecast behind each decision. We do all three, so the CFO work starts from reconciled books.
Can you help us get a loan or line of credit?
Yes. We prepare the financial statements, projections, and supporting schedules lenders ask for, and join the meetings with banks and SBA lenders. For a seasonal business we show the lender the full-year cash pattern, which supports the size and timing of a line of credit.
Do we need to come to your office?
No. Most of the work happens by video and shared files. We meet Broward clients at our Fort Lauderdale office by the Galleria when an in-person meeting is useful, and at our office in downtown Miami.
Do you work in Spanish?
Yes. Our team works in English and Spanish, with owners, managers, and finance staff alike.
Do you work with contractors and the trades?
Yes, in the CFO role. The numbers that run a contractor are backlog, gross margin per job, work in progress and over or under billings, and cash timing against progress payments and retainage. We build the job-level margin view and the cash forecast so you bid and staff off real numbers.
Do you work with medical and dental practices?
Yes, in the CFO role. The drivers are production per provider, the net collection rate against billed production, payer mix, and the economics of adding an operatory, a chair, or an associate. We model the expansion and the financing behind it.
Do you work with restaurants and cafes?
Yes, in the CFO role. Prime cost, food plus labor as a share of sales, is the number that decides a restaurant; we track it by location and period, model a new location or a menu change, and build the cash forecast around the slow season.
Do you work with e-commerce and retail businesses?
Yes, in the CFO role. The drivers are contribution margin after fees and shipping, customer acquisition cost against lifetime value, and inventory turns and the cash tied up in stock. We build the model that shows which channels and products actually fund the business.
Do you work with law firms and professional services?
Yes, in the CFO role. The drivers are realization and utilization, revenue per timekeeper, work in progress and collection speed, and the partner compensation math. We build the reporting a partner group depends on and the model behind a lateral hire or a new office.
Do you work with real estate investors and operators?
Yes, in the CFO role. The numbers are net operating income and cap rate per property, debt service coverage, and the cash and returns on an acquisition or a refinance. We build the model behind the deal and the reporting your lender and investors expect.
Sources & authorities
Primary sources for this page
Tourist development taxes.Form DR-15TDT: each county's tax on short-term rentals, and which counties collect it themselves.
Reemployment tax.Florida reemployment tax: the 2.7 percent rate for new employers on the first $7,000 of each employee's wages.
This page summarizes Florida, county, and federal tax rules for general information, and is not tax advice for your situation. Rates, exemption amounts, and thresholds change each year; confirm the current figures with the authority before you rely on them.
