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Financial
Jul 1, 2024

Are You Running Your Business, or Is It Running You?

Sponsored Content provided by Amy Sullivan - Fractional CFOO, Lumina Business Solutions, LLC

If you launched your own architectural business, you probably didn’t do it with the goal of spending time on bookkeeping. If you’re a lawyer, you probably didn’t go to law school so you could manage a law firm.
 
As a firm principal or nonprofit executive, you likely spend more wakeful nights worrying about the parts of your job that interest you least: personnel issues, technology and finances among them. Not only do these concerns take time away from your primary job – envisioning your organization’s future – but they can sap your energy and make work more of a grind.
 
Press that “refresh” button. Delegate. Bring in a partner who can look at your organization with fresh eyes and a portfolio of experience and can ultimately free you up to be the skilled lawyer, architect or nonprofit leader you want to be.
 
A fractional chief financial officer/chief operating officer service like Lumina Business Solutions brings depth of experience over a broad range of for-profit and non-profit organizations. We at Lumina help small as well as complex organizations optimize tax mitigation strategies, streamline processes, update with best practices and explore opportunities. Working closely with you, we identify what it will take for your business to achieve the growth you’ve projected and increase profitability. 
 
I know it’s difficult. As an entrepreneur, you’re accustomed to doing everything. But doing everything is exactly what’s keeping you from focusing on your zone of excellence. Once we assume those leadership responsibilities, you will see the organization’s metrics improve. 
 
With a fractional CFO/COO managing the nuts-and-bolts aspects of your organization, you can focus on the big picture. With data gleaned from improved systems and feedback from an experienced partner, you’ll be better equipped for strategic planning to fuel your organization’s goals and visions.
 
We predict, also, that your step will get lighter and you’ll have fewer sleepless nights.

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