CFO Consulting Services 

Elevate Your
Financial Strategy &
Overcome Challenges

  • Accelerate Growth, Resolve Challenges, & Profits 

  • Eliminate guessing and rash decision; find stable, steady financial ground and grow from there

Whitwell CFO partners work with you and your team to develop a game plan for the myriad of strategic, financial, and business challenges you face. Such as…

Challenges I Solve

Improving
Cash Flow

If you have tight margins, high expenses, inventory tying up cash flow, or high accounts receivable—we can help.

Preparing for an Exit

Whitwell CFO can help you prepare for a merger, acquisition, or exit. We make the process go smoothly so you get the best deal possible for your situation.

Planning for the Short-Term & the Long-Term

Short or long-term forecasting and budgeting to help create a precise blueprint to help you get from where you are to where you want to go.

Managing Growth

Put the right systems in place to ensure your growth is healthy, profitable, and sustainable.

Raising Capital

Raising capital can be stressful—Whitwell CFO can help get you in the door and make the process go more smoothly.

Managing Financial Crisis

Navigate a financial downturn with the help of an experienced CFO and come out stronger than before.

Operational Efficiencies

Understanding and improving how your company is run for stronger and more sustainable financial success.

Developing KPI Dashboards

Considering a new product line or moving into a new territory? We can help you make the right decision.

Preparing for Merger or Acquisition

Assessing and upgrading the fiscal organization and addressing tax concerns for a successful transaction.

Surround Yourself With the Right Expertise

Decades of experience developing and implementing successful financial strategies

  • Experienced in working with $5 -30M companies

  • Experienced in numerous industries including Biotech, healthcare, software, advertising/media, and service related businesses.

  • A wealth of experience, contacts, and complementary skill sets from finance, operations, sales, technology and data analysis.

Focused on Your Company Values

We don’t start with numbers and reports. We start by getting to know you and your company. Our focus is to understand your vision, so we can help you and your team get there.

Planning for a Bright Future

Expert analysis reveals what you need to start and stop doing to overcome issues and achieve new goals. Learn to identify and resolve symptoms of underperformance.

Guidance and Leadership for Results that Last

We go beyond basic problem-solving to create repeatable processes and financial procedures that will impact the long-term success of your company.

Help in Good Times and in Bad

Whitwell CFO acts as a key advisor for evaluating strategic opportunities for a business.

Managing Financial Crisis

Whitwell CFO can help you find solid financial footing—and help you stay there.

We assess the potential business impact of a crisis and work to use our wide breadth of experience to help you develop an effective mitigation plan.

  • Risk Management

  • Hedging Strategies

  • Cash management

Improving Cash Flow

Whitwell CFO are experts at strategizing spending, making cost cuts, analyzing contracts, and optimizing financial systems.

  • Significantly improve cash flow

  • Maximize profits

  • Develop and execute more predictable sales cycles

  • Cash flow report and cost management

Planning for the Short-Term & the Long-Term

Financial forecasting and budgeting makes your goals actionable and attainable. We proactively assess the financial health of a company, develop a financial strategy, and implement a plan to ensure a strong financial future.

We have developed hundreds of long and short-term financial forecasts for companies of all sizes & industries. A financial forecast can improve profit, cut costs, save waste, and help you achieve your growth goals faster & more efficiently.

Improving Operational Efficiencies - Dashboards

Whitwell CFO assesses the value of your existing support systems and relationships for the current and future needs of your company.

Based on an in-depth financial and operational analysis we help you make decisions about systems like bookkeeping, payroll, IT, insurance, retirement, etc.

We creates processes and procedures for new and existing operations and structures to scale your growth based on in-depth financial analysis

  • What are the key KPIs on your management teams’ dashboard?

  • What impact are your systems having on other parts of your business?

  • Have you outgrown some of your current systems?

  • Are there newer, more efficient solutions?

Reducing operational costs puts your company at an advantage.

Raising Capital

We bring experience and strategy to your organization. We have helped raise millions of dollars and are highly respected in the industry. We have worked on everything from $500K lines of credit to $20M of growth equity.

New Opportunities

Data analytics to help your company understand business performance and get insight to inform important decisions.

Managing Growth

Growth is good, but unsustainable growth can be a recipe for disaster.

Whitwell CFO helps you optimize your growth with strategies for cash flow management, supply chain management analysis, payment terms optimization, financial systems improvement, forecasting, budgeting, and more.

Developing KPI Dashboards

Successful new market entry can help your company achieve increased sales, brand awareness and business stability.

  • Market Analysis

  • Domestic Facilities Evaluation

  • Scaling Your Entry Strategy

Exit Planning

Developing a strategy that enables you to maximize your company’s value and leave on your own terms is critically important. A systematic approach, initiated in advance, will help you achieve your personal exit objectives and result in the most successful exit possible.

Preparing for an Exit

When preparing for an exit, you need to start acting like a public company—beginning with your financial reporting. Whitwell CFO brings invaluable experience with SEC reporting. And deal structure.

  • Evaluation of exit partners including brokers, lawyer and tax experts

  • Navigation through a roadshow

  • Launch of your offering

Preparing for Merger or Acquisition

Whether it’s a merger, acquisition or exit, Whitwell CFO can analyze opportunities, weigh risks and rewards, and help design a plan to get you where you want to go.

Types of Companies Whitwell CFO Works with

  • Small to mid-sized, $5M to $30M+, 20 – 100+ employees

  • Biotech, healthcare, technology, and service-driven businesses

  • Applying their financial acumen to each challenge or situation. The product or service may change, but the need for financial discipline, sound accounting, systems, and policies is constant across industries

How to Work with Your CFO

Organizations can utilize a CFO for a fraction of their time, whether hours or days, while still accessing top-level executive strategy and leadership.

Company owners and CEOs must carefully evaluate and specifically define what they want the CFO to accomplish for the organization. Working with Whitwell CFO ensures that you have access to not only the right experience and technical knowledge but also someone who puts your company’s vision and goals at the forefront of planning.

For companies not at a stage where they need a fully dedicated CFO, a Consulting CFO can be a great solution

A Consulting CFO can be used for a specific aspect such as financial projections and forecasting, mergers and acquisitions, financial controls, etc. or to bring their financial perspective and general experience to address issues and support the company and management team.

Whitwell CFO offers flexible consulting expertise from seasoned veterans, ready to integrate seamlessly into your finance team and provide instant value

  • Additional oversight for the controller and other accounting staff

  • Expert guidance without a full-time commitment

  • Flexible hours based on company needs

  • No employee benefits or perks required

  • Lower overhead expenses

  • Confidentiality assured

An outsourced chief financial officer (CFO) is an individual who has CFO experience and who helps organizations with their financial needs for a targeted number of days or hours per week; they are hired either on retainer or, more typically, on a contracted hourly basis. This is different from an interim CFO, who is typically brought in on a full-time basis for a period of time to fill a gap until the position is permanently filled.

  • Trying to avoid project work - long-term relationships

Case Studies

20%

Profit margin increase through a company-wide review to reduce overhead, eliminate outdated products, and limit product extensions.

$2M+

In income transitioned from a loss in 3 years through educating the Company’s management, monitoring results, and timely reporting.

$15M+

Raised in equity and debt to support business operations for several assisted clients.

6%

Profit increase squeezed from eliminating product lines, higher order quantities, and increased selling price. Evolved a struggling clinical biotech into a revenue-generating discovery organization.

About David Whitwell

David Whitwell is an operationally-focused financial executive with over thirty years of broad financial, accounting and management experience helping companies grow, improve profitability and increase cash flow. David has been the CFO for small entrepreneurial companies (Spirovant, Circa Healthcare, Versify Solutions Inc, InfoMC, Locus Pharmaceutical and Onpath Technologies), small public companies (Clean Diesel Technologies Inc) as well as Divisional CFO for large multi-billion entities (Primedia in NYC). He was Manager of Finance with Merck/Schering-Plough, and he started his career with Ernst & Young in public accounting. David has a diversified range of industry experience including biotech/pharmaceutical, software, technology, media/publishing, consumer products, and service.

Education and Community

David has a B.S. in Accounting from The Pennsylvania State University and an MBA from Lehigh University. He is a CPA and also was a certified management accountant.

David resides in Garnet Valley, Pennsylvania (between Wilmington, DE and Philadelphia) with his wife and two children. He is active in the community, volunteering at his children's school and sports teams.

David Whitwell

dwhitwell@WhitwellCFO.com