CFO Options

What CFO Options does

CFO Options Inc. is a Chicago-based professional services firm founded in 2015 that provides fractional financial management to entrepreneurial and small-to-medium-sized businesses. The firm's core offering consists of fractional Chief Financial Officer, Controller, Accountant, and Financial Analyst services, supplemented by add-on modules covering strategic planning, budgeting and forecasting, 13-week cash flow forecasting, gross margin analysis, capital raising support, M&A advisory, commission and incentive plan design, and cost reduction consulting. Target clients are typically companies in the $1M-$35M revenue range that require senior financial leadership but cannot justify a full-time CFO hire.

The business operates on a professional-services revenue model with engagement-based, quote-priced fees; no public pricing or rate card is disclosed. Service delivery is built around experienced practitioners led by founder Larry Levy, with named fractional resources including Geoff Schleitin. The firm works inside client accounting environments, with QuickBooks Online identified as a primary platform, and serves clients nationally from its Chicago headquarters.

Go-to-market is relationship-led and referral-driven. The firm states explicitly that a large portion of new business arrives via referrals, supported by a dedicated referral networking page, a content-marketing engine (blog dated 2017-2023 covering budgeting, profitability, inflation, M&A, and recession planning), and an email newsletter. Direct engagement is initiated via website, email, or phone. The company is independently operated with no disclosed external funding, parent company, or institutional ownership.

Name

CFO Options

Legal name

CFO Options Inc.

Website

https://cfooptionsinc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

CFO Options is a Chicago-based fractional financial management firm founded in 2015 that serves entrepreneurs and small-to-medium-sized businesses needing CFO-level expertise without a full-time hire. It delivers fractional CFO, Controller, accounting, and financial analyst services plus M&A, capital raising, and forecasting modules via a referral-led model.

Ownership category

akta.pro rank

Product category

Fractional CFO and Financial Advisory Services

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Finance Services (6199)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

Keywords

• Fractional CFO services
• Outsourced financial management
• Small business accounting
• Financial strategy consulting
• M&A advisory services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Fractional CFO Services: The company provides fractional Chief Financial Officer services, supplementing client teams with part-time or project-based CFO, Controller, Accountant, and Financial Analyst resources. Revenue is generated through professional services fees charged for financial advisory, strategic planning, budgeting, forecasting, M&A support, and financial reporting engagements.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

CFO Options provides fractional CFO, Controller, Accountant, and Financial Analyst services to entrepreneurial companies and small/mid-market businesses that need senior financial leadership without the cost of a full-time hire. Its offerings are supplemented with specialized advisory services including strategic planning, budgeting and forecasting, cash flow management, margin analysis, capital raising, M&A advisory, commission plan design, and cost reduction consulting.

Product overview

CFO Options is a fractional CFO services company offering a comprehensive suite of financial management and advisory services. The core offering consists of fractional CFO, Controller, Accountant, and Financial Analyst services that can be mixed and matched based on client needs. These core services are supplemented with specialized modules including strategic planning, budgeting and forecasting, cash flow management, margin analysis, capital raising support, M&A advisory, commission plan design, and cost reduction consulting. The company positions itself as an outsourced financial department that scales with growing entrepreneurial companies, providing senior financial leadership without the full-time hire.

Differentiator

Problem solved

Functional benefit

Products and services

• Fractional CFO Services
• Controller Services
• Accounting and Bookkeeping Services
• Financial Analyst Services
• Strategic Planning
• Budgeting and Financial Forecasting
• Cash Flow Forecasting and Management
• Margin Analysis and Improvement
• Capital Raising Support
• Merger, Acquisition and Exit Advisory
• Commission and Incentive Plan Design
• Cost Reduction Consulting

Quantifiable outcome

• Operating profits increased 800% for one client through gross margin focus, overhead control, and two acquisitions
• +5 more outcomes

Named customers19 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Paro: Paro is an AI-enabled marketplace that matches companies with fractional finance, accounting, and strategy talent. It addresses the same buyer need (access to senior finance expertise without a full-time hire) but through a tech-enabled marketplace model rather than a traditional professional services firm.

Broad incumbents

• BDO USA: BDO USA is a major accounting and advisory firm with a dedicated CFO advisory practice serving growth-stage and mid-market clients. As a broad incumbent, it overlaps with CFO Options in M&A advisory, financial modeling, and outsourced finance leadership mandates.
• Cherry Bekaert: Cherry Bekaert is a top-30 US accounting and advisory firm offering outsourced CFO, transaction advisory, and growth advisory services. It competes with CFO Options for mid-market finance advisory mandates while also serving larger enterprise clients.
• Baker Tilly US: Baker Tilly is a top-10 US accounting and advisory firm offering CFO advisory, transaction advisory, and outsourced finance services. While not a fractional CFO specialist, it competes for the same mid-market finance advisory work as CFO Options and represents the scaled-incumbent alternative.

Direct peers

• CFO Strategic Partners: CFO Strategic Partners is a Florida-based fractional CFO firm serving SMB and mid-market companies. Its service offerings (CFO advisory, M&A support, financial modeling) closely overlap with CFO Options, making it a direct competitor in the outsourced finance space.
• Supporting Strategies: Supporting Strategies provides outsourced bookkeeping, controller, and CFO services to small and mid-sized businesses across the US. Like CFO Options, it sells fractional finance leadership to growing companies, though it leans more heavily on the controller/bookkeeping end of the stack.
• B2B CFO: B2B CFO is the largest US fractional CFO firm, providing part-time CFO services to growing businesses that cannot afford a full-time CFO. It directly competes with CFO Options for the same target customer and uses a partner-based delivery model with a national footprint, making it the most comparable scaled peer.
• CFO Partners: CFO Partners provides fractional CFO and financial advisory services to growth-stage and middle-market companies. Its service mix and target customer closely align with CFO Options, putting them in direct competition for SMB and mid-market mandates.
• The CFO Centre: The CFO Centre is a global fractional CFO firm with offices in the US, UK, and beyond. It targets the same SMB segment needing senior financial leadership without a full-time hire, making it a direct international peer to CFO Options.

Regional players

• Kreischer Miller: Kreischer Miller is a Pennsylvania-based accounting and advisory firm with a fractional CFO and outsourced finance practice serving mid-Atlantic SMBs. Like CFO Options, it provides senior financial leadership to growing businesses but is concentrated in a different US region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cfo-options-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CFO Options