John Y Lafferty

Interim CFO

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john-lafferty

John Lafferty is founder of CFO-Pro. For more than 40 years, he has been a business advisor to corporate and privately held business enterprises, as well as private and corporate investors. He has a comprehensive background in dealing with seasoned entrepreneurs, start-up ventures, and emerging and mature businesses in a variety of industries.

Lafferty’s consulting expertise has evolved through many years spent in the accounting field, the venture capital arena, and consulting practices. He has a firm understanding of the fundamental aspects of many industries including manufacturing, distribution, construction, real estate development, high technology, and various types of service businesses. His strength lies in advising clients in strategy development, operations improvement, and revenue and margin enhancement. Lafferty’s grasp of how the operations, marketing and finance disciplines are interrelated provides him with the value-added advisory skill set integral to creating value in each of his clients’ respective operations.

The specialized services he provides include: virtual CFO services, development of revenue and operating expense models, preparing financing packages, advisory board services, implementing revisions to financial reporting systems, financial and operational analyses of proposed acquisition targets, and training in accounting and finance.

www.cfo-pro.com

SELECT INTERIM EXPERIENCE

Company Stage Focus: Early Stage, Turnaround/Distressed, Private, Family Owned

Interim CFO, HR Services Organization

On growth trajectory to double $10M to $20M in next three years

Interim CFO, Food Services

Sales from $12M to $26M in five years

Interim CFO, Food Services Organization

Units, sales and profits doubled in five year period

Interim CFO, Wholesale Distributor

Sales from $4M to $32M in four years.

Interim CFO, Travel Services Organization

Sales from $9M to $15M in three years; very tight cash position to cash surplus

ACCOMPLISHMENTS

• Managed cash flow from negative to positive – $800,000 improvement in first year.
• Developed metrics to measure financial and productivity trends to monitor and adjust pricing for services in a fast growth environment.
• Revamped financial reporting for CEO/Owner to highlight results and trends for taking action on issues.
• Brought focus to margins and cash flow for CEO/Owner who needed to grow the business.
• Built financial model for CEO/Owner to determine rate of sales growth without needing outside funding.

CREDENTIALS/EDUCATION

• BSBA – Accounting, Bradley University
• MBA, Northeastern University
• CPA, Illinois CPA Society
• 2014 CFO of the Year Award

Years Executive Experience: (25+)
# Interim Roles (20+)
Company Size: ($5M-$20M)

SPECIALTIES:
• Financial Analysis
• Budget, Cost & Internal Controls
• Business Valuation
• Distress
• Acquisition Integration
• Pricing Strategies
• Sales Forecasting
• Process Improvement
• Operations – Cost

INDUSTRY EXPERIENCE
• Business Services
• Construction
• Engineering
• Environmental Services
• Exit Planning
• Food Service
• Information Services
• Manufacturing
• Professional Services
• Restaurant and Hospitality
• Turnaround
• Wholesale/Distributors