Financial Assessment

Most professional service business owners have never had someone sit down, look at their full financial picture, and tell them honestly what they see.

That's what the Financial Assessment is.

It's a structured, in-depth review of your business financials — designed to give you a clear, objective view of where your practice stands financially, where the gaps are, and where the highest-leverage opportunities are. It's not a sales pitch. It's a diagnostic. And for most business owners who go through it, it's the first time they've had real financial clarity about their business.

The Financial Assessment is the entry point for every LTP Advisory client relationship. It ensures that any ongoing engagement is grounded in a thorough understanding of your specific business — not assumptions.

Who This Is For

The Financial Assessment is the right next step if you are:

  • A professional service business owner with $400K or more in annual revenue who wants an honest, objective review of your business finances

  • Unsure whether your business is as profitable as it should be

  • Feeling like you lack visibility into your cash flow, margins, or financial trajectory

  • Considering a fractional CFO or business financial advisory relationship and want to understand what you'd actually be working on

  • Ready to look at your numbers clearly — even if what you find requires work

This is not a basic bookkeeping review. The Financial Assessment looks at your business at the strategic level — profitability, cash flow patterns, financial structure, and decision-making gaps.

What's Included

The Financial Assessment covers:

  • Revenue and profitability review — What your business is actually generating after costs, and where the margin is strongest and weakest

  • Cash flow analysis — How cash moves through your business, where the gaps are, and what's driving them

  • Expense structure review — Whether your current cost structure is aligned with your revenue and growth goals

  • Financial systems review — A look at what financial infrastructure is in place, what's missing, and what needs to be improved

  • Gap identification — A clear picture of the specific financial issues and opportunities in your business

  • Priority recommendations — Concrete, ranked recommendations for what to address first

FAQs

What is a Financial Assessment?

A Financial Assessment is a structured review of your business financials conducted by a business financial advisor. It covers revenue, profitability, cash flow, expenses, and financial systems — and results in a clear picture of where your business stands financially and what the highest-priority opportunities are.

What financial information do I need to provide?

Typically, the Financial Assessment draws on profit and loss statements, a balance sheet, and cash flow data — usually for the past one to two years. Henry will walk you through exactly what's needed after the Right Fit Meeting.

Is the Financial Assessment a commitment to an ongoing engagement?

"No. The Financial Assessment is a standalone step. After the Assessment Review, both you and Henry decide whether an ongoing engagement makes sense. There is no obligation to continue.

The Process

Step 1 — Right Fit Meeting A free 30-minute conversation to understand your business, your financial situation, and whether fractional CFO services are the right fit.

Step 2 — Financial Assessment A structured review of your business financials. This is where Henry builds a complete picture of your business — what's working, what isn't, and where the highest-impact opportunities are.

Step 3 — Assessment Review Henry walks you through the findings in plain language. You'll have a clear picture of your financial gaps and a specific sense of what ongoing fractional CFO support would address.

Step 4 — Ongoing Fractional CFO Engagement If there's a strong fit, Henry outlines the scope and structure of an ongoing engagement. Fractional CFO engagements run in six-month increments.

Investment

Engagements start at $1,497/month, structured as six-month partnerships. Exact investment is determined after the Financial Assessment, based on the scope and complexity of your business.

Ready to Get Started?

If you're a professional service business owner in West Los Angeles and you've been meaning to get a better handle on your finances, the Right Fit Meeting is the right first step.

Book Your Free Right Fit Meeting | Learn More About Our Services | Back to Home