At Michigan CFO Associates we focus on helping small businesses make better financial decision and grow their companies in healthy ways. We provide part-time or outsources CFO’s for businesses who need financial guidance but not the cost of a full-time CFO. We work with small growing companies in the $2-$20 million revenue range where our experienced CFO’s roll up their sleeves and work in a business on a part-time basis such as 1 or 2 days a week or 1 or 2 days a month, depending on their needs. Working closely with business owners we establish financial discipline, developing a written plan and help them make informed financial decisions such as “how large a building can I afford, how many employees do I need, and do I have the right financing to meet my growth plan? Working with an experienced CFO we’ve seen business grow in healthy ways where it’s possible to double or triple revenues and profits when the right financial systems, reporting and structure are in place. Here are the services we offer: • Part-time CFO• Financial management• Accounting management• Outsourced CFO• Fractional CFO• Business controllerBrian BachMichigan CFO AssociatesTHE CFO'S FOR SMALL BUSINESS 43230 Garfield RoadSuite 130Clinton Twp, MI 48038p: (586) 580-3285 x205c: (248) 563-7996f: (866) 570-3754BBach@MichiganCFO.com www.MichiganCFO.com

I was a full-time CFO at Colony Marine when the 2008 great recession hit. It was clear the business was shrinking and they could no longer afford, nor did they need, a full-time CFO so I decided to take another path into consulting.Throughout my career I always had a passion for working in a small business setting where I could be close to the action, involved in many areas and make a difference. My decision to go into consulting was fueled by a desire to share my knowledge so others would benefit from my experience.Here are the services I focused on for starting CFO Service LLC: • Part-time CFO• Financial management• Accounting management• Outsourced CFO• Fractional CFO• Business controllerHere is the value provided: • Improve Profits & Cash Flows – brings experience. • Provide an independent third party perspective – fresh perspective – will tell you like it is. • Strategic focus - move beyond a compliance and tax accounting perspective.• Accountability - keep you accountable and on task. • Communicate with multiple stakeholders clearly – board of directors, bankers or investors. • Restructure - existing loans, suppliers, partners.• Reduce Costs - skilled at finding areas where you can save. • Fix faster - engaging a CFO speeds up the time to fix things.• Cover all the bases – financial reporting, treasury duties, finance & investing and budget and forecasting. In 2011 I decided to merge my firm with Michigan CFO Associates to gain synergies and increase our market share.

$50 million family controlled powerboat dealership providing Sales and Service through 4 locations. Includes 2 related Marinas with 800 slips and 250,000 sq ft indoor storage ($4 million). • Newly created CFO position reporting to the President responsible for all Financial Areas, HR, Insurance and IT.• A key member of the executive team • Streamlined monthly closing process from 8 to 3 days• Aggressive bank negotiations on $35 million floor plan resulted in a ¼% rate reduction.• Shopped casualty insurance 26% reduction for 2006 renewal. • Locked in favorable 5 year fixed rate swap contracts• Upgraded IT infrastructure (server, network, workstations)• Aggressive phone and data management resulted in 15% savings.• Achieved operational costs reduction of 15% • Developed and implemented performance based compensation• Outsourced payroll and human resources functions resulting in $60,000 annual savings

$20 million family controlled holding company consisting of 4 home furnishings retail locations, ($10 million), in-plant and in-home carpet/rug/and upholstery cleaning services ($10 million), 2 real-estate partnerships and 1 vehicle leasing company.• Managed multiple accounting departments including consolidations and inter-company transactions. • Member of executive team involved in transition and grooming of 3rd generation management.• Negotiated a 15% rate reduction on $8 million mortgage and line of credit financing package. • Researched, selected and project managed installation of a 30 user ($200,000) GERS multi-store point-of-sale retail software and 25 user ($250,000) Service software using Navision. • Arranged SBA, construction and end-mortgage financing on a new $4 million showroom.• Outsourced payroll and human resources functions to leasing company resulting in $100,000 annual saving and improved benefits.