Richard A Franco

Providing CFO services and Business Transition Services in Fort Wayne, IN

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About Richard

Richard A Franco

Fort Wayne, IN CFO

30 Years of Experience

Direct Contact

richardfranco@b2bcfo.com

(260) 633-0152

Universities:

Grace College

Indiana University - MBA

Certificates & Licenses:

Bachelors in Accounting

MBA

Indiana CPA - Inactive

Organizations:

Indiana CPA Society

Contact Richard Franco and receive a free Discovery Analysis™

  • A confidential meeting with the business owner(s), then interview company staff.
  • Look at the company’s financial information and computer systems.
  • Benchmark financial information against industry averages.
  • Create a confidential report of our findings in The Strategy Gameplan™







Richard’s Bio

Richard is a business professional with over 27 years of broad-based experience in financial and operational management, working as a Controller, Vice President of Finance, Associate Director, and Chief Financial Officer. Richard has worked in a variety of industries including heavy/highway, financial advisory, orthopedics, medical device job shop manufacturing, and agriculture/automotive job shop manufacturing. He has worked in small to large organizations with a variety of ownership structures such as private equity, SEC (International), family, and ESOPs. Richard considers himself a business man first and an accounting professional second. He has extensive experience in accounting, finance, information technology, risk management, and human resources and has the ability to identify problems, develop effective solutions, and reduce operating costs.

Richard's diverse industry experience includes managing in difficult economic conditions, high growth periods, low margin industries, and tight labor markets. Experienced in integrating and consolidating software systems, Richard can help lead organizations transitioning from basic accounting systems to more complex or wholly integrated processes and software. In particular, he understands the needs of a growing business and knows how to develop the procedures, policies, and controls necessary to protect company assets and improve financial reporting systems through organizational discipline.

Areas of expertise:

Executive

  • Strategic Planning
  • Organizational Restructuring
  • Turnarounds
  • Business Transition - Acquisition, Divestment, ESOP and related integration

Cash Management

  • Accounts receivable and accounts payable
  • Inventory reduction
  • Cost control

Operations

  • Job Cost
  • Margin Improvement
  • Inventory Control and Cycle Counting

Information Technology

  • ERP system implementation, consolidation and utilization
  • Management and training of IT staff

Human Resources

  • Benefit Plans
  • Management and training of Human Resource staff

Risk Management

  • Corporate insurance
  • Operational risk
  • Manage legal liability

Financial

  • Forecasting, Budgeting and Modeling
  • Improved credibility of financial reports intended for external and internal stakeholders
  • Management and training of Accounting staff

Richard brings a unique financial perspective to the business. He understands that financial reporting, analysis, and control are necessary means to achieving the desired results of maximizing profitable growth, with minimum investment, at reasonable risk, to maximize ownership value. He develops financial tools that are easily understood, in the context of the business for business leaders.

Richard holds a BS in Accounting, and a Master of Business Administration from Indiana University. In addition, Richard earned his CPA certificate from the State of Indiana in 1988.

A resident of Northern Indiana for over 34 years, Rich and his wife, Jo, have been married 34 years and live with one of their three children. In his spare time, he enjoys giving back to the community by serving on a couple of nonprofit boards, running, coaching soccer, and participating in family activities.

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Testimonials

 
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Recent Articles

B2B CFO® Partner, Richard Franco, meets with Talk Like TED author Carmine Gallo

At the B2B CFO®  Partners’ meeting in Phoenix, our keynote speaker was Carmine Gallo – author and public speaker.  Carmine Gallo, published the book Talk Like TED.  In his book, Carmine Gallo says that ideas are the true currency of the twenty-first century, so to succeed, you need to sell your ideas and yourself persuasively.  Talk Like TED will give you the tools to create presentations around the ideas that matter most to you, the skill to win over hearts

MudLOVE, A B2B CFO® Client, Making A Difference In The World’s Water Crisis

Congratulations to MudLOVE, a client of mine, for being highlighted in the March 22, 2017 Forbes Magazine article “10 Consumer Products Fighting the Global Water Crisis”.  MudLOVE, a B2B CFO®, located in Winona Lake and Warsaw, IN was listed as one of 10 companies whose products are making a difference in the World’s water crisis.  In the Fall of 2009, inside of a tiny garage, big dreams were becoming a reality. “With “mud” in our hands and love in our

Sep 8Richard Franco

U.S. Chamber of Commerce Names B2B CFO Among Nation’s Top 100 Small Businesses at the 2015 Small Business Summit

Sep 8Richard Franco

U.S. CHAMBER OF COMMERCE NAMES B2B CFO AMONG NATION’S TOP 100 SMALL BUSINESSES AT THE 2015 SMALL BUSINESS SUMMIT    B2B CFO’s Founder Jerry L. Mills brings top concerns of Small Business Owners and discusses Free Enterprise with members of Congress and Press   MESA, Ariz. [July 7, 2015] –    B2B CFO, the nation’s largest CFO and Exit Strategies firm for growth-oriented, privately held companies, was honored by the U.S. Chamber of Commerce with the prestigious  Blue Ribbon Award.  Selected