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BlackpeakCFO Fractional Controller & CFO
Serving Tennessee Businesses

Fractional CFO & Controller
Services in Tennessee

Tennessee has no tax on wage income, but the Franchise & Excise Tax — a dual levy combining a 6.5% excise tax on net earnings with a 0.25% franchise tax on net worth — creates substantial obligations for businesses. With Nashville's healthcare empire, a booming auto manufacturing sector, and the music industry, Tennessee's economy demands precise financial leadership. BlackpeakCFO delivers it, led by a CGMA with 24 years in professional finance.

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No contracts · Cancel anytime · From $3,995/mo

ACMA CGMA
Chartered Global Management Accountant
24 Years
Professional Finance · ACMA CGMA
$2B+
Assets under management experience

Why Tennessee Businesses Need a Fractional CFO

Franchise & Excise Tax Mastery

Tennessee's dual F&E tax combines a 6.5% excise tax on net earnings with a 0.25% franchise tax on the greater of net worth or real and tangible property. We optimize both components and apply available credits to minimize your total obligation.

No Wage Income Tax Advantage

Tennessee's lack of tax on wage income is a major draw for high-earning professionals and business owners. We structure compensation and distributions to maximize this advantage across your entire financial picture.

Healthcare Industry Leadership

Nashville is the nation's healthcare capital — home to HCA, Community Health Systems, and dozens of healthcare companies. We provide revenue-cycle management, M&A financial support, and health-system growth strategy.

Auto Manufacturing & Logistics

Nissan and GM operate major plants in Tennessee. We provide tier-1 and tier-2 supplier financial management, production cost accounting, and supply-chain optimization.

What You Get Each Month

Everything a full-time CFO delivers — without the $250K salary.

Management Accounts by the 5th

Full P&L, balance sheet, cash flow statement. US GAAP-compliant. Board-ready with variance commentary — not a raw trial balance.

KPI Dashboard

Revenue, gross margin, AR days, AP days, cash runway, burn rate. Updated live. Know where you stand before month-end.

13-Week Cash Flow Forecast

Rolling weekly cash forecast with scenario modelling. The document lenders and investors ask for — always current.

Tax & Compliance Oversight

We manage Tennessee's Franchise & Excise Tax — both the 6.5% excise component and the 0.25% franchise component — and financial strategy for healthcare, auto manufacturing, and entertainment businesses.

Monthly Strategy Call

45-minute call to review the numbers, flag risks, discuss opportunities. Like having a CFO in the room without the full-time overhead.

Budget vs. Actual Reporting

Monthly variance analysis so you know exactly where you're over or under plan — before it becomes a problem.

See the full deliverables list →

Tennessee Pricing

No contracts. No hidden fees. Cancel with 30 days' notice.

Controller
$3,995/mo

Monthly management accounts, bank reconciliation, compliance tracking

  • Management accounts by the 5th
  • P&L, balance sheet, cash flow
  • Bank & credit card reconciliation
  • Franchise & Excise Tax optimization
  • Monthly strategy call
  • Deadline & compliance tracking
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Most Popular
CFO
$5,995/mo

Full strategic CFO — for businesses scaling past $5M

  • Everything in Controller
  • KPI dashboard (live)
  • 13-week cash flow forecast
  • Budget vs. actual reporting
  • Board pack preparation
  • Fortnightly strategy calls
  • Sales-tax nexus analysis
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CFO + Strategic
$8,995/mo

Multi-entity, M&A-ready, investor reporting

  • Everything in CFO
  • Multi-entity consolidation
  • M&A due diligence support
  • Investor & lender reporting
  • Weekly strategy calls
  • Custom financial models
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Tennessee-Specific Compliance We Handle

Excise Tax

Tennessee's 6.5% excise tax on net earnings, including apportionment for multi-state businesses and available credit applications.

Franchise Tax

The 0.25% franchise tax on the greater of net worth or real and tangible property in Tennessee, with a $100 minimum.

Sales & Use Tax

Tennessee's 7% state sales tax — one of the highest — plus local components reaching 9.75%, with proper exemption management.

Business Tax

Tennessee's business tax (gross receipts tax) for certain business classifications, filed with local jurisdictions.

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Annual Report Filing

Filing the Tennessee annual report with the Secretary of State to maintain corporate good standing.

Industries We Serve in Tennessee

Healthcare

Nashville's HCA, CHS, Envision, and dozens of health companies make it the nation's healthcare capital. We provide revenue-cycle management, M&A financial support, and health-system strategy.

Auto Manufacturing

Nissan's Smyrna plant and GM's Spring Hill facility anchor auto manufacturing. We provide supplier financial management and production cost accounting.

Music & Entertainment

Nashville's music industry spans labels, publishing, and live events. We manage royalty accounting, artist-entity financials, and entertainment business strategy.

Logistics & Distribution

Memphis's FedEx hub and Nashville's location drive logistics. We manage fleet financials, warehouse cost optimization, and 3PL accounting.

Agriculture

Tennessee's cattle, tobacco, and soybean production is significant. We manage seasonal cash-flow planning and commodity-price risk.

Technology

Nashville's tech scene is growing rapidly. We support companies with fundraising strategy, burn-rate management, and investor-ready financial reporting.

Questions Tennessee Business Owners Ask

How does Tennessee's Franchise & Excise Tax work?

The F&E tax has two components: a 6.5% excise tax on net earnings and a 0.25% franchise tax on the greater of your Tennessee net worth or the book value of real and tangible property in Tennessee. Both are calculated independently. We optimize each component and apply credits to minimize your total liability.

Do I still need a CPA if I hire a fractional CFO?

Absolutely — and we work alongside your CPA rather than replacing them. Your CPA handles tax preparation and filing, while we provide strategic financial leadership, forecasting, and day-to-day financial oversight. Most clients find this combination delivers both compliance accuracy and forward-looking financial strategy.

What healthcare-specific services do you provide?

We provide revenue-cycle management, payer-contract financial analysis, M&A due diligence and integration, and growth-strategy financial modeling for Nashville's healthcare companies. Our experience spans hospitals, physician practices, and healthcare services companies.

What size company benefits from a fractional CFO?

Businesses generating $1M–$30M in revenue see the greatest impact. You need strategic financial leadership but may not justify a full-time CFO. Our fractional model fills that gap.

How quickly can you start?

Most engagements begin within two weeks of signing. We use a structured onboarding process to get up to speed on your financials, systems, and goals so we can deliver value from day one.

Tennessee Resources

Guide
Tennessee Franchise & Excise Tax Planning Guide for 2026
Read the guide →
Checklist
Tennessee Business Tax Compliance Checklist
Download now →
Insight
Financial Strategy for Nashville Healthcare Companies
Learn more →

Browse all articles →

Cities We Serve in Tennessee

Nashville →

Also Serving

Arkansas Kentucky Louisiana Mississippi West Virginia Texas Florida California

United Kingdom →

Ready to Get Your Tennessee Finances Under Control?

30-minute discovery call. We'll review your current setup, identify gaps, and show you exactly what your management accounts should look like. No pitch — just proof.

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