Hiring a part time CFO for your business
Growing businesses often reach a point where they need professional financial advice, but can't afford a full-time CFO or controller.
If you're fortunate enough to be in this position then we have the perfect solution for you. Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success.
The cost of hiring a full-time CFO can range from $60,000 to over $100,000 per year plus bonuses and benefits. Our Part-Time CFO services provides you with experienced support at a small fraction of that cost.
Benefits of hiring a part time CFO
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More time to focus on new services, new customers and other core business issues.
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Better understanding of the financial side of your business. So you have less surprises and more control over the money.
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Improved decision-making capabilities from clearly seeing the hard and true numbers of your business.
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A readily available sounding board to help you with those tough business decisions and help you clarify your business plans.
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The comfort from knowing that a professional is overseeing, protecting and constantly improving the financial side of your business.
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A professional who establishes strong financial controls in your business to reduce employee theft and increase profits.
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Training and managing your accounting staff.
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Improved quality and timeliness of financial information.
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Budget preparation and monitoring.
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Profitability analysis by service or product line.
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Tax saving strategies.
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Trend analysis.
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Assistance in defining long-range plans and the quantification of goals.
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Cash management.
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Liaison with bankers, attorneys, vendors, insurance agents, etc.
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Assistance in obtaining financing from banks, including assistance with negotiations.
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Review/negotiation of insurance policies.
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Development of company accounting procedure manuals.
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Analysis of equipment purchases, expansions, etc.
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Mergers and acquisitions assistance
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Custom designed collection policies and procedures