ARE YOU WONDERING WHAT A…

PART-TIME CFO CAN DO FOR YOU?

HERE ARE SIX OF THE MOST IMPORTANT CONTRIBUTIONS

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REASON #1

Insure the company’s books are in order.

This is the primary CFO role. A part-time CFO will review and correct any problems with the Company’s day to day bookkeeping procedures. Bringing on a part-time CFO can dramatically reduce a company’s audit and regulatory risk.

REASON #2

Earlier access to CFO level expertise in the company’s life.

There is no need to wait until the business is able to support a full-time CFO. Hire a part-time CFO and benefit from their advice and knowledge today. Put better financial habits and procedures in place much earlier in a company’s life.

REASON #3

Much more cost effective.

Transform the finance function of your company from a fixed cost to a variable cost by only engaging a CFO when the situation demands it.

REASON #4

Better cash flow management.

Is your company “profitable” yet seemingly strapped for cash? Are you getting the most from your financials? A part-time CFO can review and explain all your company’s numbers to you and provide the guidance needed to improve your cash position. This will allow you to focus on those items which will most impact your bottom line.

REASON #5

Forecasting and budgeting.

Where will your company be in 5 years? Many business owners have an idea where they want to be, yet don’t even have a company roadmap in place for next year. A part-time CFO can provide the detailed budget and forecast you need to ensure your company is staying on track.

REASON #6

Exit strategy planning.

Many business owners have most of their net worth tied up in their company. Surprisingly, most of these owners haven’t yet developed a plan to “cash in” when the time is right. A part-time CFO can help develop an exit strategy plan for your business to ensure you receive top dollar at a time of your choosing.