According to the Wall Street Journal, 60-80% of business owners don’t know what their financial statements are telling them. I know what you’re thinking. “That’s not me.”
The Chief Financial Officer (CFO) of a company has a highly practical role that includes not only financial analysis and strategic planning, but operational results as well. Since everything that happens in a company flows down to the financials, the CFO is in a unique position to find places for financial improvement in every part of a company. Market and budget evaluation along with complex financial reporting is an essential part of a CFO’s role. Because of their insight into all areas of the company, the right CFO will also provide organizational leadership that enhances value and improves performance.
Not every company has the CFO role properly filled, however. Whether your business does not have the need or resources for a full-time CFO, or you are in between CFOs, it is critical that you do not ignore this important leadership role. You can always consider hiring a part-time CFO to meet your needs.
CFO Simplified knows that the needs of every small to mid-sized business varies significantly. Whether you need someone to be the CFO temporarily, need part-time CFO services, or need help recruiting a new CFO, we can help. Our fractional CFOs are dedicated to improving the financial outlook and strategy of every business we serve, including providing leadership in your organization as needed. Contact us today to discuss our services.
Our CFOs provide more than technical financial reporting and analysis. We can provide leadership in many ways, including:
There are many ways that having a competent and confident leader in the CFO role can add value to your enterprise, such as:
While the practical services of a CFO can help pave a path to success, it is also important for a part-time CFO to serve a leadership role and help instill confidence in stakeholders, directors, and more. Our fractional CFOs are highly skilled at analysis and strategy, as well as reporting and presenting complex financial information and recommendations to the company.
When you need a part-time CFO who can add value to your business in many different ways, you should contact CFO Simplified. Our CFOs help companies in many different industries and markets succeed, so please don’t wait to contact us for more information.
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