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Rent a CFO The movie "Jerry Maguire" used the catch phrase "Show me the money!" to great comic relief. But, when spoken by banking or lending officers, these words can evoke panic in the hearts of small business owners looking for a cash infusion to expand their companies. Often, even successful entrepreneurs are sent home empty-handed because their financial statements simply aren't in order, and they don't appear credit-worthy. That's usually when they start wishing they had a chief financial officer on board... To view full article in PDF format, click here.
Financial Expertise Whether you're trying to maximize cash flow or handle a tough tax issue, you may need the expertise of a chief financial officer (CFO). But what if your company doesn't have the budget for a full-time person or someone with the know-how you need? The answer may be a part-time CFO, says Brad Martyn, president of Focus Business Solutions (FBS) in Westerville... To view the full article in PDF format, click here.
Can A Part-Time CFO Upgrade Your Firm's Finances? Interested in hiring a top-flight certified financial officer (CFO), but can't afford the hefty salary and benefits? Try outsourcing to a part-time CFO. Independent contracting and outsourcing of financial management functions is becoming common in today's changing business environment... To view the full article in PDF format, click here.
Nation's Restaurant News It's a dilemma that executives at nearly every restaurant company face as they develop their businesses from ideas into expanding chains: When should a fulltime chief financial officer be hired? The simple answer is when the benefits outweigh the costs. What isn't so simple is determining when that is. While it's easy enough to ascertain the compensation costs of hiring a seasoned CFO, the benefits of adding one to your management team may not seem so readily apparent... To view the full article in PDF format, click here.
The Rent-To-Own CFO Program Think you can't afford to bring on a CFO? No problem: Rent one instead. Arni Halling always considered himself pretty handy with numbers. So in 1998, when his stepdaughter Christine Dimmick asked him to oversee finances at her New York City home products start-up, Good Home Co., Halling, a marketing consultant and former director of consumer promotions for Disney, figured he was up to the job. He certainly had what it took to create a basic accounting and bookkeeping system and get Good Home set up on QuickBooks... To view the full article in PDF format, click here. |
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