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Myth Buster: Do You Really Need a Full-Time CFO?

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
While a number of Los Angeles and Southern California business leaders believe they need a full-time CFO for their companies to achieve their full potential, this usually isn't the case.

For many small and mid-sized businesses with annual revenue under $100 million, a more cost-effective and efficient solution is to bring in an outsourced CFO on a part-time basis.

This article looks at the different capacities in which an outsourced CFO can deliver services along with how engaging one part-time can provide the benefits of a full-time CFO without the annual salary, benefits and overhead that accompany a full-time position.

Business owners and executives may want to consider engaging a part-time CFO to receive the high-level, strategic expertise they need for their companies to reach the next level of growth and profitability - at a fraction of the cost of hiring a full-time CFO.

You may be interested in our complimentary white paper that explores this topic in more detail:

CFO or Controller: What's Right for Your Business?

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