Common Signs You May Need a CFO
Common issues to be addressed
Difficulty making good financial decisions due to:
- Lack of accurate, timely, useful data
- Weak financial processes/disciplines
- Inaccurate/inadequate analysis of current activity
- No “Future Focus” – planning & projecting the future & eliminating surprises
- Lacking a competent, objective “sounding board” for Strategic Planning
Common signs that a Business may need a CFO
- Cash planning & cash management problems
- Indecision/Uncertainty
- Underperforming Businesses
- Erratic Financial Results
- Business has grown beyond your financial staff’s expertise