CFOs should be focused on the important responsibilities of the finance team. If the CFO is also doing day-to-day work, you are probably better off with a Part-Time CFO.
Some guidelines to consider when choosing between a part-time and full-time CFO:
Businesses with $2M – $20M in annual Revenue and/or between 10 and 100 employees are good candidates for a Part-Time CFO.
Our programs range from 1-day per month on the low end to 2-days per week on the higher end (unless there are short term projects that require additional support).
For businesses requiring more than 2 days per week of CFO-level involvement on a consistent, ongoing basis, a full-time CFO is probably more cost effective.
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