Why Fractional CFO's Are Becoming So Popular
Why Fractional CFO's Are Becoming So Popular
Business today is getting more and more competitive and owners and managers must be able to watch their bottom line if they are to survive. Sometimes that's difficult if you are a smaller business and you need to do everything you can in order to grow.
Most larger businesses have a CFO to keep them on the right side of the cash equation. The problem with smaller businesses? They can't afford a top talent CFO, so they end up having a bookkeeper or their account perform those duties. Things slip through the cracks.
Today's episode is a different way for start-ups and smaller businesses to be able to not only keep tabs on their cash, but also cash planning and other items that larger companies can do - all at a "fraction" of the cost.
Today's guest is Patricia Tatro. Patricia has numerous years of experience as a controller at some of the larger companies in the US - she knows her stuff. She is now a "fractional CFO" and now divides her time and her team's time between several clients, allowing all to receive the benefits of a high caliber (and highly paid) CFO, without having to pay the high costs.
Patricia explains what it means to hire a Fractional CFO, how the process works, and payment arrangements. You may find that your company should consider having top talent at affordable rates to help your business grow.
If you need to contact Patricia, you can reach her at:
(612) 440-9186
ptatro@resolve-works.com
www.resolve-works.com
Listen To Our Other Episodes...
Questions About Transitioning Your Business or Practice?
Questions About Transitioning Your Business or Practice?
If you would like to have a conversation about the possibilities for your business or practice, just let us know. The consultation is just that - we'll get to know your business and together decide if now is the right time for you to either sell or find a financial partner so your business can achieve explosive business growth!