Is an external CFO right for my company?
An external CFO can be valuable for companies at various stages of development, especially those in need of financial expertise but unable to afford a full-time CFO.
What are the main benefits of hiring an external CFO?
Cost savings, access to deep knowledge and experience, an objective perspective, support in risk management and strategy.
How does an external CFO integrate with my current team?
The key is communication. Regular updates, meetings, and involving them in key strategic decisions will ensure smooth collaboration.
Does an external CFO only deal with finances?
While their primary role concerns finances, they often can provide valuable strategic and business insights, keeping in mind the overall strategy of the company.