Many small businesses are confused when choosing which financial help is best for their company - a bookkeeper, accountant, CFO, etc. The best answer for most small to mid sized companies is a part time CFO. Companies can benefit from all the experience of a CFO, without the added cost and commitment of hiring a full-time senior staff. They work with a company on an affordable, as-need basis; using a variety of financial planning tools to help map out your company's future. There are many benefits to hiring a part time CFO, such as:

1. Many are seasoned professionals with at least 20 yrs of experience in accounting and finance. They have overcome and learned from numerous challenges, have already experienced most problems your company faces and know how to help you run your business successfully. A part time CFO can help to test plans and strategies in financial models before risking your company.

2. As a member of your team, they use insightful, strategic solutions to help you reach your company's financial goals. They provide financial management at a significantly lower cost than hiring an in-house senior staff and should be seen not as an additional cost, but as a way to boost profits.

3. With accurate financial statements, a part time CFO helps empower business owners to better achieve their goals and control the direction their company is moving. With your financial situation made clearer, you can see exactly where you are now and decide on the future steps required. You can move forward confidently with a strong foundation under you, in the direction you want to go and be able to anticipate future needs before they occur.

4. Having accurate financial statements is critical when trying to obtain necessary cash from banks or other financial institutions. By creating accurate financial statements, a part time CFO can help you feel more confident in your control over your business. When a lender sees the owner knows exactly what is happening, they will have confidence in that business and be more apt to provide the working capital needed.

Experienced and thorough financial management is vital to building a successful business. Part time CFOs are skilled at enhancing and assessing your financial situation and offer advanced, affordable expertise. By working as a member of your team, they offer strategic solutions to help you move in the right direction for your growing business and achieve long-term goals, with lasting results.