Why would I hire fractional CFO Services?There are many reas…
Why would I hire fractional CFO Services?
There are many reasons a small business would benefit from professional financial strategy. These include:
You are too busy to perform bookkeeping and accounting.
Forecasting has become too complex or too stressful.
You are entering a new market or pursuing vertical integration.
You are pivoting your business plan and results are yet uncertain.
You are bringing on new equity partners.
You are raising outside equity capital, or
You just closed an investment round and need to manage cash smartly.
Growth is limited by cash tied up in inventory or receivables.
You want to get new debt or refinance old debt.
You are thinking about merging or acquiring another business.
There are many more reasons to enlist fractional CFO services, so it’s best to discuss with an advisor, your board of directors, or a finance professional.