Why a Part-Time CFO?

Your business is changing rapidly and/or you are an ambitious owner
Revenues are generally over $2 million
You can't afford or don't need a full-time CFO
You need strategic and/or financial assistance to keep up with your growing or changing business

If you don't want or have the budget for a full-time CFO, you can benefit from having access to the expertise of a part-time CFO with their years of experience at less than the cost of a junior accountant
Your part-time CFO is available on an ongoing basis or in special "one-off" circumstances
Saves you time and decreases stress
Your part-time CFO can provide a "sanity check" or be your "sounding board" for ideas you cannot share with other people in the company
Eliminate cash-flow problems, identify cost saving opportunities, provide timely, easy to read management reports, assist to determine your exit strategy, secure funding, assist with creating business plans, understand and manage your company finances.....and many more

There are really only 3 main differences between a part-time and interim CFO:

Companies that engage an interim CFO are generally larger than companies with a part-time CFO
An interim CFO is usually hired when there is an unexpected departure by the previous full-time CFO or other senior finance personnel
An interim CFO normally works for the company on a full-time basis until a new full-time CFO can be hired

Other than that we have found the approach we use works in either situation

Accountants typically focus on minimizing taxes, compliance, are reactive and history based
CFO's are concerned with making money, commercially based, are proactive and advise what they believe you should do

Our 10 areas of focus ensures we consider all of the important areas a CFO is normally responsible for
As part of our assessment we will determine which are the urgent and important items to focus on and which items can wait