The On-Demand CFO as a Partner: The Benefits of Hiring an On-Demand CFO on an Ongoing Basis

An advisory client reached out to engage me on an ongoing basis as his company’s on-demand CFO.

When I asked what triggered his call, he replied, “We have our financials in place, and now we want to start looking forward by putting real budgets in place and we want someone dedicated to be part of the team and drive the financial process forward as we grow.”

#Entrepreneurs, does that sound familiar? If so, then it may be time to add an on-demand CFO to your team. An on demand CFO is not full-time, which is a cost effective way to get the financial expertise you need as your company grows.

An on-demand CFO can partner with you to implement a financial management system that:

✔ Puts the right people in place so financial information is timely and accurate.

✔ Optimizes cash inflows and outflows.

✔ Provides a road map to short and long-term financial goals.

✔ Tracks key performance indicators to measure progress towards goals.

✔ Projects financial resources needed to fund company growth.

✔ Helps you get the external financing - debt and/or equity - for much needed liquidity