Comments on: Outsourced CFOs Help Businesses Grow and Avoid Pitfalls http://www.cfowise.com/part-time-cfo/outsourced-cfos-help-businesses-grow-and-avoid-pitfalls/ A CFO Perspective on Entrepreneurship, Small to Medium-Sized Business, Profitability and Cash Flow Wed, 10 Mar 2010 22:41:56 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ken Kaufman http://www.cfowise.com/part-time-cfo/outsourced-cfos-help-businesses-grow-and-avoid-pitfalls/comment-page-1/#comment-158 Ken Kaufman Thu, 22 Oct 2009 03:20:56 +0000 http://www.cfowise.com/?p=1795#comment-158 James, we'll keep producing content to that end. Thanks for your comment! James, we’ll keep producing content to that end. Thanks for your comment!

]]> By: James B. http://www.cfowise.com/part-time-cfo/outsourced-cfos-help-businesses-grow-and-avoid-pitfalls/comment-page-1/#comment-153 James B. Wed, 21 Oct 2009 09:09:40 +0000 http://www.cfowise.com/?p=1795#comment-153 Hi Ken, Another common mistake that a lot of small companies make is this - Overlooking the need to have a CFO. Hope to hear more from you on that topic so that I can refer some of our readers to your article. Hi Ken,
Another common mistake that a lot of small companies make is this – Overlooking the need to have a CFO. Hope to hear more from you on that topic so that I can refer some of our readers to your article.

]]> By: Fernando Labastida http://www.cfowise.com/part-time-cfo/outsourced-cfos-help-businesses-grow-and-avoid-pitfalls/comment-page-1/#comment-147 Fernando Labastida Mon, 19 Oct 2009 17:20:30 +0000 http://www.cfowise.com/?p=1795#comment-147 Ken, I agree with your take on the article. I was recently in Mexico visiting a 35 employee company. They had grown from 10 to 35 employees in the last year. They have no plans whatsoever of hiring a full-time CFO nor a full-time finance person. Their strategy for growth is to continue to focus on their core business (software systems integration), and hiring full-time employees that handle non-core but essential services is not a profitable proposition for them. I see it as a business necessity for lean businesses, not just for small businesses. One last thing: knowing all the metrics of your company is another key to growing your company. What doesn't get measured can't be improved. Cheers! Ken, I agree with your take on the article. I was recently in Mexico visiting a 35 employee company. They had grown from 10 to 35 employees in the last year. They have no plans whatsoever of hiring a full-time CFO nor a full-time finance person. Their strategy for growth is to continue to focus on their core business (software systems integration), and hiring full-time employees that handle non-core but essential services is not a profitable proposition for them. I see it as a business necessity for lean businesses, not just for small businesses.

One last thing: knowing all the metrics of your company is another key to growing your company. What doesn’t get measured can’t be improved.

Cheers!

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