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What is a Fractional CFO?

By FinancialFoothold | Sep 11, 2019 |

Let’s start with two basic questions: What is a fractional CFO and how can a fractional CFO help a small or medium sized business? A fractional CFO is an experienced finance professional who instead of working for just one company, divides their time among a series of client companies.  The day to day work of…

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5 Roles every Business should Outsource

By FinancialFoothold | Jun 3, 2019 | Comments Off on 5 Roles every Business should Outsource

Companies more than ever are adopting “lean” mindsets with the goal of lowering operational and labor costs while maximizing expertise. The outsourcing model allows companies to hire talent for only the hours needed to fill a particular role or achieve a goal. This helps companies fill roles or needs that they would not otherwise be…

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The Big Deal about Cash Flow

By FinancialFoothold | May 3, 2019 | Comments Off on The Big Deal about Cash Flow

What is Cash Flow and Why Is It So Important? Many financiers and business owners will agree that there is one four-letter word that is more important to a company than any other. C-A-S-H. Cash within a business is much like the waves of the ocean. It is constantly coming in and going back out.…

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Is my Company ready for a CFO?

By FinancialFoothold | Apr 3, 2019 | Comments Off on Is my Company ready for a CFO?

A CFO brings high-level knowledge and strategic expertise to an organization. A CFO’s primary role is to elevate financial strategy, streamline operations, trim fat, and maximize sustainable growth. But how do you know if your company is ready for a CFO? How do you know if your company is ready for a CFO? The easiest…

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