CFOs for Hire (part of the CPAs for Hire LLC network of professional services) was founded on the premise that many growing businesses have reached the point of needing a retained, in-house accounting and finance professional to help achieve their goals, but are not ready to take on the burden of a full-time CFO. With Part-time CFO Services, businesses can retain the expertise of a CFO, but scaled to their needs and budget. Part-time CFO Services is affordable and will generally pay for itself or more in net savings due to a focus on savings strategies and avoidance of costly compliance penalties and interest. Some benefits that business owners experience when hiring a part-time CFO through CFOs for Hire: • More time to focus on customers, business development and other core business matters • A quality network of banks, insurance advisors, and preferred vendors as needs arise • Back office solutions that solve problems, reduce expenses and improve cash flow/profitability • A process expert that can offer practical, sustainable solutions for improved controls/workflow • A liaison for all B2B relationships with the ability to negotiate the lowest fees and rates • Cash and debt management to optimize cash flow • Customized reporting and analysis that are useful in making decisions For larger companies with a full-time CFO, CFOs for Hire also offers a suite of CFO support services, including: • Interim CFO, for companies in CFO transition - Allows executive management the time necessary to choose the right person, which could take 6 to 12 months - During the 3-month integration period, CFOs for Hire will take a "fresh" look at processes and controls - CFOs for Hire will transfer knowledge to the new CFO once hired • CFO Support, for CFOs with projects that never seem to gain traction - Complex reconciliations - Process improvements • Backup CFO, for companies with a CFO nearing retirement - CFOs for Hire learns the role from the current CFO