The CFO'S Perspective

CFO Selections Team

Recent Posts by CFO Selections Team:

4 Essentials When Conducting Due Diligence on a Prospective Client

 

Business owners find due diligence daunting because of the cost and time required to do it effectively. They worry that the conversation with potential clients will be awkward to initiate and the process difficult to execute, lengthening the buying cycle. Furthermore, they fret about the risk of losing prospects from their sales pipelines, reducing overall conversion rates. However, the benefits far outweigh the risks of doing due diligence.

Topics: Risk Management Due Diligence

Spotlight on Remarkable: Fran’s Chocolates – From an Idea to the White House

Chocolate is for sale everywhere. Consumers can purchase it ready to eat at their local grocery stores or over the internet. They can buy it in a variety of forms for use in creating their own culinary delights. They have a vast selection of price and quality from which to choose. 

So, what did it take for one more company making chocolates to achieve the impressive success of Fran’s Chocolates? What was so special about the confections that started as giveaways to customers buying other products to something that a President of the United States chose to give as gifts to visitors to the White House? 

Topics: Company Culture Company Spotlight Success Story

“Do you need a CFO with specific industry experience?”

To answer a question we receive frequently, we turned to our team of CFOs for their insights. We received plenty of feedback about whether a company needs a CFO with industry experience from the CFO Selections team.  The depth and diversity of experience in the CFO Selections team again proves to be an excellent resource.

Read a sample of perspectives from CFOs who have decades of experience:

Topics: Recruiting CFO Hiring Planning

WSJ Story: Positive Trends for Charitable Contributions & Demand for CFOs

Recently a WSJ story shows the trend of more finance directors moving from corporate America to nonprofits. Such a story can be both an inspiration and risky to those using it as a reference. Today we want to highlight the trend, the reasons, the challenges, and why we also celebrate.

Topics: Non Profit Organizations Trends CFO Responsibilities

Which is Better: A Freelancer or A Firm?

Organizations looking to outsource their financial needs often wonder who is best qualified to handle the intricacies of their business operations.

With the multitude of options available the landscape of potential financial solutions is vast. Factor in the solutions catered specifically towards SMBs, local businesses, privately-held businesses, and businesses in designated industries and the result is an overwhelming sea of possibilities. Within these choices are two distinctly different options – freelancers and firms.

Business owners tend to struggle with determining which type of provider will best suit their needs. Will a solopreneur or freelance CPA-CFO be sufficient? Or is a larger firm a better option?

Topics: Recruiting Hiring Planning