When Does My Business Need a CFO? - (00:39)
There’s a lot of companies that wait too long to hire a CFO, and maybe they don’t know what the CFO should do.
There’s a lot of companies that wait too long to hire a CFO, and maybe they don’t know what the CFO should do.
A CFO can be such a valuable partner, when the dynamics work well personally and professionally between the CEO and CFO.
What I’ve tried to do is target the CFOs and probably CFOs of three to five years, but then it’s also their direct reports. That’s who I think can benefit the most by our learning platform.
So you’ve had a bookkeeper, and they’ve been very effective, and you think they’re all you need. Think again.
Here’s how I define the roles of a CFO. There are four pillars: Accounting, Finance, Treasury, and Leadership.