The San Fernando Valley Business Journal published an article a couple of days ago that validates the CFO Services that so many start-up, emerging, and medium-sized companies utilize.  Titled Businesses Lean on Outsourced CFOs During Down Times, the author highlights the benefits that an outsourced CFO can bring to a business, including helping them grow, avoid pitfalls, and solve short-term problems.

While I enjoyed the article, I disagree that the universal objective for each company is to out-grow its part-time CFO and ultimately hire a CFO on a full-time basis.  The reality is that a lot of companies may not grow to the size or complexity requisite of a full-time finance chief and the company can continue to leverage its outsourced CFO into perpetuity.  We refer to this as permanent part-time CFO services.

If a business owner, entrepreneur, founder, or CEO thinks they may be able to benefit from a CFO in their business, they can take our "Do You Need a CFO" Survey here.