There comes a time in the growth and evolution of every Small and Medium-Sized Business (SMB) when the need to hire a chief financial officer (CFO) occurs. According to a New York Times article, that tipping point often presents itself at $10-20 million in revenue. At this point, it is not enough for a CEO to depend on accountants and controllers to manage finances. In a growing company, there are performances to be tracked, projections to be made and strategies to be formulated. These are all roles of an experienced CFO.
Because this position is critical to a company’s success, it is important that SMBs set the bar high in the recruitment process.
Seek Candidates with Experience