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signposts that will point you when you need to hire cfo services

4 Signs It’s Time to Hire an Outsourced CFO

By Mckenna Gustafson, blog writer at TOP CFOS

A full-time CFO can be expensive. With benefits, salary, and other costs, a full-time CFO can cost a company up to $200,000 per year. Most young and small businesses cannot afford to pay a CFO this much, so many businesses are jumping on board with the trend to hire a part-time CFO. An outsourced CFO provides the business the exact same benefits of a full-time CFO for a fraction of the cost.

When is the right time for your business to hire an outsourced CFO?

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