Bookkeepers are not Accountants and Accountants are not CPA’s. CPA’s are not CFO’s, but some CFO’s are CPA’s. In this Podcast, Scott Belt, President and founder of Impact, talks about the difference between these roles and why is important for business owners and decision makers to understand these differences as they hire people to fill these positions.
Many business owners have the wrong perception that they cannot afford hiring a CFO, without realizing that they are hurting the business and preventing it from growing. This article from Inc.com describes why hiring a CFO might be the key to unleashing your business potential.
If you ever wondered why you need to hire a Chief financial officer I’ve found this article on 8 Reasons to Hire a Part-time CFO which explains it in great details why a contract CFO makes sense and how we help companies expand.