What exactly is a CFO?
	At what point should I think about hiring a CFO consultant?
	What is the difference between accounting and finance?
	Can SMALL BIZ CFO also do my bookkeeping and taxes?

What exactly is a CFO?
CFO is an acronym that stands for Chief Financial Officer – a role signifying executive level financial and administrative experience and education. For SMALL BIZ CFO, it also stands for Corporate Finance & Operations because finance doesn’t operate in a vacuum; it’s an integral part of any operation.

By necessity, a small business CFO is multi-faceted. A good one has lots of first-hand experience wearing many hats including administration, management accounting, production, purchasing, human resources, facilities, contracting, and negotiations in addition to having strong finance skills. Above all, a good small business CFO must be business savvy.

At what point should I think about hiring a CFO consultant?
Some entrepreneurs hire a CFO to help them develop their initial business plans and assist them in seeking adequate capital from various sources. Any small business owner may want and/or need the support of a hands-on CFO for a particular project or to provide ongoing financial guidance from time to time. Most companies find they need a CFO consultant when their operation reaches a certain level of complexity – whether it’s because of the numbers of employees, contractors, products, suppliers, vendors, etc. Others want to take advantage of opportunities to grow the business and realize they don’t have the necessary financial expertise on board to help them get there.

The right time to bring in a CFO will vary from company to company since no two are grappling with exactly the same financial and operational issues. While it may sound trite, the best time to bring in a CFO is before you think you need one. That is, before running out of money and before experiencing grave financial difficulties. A good small business CFO works to minimize your risks to keep you from getting into financial trouble in the first place.

What is the difference between accounting and finance?
Finance takes accounting results to the next level. While a CFO fully understands accounting and accounting systems, she takes a more forward look at business by projecting, forecasting, managing cash flow, and planning for future growth. Accounting provides historical information that is simply the starting point for modeling a wide variety of potential, future business outcomes. SMALL BIZ CFO believes that when small business owners have more and better information, it facilitates better management decisions.

Can SMALL BIZ CFO also do my bookkeeping and taxes?
SMALL BIZ CFO always recommends that a qualified bookkeeper or accountant maintain the company’s books. Chura works closely and collaboratively with whoever is maintaining the Company’s books and records. Because of the complexity of tax laws, it is always best to engage a tax professional specializing in tax law and preparation. SMALL BIZ CFO can recommend good general and tax accountants to consider.

Financial Modeling
Business Plans
Budget Preparation
Trend Analysis
Financial Analysis
Cash Flow Projections
Cash Management
Banking & Loan Relations
Equipment Leasing
Management Accounting
Cost Analysis
Productivity Metrics
Pricing Strategies
Risk Management
HR Administration
Stock Option Plans
Facilities Management
Business Agreements
Contract Negotiations
Corporate Governance
Due Diligence
Board Advisory
Financial Oversight