Innovation and valuation benefits hiring an interim CFO from Sam McQuade CFO
High quality cash flow benefits when employing a flexible CFO by Sam McQuade CFO of Panterra Finance: Startups, especially in their early phases, usually do not have full-time CFOs as they may not generate enough revenue to justify the cost of an additional C-suite member on the payroll. However, when things begin to look exciting - during a time of rapid scaling up or in case of a merger or acquisition - a CFO becomes inevitable. Still, many startups might be hesitant to take on the additional cost of a C-suite colleague, especially when the situation necessitating the presence of a CFO is transitory. CFOs, after all, bring highly valuable skills to the table and expect reasonably commensurate compensation. Hiring a fractional CFO is an innovative solution to this conundrum…