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Welcoming aboard someone to handle finances at your small business is a big decision. Financial managers are mathematical management experts. In other words, they watch your cash intake, have a roll in company sales, and take care of the employee payroll. And while bringing someone on to cover all these bases sounds like an easy decision, it’s a choice small companies have a tough time deciding all too often.
For example, small businesses may often wonder if they have enough work to keep a financial manager busy on a full-time basis, or even if they can afford the extra overhead. But bringing aboard a CFO or accountant can significantly benefit your small business and allow you to operate more efficiently.