May 6, 2024

You’re the Boss Blog: Have You Tried to Hire a C.F.O.?

Alan Maserak needed to hire a C.F.O. so he could manage other aspects of the business better.Mark Perlstein for The New York TimesAlan Maserak needed to hire a C.F.O. so he could manage other aspects of the business better.

Today’s Question

What small-business owners think.

In a small-business guide we’ve just published, Alan Masarek talks about how he decided it was time for his business to hire a chief financial officer.

“Not every company needs a C.F.O.,” said Mr. Masarek, who helped found Quickoffice, a company that sells software that allows users to edit documents on mobile devices. “It depends on how dynamic the business is. I needed to hire someone who could function as my business partner and allow me to step away from the books so I could manage other aspects of the business better.”

The guide concludes that most small businesses would benefit from the skills of an experienced chief financial officer. But of course, the business has to be able to afford the executive and find the right person. Have you tried looking? Please tell us about your experiences.

Article source: http://feeds.nytimes.com/click.phdo?i=5e5cd23fcb59c6b2e49d71bcfaa445f9

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