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The Situation:

  • A successful business has outgrown its internal accounting capabilities.
  • There are some Immediate Needs (e.g., financial reporting, process improvement).
  • There are some Future Needs (e.g., strategic planning, capital sourcing).
  • How are these needs best addressed?

Scenario 1:  Hire a full-time CFO or Controller to meet Immediate Needs

  • Meet Immediate Needs
  • Risk excess capacity and cost after Immediate Needs are met
  • Add permanent costs – salary, benefits (+20%), bonuses and raises
  • Requires additional office space and equipment
  • Desires career development and advancement for job satisfaction
  • Lacks skill-set to meet Future Needs

Scenario 2:   Retain a Clarity AFS-Consultant to address Immediate & Future Needs

  • Effectively address Immediate & Future needs
  • Strengthen the management team
  • Gain an objective, independent, professional business perspective
  • Focuses on value-added tasks only
  • Avoid paying for excess capacity and unnecessary fixed costs
  • Be treated as a Valued Client rather than an Employer

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