We brought in (what we now call) a ceefo to assist us with improving our reporting in 2014. Colin and his CFO group helped us to develop detailed planning and forecasting models and to deliver insightful performance reporting. Their valued input has helped us to grow the business successfully by around 700% in this time. We would recommend them to any growing business.
We were recommended to get a ceefo in to review our financial reporting formats. Our ceefo worked with us to restructure our financial reporting. We now have confidence that we understand how we are performing and can respond quickly when any segment of the business starts to underperform.
With ‘my’ ceefo, I’ve got a solid and switched-on CFO virtually at my side, de-stressing my running of the business just like any larger enterprise with its CEO having a CFO, C-etc. Now I can manage the complexity of growth without the energy-draining downsides that success brings to entrepreneurs.
If you’re new to the idea of having a virtual CFO or wanting more intelligence from your business reporting, you might like to talk to a real CFO about how CFO-style insights can help you manage your business better.