The thought of needing to hire a CFO (chief financial officer) may have never crossed your mind as a small business owner. When businesses experience unexpected rapid growth or become large enough that the financial responsibilities are becoming too much for the owner and staff to handle on their own, the investment of hiring a CFO will pay for itself tenfold in convenience. However, a full-time CFO costs an average of $200,000 per year when benefits and salary are added together, which clearly isn't a price that many small businesses are willing or able to pay. That being said, there is a way for a small business owner to be able to afford the valuable services and knowledge of a CFO. It all comes down to hiring in a nontraditional sense.
Years ago, when AccountingDepartment.com was a much smaller company, we had the idea to celebrate the end of.
Data security is a top-of-the-mind concern for businesses outsourcing their accounting services. Data breaches.
As a small government contractor you may be stretched for accounting resources, and if this is your first contract,.
The ability to sort accounting transactions by user-defined divisions and classes in QuickBooks is a great way to.
AccountingDepartment.com has been honored with a 2018 When Work Works Award for exemplary workplace practices. The.