Are you looking to hire a CFO but can’t really afford the extra employee yet? Don’t worry! Hinckley Cook (972-335-1553) has part-time CFOs who can assist you with various financial tasks of your growing company. Check them out today!
When you're starting to feel the need to hire more people, especially one who will help you with your financials, it's a good sign that your company is on the right path! However, there might be a gap where you need a CFO but can't hire one just yet. Hinckley Cook has you covered!
The Frisco-based accounting firm offers the services of part-time CFOs who can help small to medium-sized businesses with various financial tasks, including budget preparation, financial statement review, and establishing strong financial controls.
Visit https://www.hinckleycpa.com/cfoservices.php for more information!
Hinckley Cook develops a culture of data-driven decision-making within a company. By having a part-time CFO, you have someone who can provide critical insights into your actual performance, allowing you to focus on operating activities and other key tasks.
The firm explains that the cost of hiring a full-time CFO can exceed $100,000 per year, excluding bonuses and benefits—which many SMBs may find prohibitive. With one of Hinckley Cook’s part-time CFOs overseeing vital operations like financial reporting, cash flow projections, and investor or lender relations, you get all the benefits of having a CFO, but at a fraction of the price of a full-time one.
Hinckley Cook outsources your financial tasks to certified public accountants (CPAs) with experience serving as CFOs in other companies. In addition to handling financial affairs, the part-time CFO can formulate tax-saving strategies to boost your company's cash flow. If needed, they can also manage and train your existing accounting personnel.
A part-time CFO can help you create more robust financial systems and processes, increasing efficiency and profitability. Hinckley Cook believes they can guide your company in managing cash flow, reducing expenses, and identifying growth opportunities. Moreover, they bring an objective, third-party perspective to the business, which can help in making better-informed decisions.
Access to their network and industry expertise is another significant advantage because part-time CFOs often have considerable industry experience and a broad network of contacts, including potential clients, investors, and suppliers, which can be essential for your growing business.
Lastly, a part-time CFO can support SMBs in raising funds, whether through loans, investments, or grants. They are adept at preparing financial statements and forecasts, negotiating with lenders and investors, and ensuring your business meets all its regulatory and compliance obligations.
You are encouraged to schedule a no-obligation consultation to assess whether a part-time CFO is the right fit for your business needs.
About Hinckley Cook
Under the leadership of Kirt Hinckley, a certified public accountant with expertise in areas such as tax compliance and planning, financial statement review, and auditing in the petroleum industry, Hinckley Cook is a full-service accounting firm that offers a diverse range of services for small to medium-sized businesses. These include basic accounting, forensic accounting, and strategic business planning. Alongside its primary location in Frisco, the firm also maintains an office in Arlington.
Visit https://www.hinckleycpa.com/frisco.php to get started!
