Potential Benefits

Direct

• Improved cash flow from operations
• Enhanced liquidity from external financing - for startup, growth, or turnaround situations
• Cost reductions
• Improved financial controls
• Improved management controls

• Improved understanding, by non-financial personnel, of financial projections and accounting results
• Improved understanding and control of costs
• Improved coordination between functions
• Improved operational controls

Indirect
(Convenience, Flexibility)

• Financial/general business expertise for the entrepreneur, business owner, or CEO who is more technically or marketing oriented - including interface with lenders, investors, auditors, etc.
• Sophisticated, experienced talent for a defined period - to assist with growth, startup, turnaround, family succession, or other temporary phases
• Use and affordability of a more senior, experienced financial/general manager than the organization needs, or could afford, on a full-time basis
• Mentoring of existing financial personnel
• Eliminate or reduce disadvantages of traditional employment - no hiring/termination processes; no concerns over salary, fringe benefits, bonuses, perks, etc.
• Absolute confidentiality for sensitive situations
• Assistance with selection of/transition to full-time replacement when the time is right for the organization