When Do You Need a Construction CFO?

24/10/2023 22 min Temporada 1 Episodio 135
When Do You Need a Construction CFO?

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Episode Synopsis

Send us a textHas your company outgrown your basic bookkeeping? If your financial operations are becoming more complex and you feel like you're losing control, or if you're getting into federal contracting, it may be time to consider hiring a CFO. This week we're discussing when to do it, why you should work one who has construction industry experience, and whether to outsource or hire someone in-house. Topics we cover in this episode include:At what point do you need to hire a CFO?How a good CFO can help your company growThe importance of working with a construction-oriented CFOHow a CFO helps with compliance and reportingA CFO knows your whole tax pictureQuestions to ask yourself if you think you may need to hire a CFOLINKSVisit the episode page at https://CarpenterCPAs.com/CFO for more details and a transcript of the show.Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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