Outsourcing the CFO Role: Benefits for Small Businesses- Hurley Fox #6067

Financial Survival Network

Kerry Lutz and Hurley Fox discussed the advantages and challenges of outsourcing the CFO role for small businesses. They highlighted the impact of technology on remote CFO services and the importance of having trained personnel at the client's location. The speakers emphasized the need for proper accounting procedures and the challenges small businesses face in maintaining clean accounting records. Hurley Fox provided a comprehensive overview of the onboarding process, emphasizing the critical role of accurate accounting and data integrity. He shared insights into the cost savings and value his clients receive from his services, emphasizing the significance of cash flow to business owners. The speakers also discussed the frequency of meetings with clients and how these meetings aid in analyzing financial data to drive business growth.