🔴 Kip Knippel, Esq. 🔴’s Post

Curious about the top 5 reasons to hire a CFO? Watch the video to learn more! #hirecfo #recruiting #toptalent

Think before hiring a CFO! Compare it with a Virtual CFO

💰 Hiring a CFO? Don't make these costly mistakes! Our blog reveals the best practices to secure the financial leader your business deserves. Read now: "Best Practices for Finding the Right CFO" #hiringtips #CFO #executiveleadership ⬇️ https://hubs.la/Q02Dd19D0

The right executive is a game changer for your organization. We leverage our expertise built over 22+ years in the DC market to find you the right executive to lead your finance and accounting organizations. We understand the nuances of each industry and the skills it takes to build and lead high-performing teams. Additionally, we are about to embark on another CFO search for a fast growing, PE backed services company with software & hardware components. Message me to set up a time to connect on either your own career path or your team's needs. #executivesearch #asktheexperts #talentacquisition

The CFO role is evolving in today's dynamic business landscape. As responsibilities expand and strategic influence grows, choosing the right candidate for this pivotal position is more crucial than ever. Check out our blog for valuable tips on making a successful hire. #CFO #BusinessStrategy #ExecutiveCollaboration #HiringTips

Choosing to hire a CFO is a big decision for any CEO. Here's how I recommend hiring one. ____ PS - I offer strategic CFO services for growing businesses. Learn more here: theceosrighthand.co

While I was working in executive search, I helped a number of family-owned companies hire Chief Financial Officers – and now, here at CBIZ, I advise our family-owned clients on making these hires...and the challenge they often have in attracting and retaining strong talent is that they rarely include a long-term incentive plan as part of their compensation packages. So just some quick advice to leadership teams at family-owned companies -- if you’re serious about hiring a CFO (or any executive) that will bring real value to your company and stay with the company, you’ll want to put some sort of long-term incentive plan in place… #longtermincentiveplan #familyownedbusiness #executivehiring #teamcbiz

When building a leadership team, CEOs of recently acquired businesses often struggle to find the right finance leader. Typically, the CEO is an MBA and pretty strong on strategic finance but weak on daily accounting and budgeting, creating financial controls and day-to-day management of net working capital and cash. Mistakes I have seen: -Replacing the current finance team too early before knowing what you actually need -Hiring a high level leader who wants to think about capital allocation, investors and banks and not the day-to-day management of net working capital, financial reporting, budgeting, and financial controls What works: -Taking 6-12 months to assess finance needs, often relying on a fractional CFO in the meantime  -Hiring a hands on leader who fills CEO’s gaps #hiring #smbsuccess #smallbusinessowner #eta #fractionalCFO

Want to learn about why hiring a fractional CFO is important? Below is an article from one of our Executive CFOs. Tell us why you would hire one. #cfo #fractionalcfo #whatsyourquest?

The difference between a poor CFO and a great CFO. A poor CFO knows the cost of everything and the value of nothing. A great CFO understands both It’s easy to get bogged down in cutting costs, negotiating cheaper suppliers, and balancing budgets. But if you’re thinking about hiring a fractional CFO, here’s what you really need: someone who sees the bigger picture, not just the price tags. Here are some examples of what I mean: 🔍 Cost vs. Strategic Value: Cutting expenses might save a few quid today, but what about the future? A smart CFO looks at the value of investments—whether it’s R&D for the next breakthrough product or scaling your team for long-term growth. One example: Spending on clinical trials in a biotech might seem steep, but the potential market value of a successful treatment? Game-changing. 🚀 Cashflow vs. Growth: Sure, it’s important to know where the cash is going, but a brilliant CFO will focus on how today’s costs fuel tomorrow’s expansion. They’ll spot when spending on marketing, new hires, or partnerships is driving real value and revenue potential—not just eroding your budget. 🤝 Supplier Contracts vs. Partnerships: An FD sees the cost per unit. A visionary CFO? They recognise that investing in long-term supplier relationships can unlock innovation, improve terms, and boost quality—all things that impact your bottom line in ways cheaper prices alone never will. So if you’re looking for someone to steer your business with precision and purpose, you need more than a cost-cutter. You need someone who values growth, innovation, and strategic investments that drive your business forward. 🚀💥 #FractionalCFO #StrategicFinance #BusinessGrowth #MDInsights #ValueOverCost #CFOLeadership #FinancialVision #BusinessStrategy