Hiring CFO, Controller, or outsourced finance?
Our portfolio companies range from $12-35 million in sales, and we have had pretty bad luck with finance talent. I'm wondering what others have done. Our problem seems to be that we are expecting too much controller work from a CFO or too much CFO work from a controller, and probably not brining in enough outside help when the going gets tough.
How have those of you with larger (>$10 million sales) businesses managed the finance role? Controller? CFO? Outsourcing all finance?