VFTM Ep. 132 - Contract CFOs: A Perfect Fit for Many Midmarket Businesses
In this podcast, my guest, David Ritchie, shares the story of CFO Hive, which provides businesses with contract CFOs on a fractional, full-time, or project basis, leveraging a network of experienced CFOs to offer expertise that matches client needs. Contract CFOs can add value in four ways: (i) help growing companies professionalize their finance functions, (ii) stabilize distressed businesses, (iii) assist companies during transactions, such as IPOs and M&A, and (iv) address resource gaps. Our discussion emphasizes the evolving role of CFOs, particularly in M&A, as drivers of growth, and the growing interest among mid-career and older CFOs in contract assignments.
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