| |
|
The amount of CFO oversight for small to medium sized companies can vary
based on a number of factors. The number of operating units and their
total sales volume, the experience of the in-house person currently responsible
for the controllership and CFO functions, the amount of time the President
or CEO has for certain financial and administrative functions, and the
growth expectations for the company. A general guideline is as follows:
| # of Units or Total Sales |
Recommended Amount of CFO Oversight |
| 1-2 units or $3 million+ |
1-2 days per month |
| 3-4 units or $5 million+ |
1 day per week |
| 5-7 units or $8 million+ |
2 days per week |
| 8-10 units or $12 million+ |
3-4 days per week |
| 10 units+ $18 million+ |
Full time in-house CFO |
|
