Is it Time for a CFO?
Managing financial issues can take a toll on owners. Know when to turn to a pro.
By Gwen Moran • Oct 10, 2010 Originally published Oct 10, 2010
Opinions expressed by Entrepreneur contributors are their own.
After five years in business, Zalmi Duchman needed help. On top of trying to grow his food delivery service in the Surfside, Fla., area, he was handling all of the reconciliation, payroll, projections and other financial matters.
Overwhelmed, Duchman decided to hire a chief financial officer in early August. But the decision wasn't easy. "I still don't know when I'll give him the login to my bank information," he says.
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