Can a Part-Time CFO Afford to Work with Startups?

Can a Part-Time CFO Afford to Work with Startups?

Periodically, I have other part-time CFOs ask if they should work with startups. My typical response is a question, “Do you want to go broke?” But Mark, I’ve been offered equity. My comeback is another question, “Have you ever heard of the endowment effect?” Bottom line, working with startups is hard, really hard. Be careful…

5 Questions to Ask Your Next Accounting Candidate

5 Questions to Ask Your Next Accounting Candidate

Have you figured out the bookkeeping and accounting issues facing small businesses? That’s precisely what I thought. It’s really bad. Back in 2001, I seriously considered never doing consulting work again because every small business bookkeeper or accountant that I encountered thought they were experts. Most were not. I continually observed the gap between their perceived…

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