How to Effectively Manage Cash at Your Startup
Cash management plays a pivotal role in the success of startups and early-phase businesses, especially in today’s economy. During the early stages of the business, startups often face a period of negative cash flow. A survey by CB Insights found that it takes an average of about 3.8 years for startups to become profitable. […]
Maximizing Post-Acquisition Success by Re-Engaging CFOx
Following a recent add-on acquisition, CFOx was engaged for a second time by an existing client to perform accounting transition services. The client, a private equity-backed HVAC platform, acquired an established, family-owned HVAC and generator company in the Northeast. Accounting Transition Services The CFO Services team was engaged by the client to perform a post-acquisition […]
Interim VP of Finance for a PE-backed Construction Company
CFOx currently serves as the interim VP of Finance for a PE-backed construction company. The company provides demolition and abatement services and generates annual revenues over $125 million. After searching for a VP of Finance replacement without success, the company’s management and its investors decided an interim hire was needed until a full-time hire was […]
