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Why Harvest

Overview

CEOs get a highly-skilled and experienced CFO Consultant delivering higher ROI at 25% to 50% the cost of a full-time CFO.

Entrepreneurial CEOs who achieve their vision of growing great companies and create success view the company’s finance function as a key enabler for the CEO to be successful. The role of the CFO in an entrepreneurial company is to make a good CEO a great CEO. Our CFOs deliver to the CEO financial leadership to shield the CEO from having to focus on financial risk. The CFO is an enabler to the CEO’s vision by ensuring the financial and operational aspects of the business provide the CEO the necessary support for decision making to increase revenue, profits and company value.

CEOs are often reluctant to hire a highly-skilled and experienced CFO because:

  • they are unsure of the real value that a CFO will bring to their company;
  • they do not believe that their company is large enough to justify the high fixed cost of a full-time CFO;
  • they do not believe a CFO would be fully utilized in their company (indeed full time CFOs for most entrepreneurial companies spend only 15% to 25% of their time on real CFO-focused work);
  • they are unsure as to how to select the right CFO including skill set and cultural fit.

Harvest CFO Consulting solves these problems and more for CEOs. We agree with entrepreneurial CEOs that it is very difficult to justify the high fixed-cost of hiring a highly-skilled and experienced full-time CFO. We eliminate the above risks for CEOs by:

  • providing a CFO who focuses only on your real value-adding high-level financial leadership needs;
  • providing ongoing measurement to CEOs as to the ROI they are receiving from our CFO Consulting services;
  • providing a highly-skilled and experienced CFO at a much lower variable cost structure;
  • ensuring your CFO has deep specific industry experience and the right skill set for your needs thereby eliminating learning curve and ensuring probability of cultural fit.

Typical scenarios in which Harvest adds significant value to our clients include:

  • Entrepreneurial CEOs of small to middle-market companies typically cannot justify the high fixed-cost and utilization risks of hiring  a permanent CFO. Full-time CFOs at these companies typically spend 25% or less of their time in true CFO functions. Harvest delivers a lower-cost, higher-value alternative by providing CEOs a highly-skilled interim or part-time CFO to lead the finance function and enable the CEO to build ongoing value in their company.
  • CEOs need the assistance of an experienced CFO to successfully deliver on critical business matters and/or nonrecurring transactions such as financing, M&A, turn-around or foreign market expansion. Harvest delivers to CEOs the right skills and experience and at the right cost to fulfill these special needs.