Following the recent service update, the Frisco-based accounting firm offers the services of part-time CFOs who can help small to medium-sized businesses with various tasks, including budget preparation, financial statement review, and establishing strong financial controls.
For more information, visit https://www.hinckleycpa.com/cfoservices.php
Hinckley Cook’s latest service update develops a culture of data-driven decision-making within a company. By having a part-time CFO, the company has someone who can provide critical insights into its actual performance, allowing the business owners to focus on operating activities and other key tasks.
The firm explains that the cost of hiring a full-time CFO can exceed $100,000 per year, excluding bonuses and benefits–which many SMBs may find prohibitive. With one of Hinckley Cook’s part-time CFOs overseeing vital operations like financial reporting, cash flow projections, and investor or lender relations, entrepreneurs get all the benefits of having a CFO, but at a fraction of the price of a full-time one.
Hinckley Cook outsources its client’s financial tasks to certified public accountants (CPAs) with experience serving as CFOs in other companies. In addition to handling financial affairs, the part-time CFO can formulate tax-saving strategies to boost a company’s cash flow. If needed, they can also manage and train a company’s existing accounting personnel.
Potential clients are encouraged to schedule a no-obligation consultation to assess whether a part-time CFO is the right fit for their business needs.
“Growing businesses often reach a point where they need professional financial advice but can’t afford a full-time CFO or controller. If you’re fortunate enough to be in this position, then we have the perfect solution for you. Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success,” a representative said.
About Hinckley Cook
Under the leadership of Kirt Hinckley, a certified public accountant with expertise in areas such as tax compliance and planning, financial statement review, and auditing in the petroleum industry, Hinckley Cook is a full-service accounting firm that offers a diverse range of services for small to medium-sized businesses. These include basic accounting, forensic accounting, and strategic business planning. Alongside its primary location in Frisco, the firm also maintains an office in Arlington.
Interested parties who want to know more about Hinckley Cook may visit https://www.hinckleycpa.com/frisco.php
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Florida Times Daily journalist was involved in the writing and production of this article.