[Video] The many benefits of hiring a Virtual CFO

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I had a wonderful video interview with Elan Pamensky who is the founder of Cloud CFO where we discussed the benefits of why startups and small businesses should consider hiring a Virtual CFO.

It was the second interview we've done with Elan & thoroughly enjoyed this one.

We had a great discussion across these topics & asked him these key questions:

• What is a Virtual CFO and how can they help small businesses and startups?

• How much time/investment do small businesses/startups usually make when dealing with a virtual CFO?

• What assistance or information can a Virtual CFO provide compared to say existing tools or perhaps having a CFO full-time?

• What’s the difference between dealing with a startup or small business as a virtual CFO? What differences in challenges do you encounter?

• Do large companies need to have a full-time CFO? Or what level should they consider using a virtual CFO before needing to bring in someone full-time?

• As a virtual CFO yourself, what common mistakes do you see with your clients or just businesses in general?

• If you had to offer 3 tips for a small business or startup when looking for a Virtual CFO, what should they consider and look out for?

If you're a startup or small business, it's worth watching this video about the benefits of a Virtual CFO :)