Restaurant CFO Partners - CFO Solutions for the Restaurant Industry
 
 

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Can you give me some examples?

The amount of CFO oversight for small to medium sized companies can vary based on a number of factors. The number of operating units and their total sales volume, the experience of the in-house person currently responsible for the controllership and CFO functions, the amount of time the President or CEO has for certain financial and administrative functions, and the growth expectations for the company. A general guideline is as follows:


# of Units or Total Sales Recommended Amount of CFO Oversight
1-2 units or $3 million+ 1-2 days per month
3-4 units or $5 million+ 1 day per week
5-7 units or $8 million+ 2 days per week
8-10 units or $12 million+ 3-4 days per week
10 units+ $18 million+ Full time in-house CFO


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