The Fractional CFO’s Role in Risk Mitigation and Contingency Planning
Effective risk mitigation and contingency planning cannot be overstated in modern business. According to FEMA, 90% of SMEs cannot resume operations within five days of a disaster and will fail within a year.
The Role of an Outsourced CFO in Business Restructuring
Businesses must restructure to remain competitive and financially stable in the face of economic uncertainty and evolving market dynamics. According to industry experts, over 80% anticipate a continued increase in restructuring activities as companies adapt to new challenges and opportunities.
Companies increasingly turn to outsourced accounting services in today's dynamic business environment to enhance efficiency and focus on core operations. This trend is evident as the global finance and accounting outsourcing market was valued at $60.