Regardless of Business Size, there are Tradeoffs
No matter the size of our businesses now, many of us were, at some time, “the little guy” – an entrepreneur with a vision, a founder, the new owner of a small business. Some of us chose to stay small, either because of the way we structure and operate our businesses or perhaps we prefer to work as a solopreneur. Whatever the size of our business, there are tradeoffs.
There are some distinct advantages to remaining lean and nimble but the tradeoff for smaller businesses is that they often don’t have the funds to have the expertise on their team to provide them with solid financial footing. And with fewer readily accessible financial resources than larger businesses, they may be more vulnerable to the impact of external factors.
So, who’s there for the little guy?
In addition to the satisfaction that comes from working with larger, more established companies, I have a passion for small business – those with annual revenue under $500K – and their owners. The entrepreneurial spirit, belief in a great idea, and the courage to take risks is the heartbeat of business, innovation, and opportunity in this country. Without it we would be a different society. All businesses, regardless of size, benefit and learn from the pioneering attitudes and activities of entrepreneurs.
I find it truly rewarding to help these owners understand their numbers, identify and interpret the financial documents they need to make solid business decisions, and reach their next level of growth. I can provide these unique owners and their companies the opportunity to leap beyond much of the costly trial-and-error that small businesses often experience, and develop the financial intelligence, foundations, and confidence to embark upon a path to growth in ways that otherwise may be out of reach, yet are so very crucial to their success, perhaps even their survival.
Those who know me are aware that healthy business relationships are as much at the heart of my business as financial intelligence. Small businesses rarely have someone with the perspective of a CFO and CEO to fill the role of a trusted advisor and team member. That’s an intangible benefit that comes along with my services.
The following comment from a solopreneur describes how he benefitted from working with me.
“I discussed financial goals for the first time with someone outside of my company. I didn’t often have anyone even to talk to regarding financials; as a solopreneur, you’re typically in it alone. Our confidential conversations helped me become aware of items that could be addressed and how and when that needed to happen. Having an experienced CFO look at the big picture and ask the right questions was invaluable.”
Another client graciously summarized the experience, value, and service I strive to bring to each client and their business – large or small.
“Hiring Rick has been one of the best business decisions we’ve ever made. He helped us get a firm grasp on our overall financial picture, refine our process, and develop a strategic hiring plan that has allowed us to grow our business with purpose and confidence. Not only is Rick a brilliant financial mind, but he is also incredibly kind and generous with his knowledge and his time. Every meeting with him feels like a lesson from your favorite teacher – you always leave having learned something new. One of our favorite things about Rick is the way he instantly joins your team and puts himself completely in your corner…. Once you experience working with Rick, you’ll wonder how you every got this far without him!”
No matter the size of your business, perhaps you could benefit from some financial guidance and expertise – at a fraction of the cost of hiring a full-time CFO. I’d welcome the opportunity to partner with you to get and keep your company on track for growth. Contact me for a complimentary consultation to discuss your specific needs.
Rick Arthur is a CFO whose expertise is built on Financial Intelligence and 35 years in senior financial roles. Coupled with a CEO’s perspective and the experience of building his own $20 million company, he brings a unique depth of insight into business from the top down. Wired to get to know people, Rick works hand-in-hand with business owners of intentional, growth-oriented companies, solidifying relationships as a trusted advisor and confidant to his clients. He leverages his experience to help business owners gain traction and stay focused on the company’s vision, cash flow, and profitability – all while creating big picture solutions for strategic planning, growth, and sustainable success.
