The days when small and midsize businesses needed a full-time on-site chief financial officer have officially gone by the wayside. The trouble is that many leaders of these businesses haven’t gotten the memo. They assume that even though CFOs come at a steep cost, a company can’t grow without a C-suite-level pro at the helm.

Not only are they mistaken, but they’re also putting their businesses at risk by not considering less pricey alternatives to a full-time CFO with all the benefits.

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