You’ve made a big decision. It’s time to hire your SaaS or subscription-based company’s first CFO. Your organization is in a position to warrant a professional executive in this role, and you generally know what you’re looking for in a CFO.
But, how can you be sure that the CFO you’re hiring truly meets your needs? Subscription-based businesses require certain capabilities and expertise around process and structure to function properly.
As a corporate finance consultant and on-demand CFO with a particular focus on recurring revenue businesses, here are my do’s and don’t of hiring your first CFO.