Is it time to hire a CFO or controller?

Description

Abstract: When dealerships grow to a certain size, their owners often face an important decision about oversight of the financial side of the business: Should they hire a high-level financial executive to oversee the dealership’s finances? There is no one-size-fits-all answer to this question, and this article details the factors that go into making this decision. A sidebar offers an option for dealers who aren’t quite big enough to afford a full-time CFO or controller.