Hiring a full-time Chief Financial Officer (CFO) may put too much pressure on your lean budget if you are a startup or growing business. According to PayScale, the average median salary of a CFO is $136,187 per year. That’s not the type of money any small business owner would want to pay, especially if they only need the service for one or two days per week. But should you ignore professional financial advice simply because you can’t afford to pay the six-digit salary of a full-time CFO?

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