Questions? Here are some commonly asked questions.
Whether you're starting a business, managing growth, or planning for the future, you may have questions about how our services work. We've compiled answers to some of the most frequently asked questions to help you learn more about what we do and how we can assist your organization.
What Is a Business Manager?
As the name implies, they manage all business affairs for the Founders, thus allowing the Founder to create, build, sell, influence, and envision the future.
Is It Similar to a Fractional COO?
YES! Business Managers may carry a variety of titles, such as:
* COO
* Controller
* Finance Manager
* Operations Director
What Kinds of Business Typical Hire a Business Manager?
Business Managers are usually best-suited for smaller companies that are owned by a single person or family. They aren't big enough to warrant hiring multiple full-time persons or creating whole departments, so hiring a business manager makes more financial and operational sense.
What Does a Business Manager Do?
High-performing Business Managers are able to do a lot of things! In essence, they are a "jack of all trades, master of none." They are adept at handling the operational aspects of the business including:
* Operational efficiency
* Accounting and bookkeeping
* Financial management
* Team leadership
* Exit planning
(You know....all the stuff you hate doing!)
Are They Expensive?
That depends. Costs certainly vary based on responsibilities, experience, marketplace conditions, complexity of business affairs, and so forth.
Better questions to ask are:
* How much better would life be if I had someone handling all the tedious tasks I hate doing?
* How much could the company grow if I were solely focused on vision and growth?