Is your business missing the mark on potential while you are guessing where you stand? Does your monthly reporting provide information that you can trust to run your business? These are two very typical issues facing business owners of growing businesses.
What is the difference between a CFO and a CPA? Many CFO's are CPA's but CPA's are not CFO's.
A CPA's role is to provide valuable assistance mostly related to historical numbers of a business in the area of tax compliance, payroll processing and bookeeping while a CFO will focus his expertise on broader issues related to managing day to day financial operations, working with production teams, sales and marketing initiatives, raising capital and working with outside experts and advisors.
An effective CFO will focus on not only finance and accounting functions but organization wide roles helping to ensure maximum efficiencies resulting in the business reaching its full potential and net worth to the business owners.
Richard and his wife Wendy and their four children have been a part of the Valparaiso Indiana community for 28 years.
Richard is a 1992 graduate of Indiana University Northwest with a Bachelors Degree in Accounting and has 28 years experience in Corporate Accounting in both private and public companies. Having held positions as a Controller and CFO in industries such as hospitality, construction and real estate development, technology and software, professional consulting and ticketing and entertainment.
Richard's work experience has allowed him to serve several private entities as a Veteran CFO and Controller providing expert day to day accounting management, financial reporting and establishing effective accounting processes. Richard has provided financial management for both privately owned and publicly traded businesses with revenues ranging from $2 million to over $50 million.
In addition to being a Veteran CFO, Richard is a proud United States Marine Corps Veteran having served with the 2nd Marine Expeditionary Force in Operation Desert Storm and Desert Shield in the First Persian Gulf War.