Internationally oriented businesses that include domestic companies expanding abroad, foreign companies establishing US operations, domestic companies with international clients, or ethnically owned domestic companies face challenges not ordinarily encountered by a domestically oriented business. These challenges include cultural differences, language differences, global team management, complex supply chains, exchange rate risks, geopolitical and cultural tensions, and political and regulatory complexities, that now include multi-jurisdictional privacy and cybersecurity requirements.
Our practice group of experienced CFOs, COOs, CHROs, and CIOs can assist you to meet these challenges. We offer a proven objective process of assessment and planning to identify needs, risks, opportunities, and solutions often unfamiliar to the internal team. We also understand the evolving financial, operational, legal, and organizational needs as the business scales and grows.
Our C-level consultants can work individually or as a team to execute a short-term crucial project or a long-term responsibility. Each partner has relationships with bankers, attorneys, auditors, and specialty service providers who expedite the plans and execution to develop processes for scaling your company as it evolves and grows.
We specialize in financial and operational management processes, company accounting policies and procedures, accounting services, internal control assessments, audit preparation, workflow improvements, and ERP-implementations. We provide CFO, COO, CHRO and CIO, consultants on a fractional . We also facilitate strategy planning and cultural sensitivity sessions with your team to align and coordinate everyone’s efforts for success. Further, we offer an integrated recruiting and staffing service, including a full range of outsourced recruiting services customized to your needs.
Our partners understand financial and operational business needs as well as cultural sensitivity. With our support, your internationally oriented business can meet the challenges that present themselves as you scale and grow.
Established Foreign Companies
Established foreign businesses understand how to operate a successful business and recognize effective financial management. What they need is an expert who is both knowledgeable of the relevant financial and human resource management strategies of the relevant marketplace. They need a guide that allows them to quickly expand into to the new market, navigating the legal and regulatory complexities as they develop the professional and service relationships to realize their market potential. They require a local resource that can provide high-level knowledge and expertise to support the foreign subsidiary on an interim basis as it is transitioning to the next phase in its growth cycle.
Foreign-Born Entrepreneurs
For foreign-born entrepreneurs, the situation is similar but different from established foreign businesses. They are not adapting established successful practices to a new market. Rather, they are developing new practices in a new market, sometimes while applying for a VISA. They need someone to identify and prioritize the most crucial decisions that they must get right the first time from those that are best delayed until the business develops and reveals its true promise and opportunity as well as its obligations. Someone who can anticipate needs as well as find solutions.
Ethnically Owned Businesses
Ethnically owned businesses, often family owned, encounter unique challenges as they strive to scale and expand. These challenges can arise from cultural differences, limited access to capital, navigating complex regulatory environments, and changing organizational needs. Benefiting from objective advice regarding transparent and consistent actionable financial information and performance indicators through standardized financial reporting, modeling, planning processes, and operational reviews can bring clarity and insights to strategy and ready the company to present compelling business plans for raising capital, operational improvements, and sales and marketing priorities. It is important that this objective advice incorporates the sensitivity and understanding of the cultural dimension of the business to leverage its unique qualities and strengths.
Established US Companies
Established US businesses understand that they operate in a global marketplace. The expertise to move effectively outside of the US is often not a core competency in the full-time established management team. What they need is an expert who is knowledgeable of the relevant financial, tax and human resource management strategies and a network of professional relationships for the target marketplaces. They need a guide that allows them to quickly expand into unfamiliar territory navigating the legal and regulatory requirements, as well as to develop the professional and service relationships to realize their market potential outside of the US. They require an experienced global resource that can provide the high-level knowledge and expertise to support the foreign subsidiary on an interim basis as it is transitioning to the next phase in its growth cycle.
Contact us to learn more or for our help. Bob Weis - rweis@cfos2go.com; Francis Ota - francis@cfos2go.com