Should You Hire A Finance Manager For Your Company?

[Abigael]

Any big business venture must try as much as possible to hire a manager. The manager will help to oversee they affairs in the business venture. If it is not a big business I don't think there is a need for that.

Yeah, small business finances are easier to be managed by the business owner. This is because it is a small manageable amount. But larger businesses require a financial manager to do the job.

 

[Chibson]

Yeah, small business finances are easier to be managed by the business owner. This is because it is a small manageable amount. But larger businesses require a financial manager to do the job.

one person cannot be even be able to handle the finances of a very big business venture. It needs a lot of people to do their job perfectly. Small business ventures do not have a problem with that at all.

 

[eenya00]

one person cannot be even be able to handle the finances of a very big business venture. It needs a lot of people to do their job perfectly. Small business ventures do not have a problem with that at all.

it is not possible for a business to reach that height and rely on one person to do the books of the company, as you would need many hands to facilitate the progress of the job

 

[Planbizzle]

A finance manager is a person who is responsible for managing the finances, investments, and capital of a company or any kind of business. Having a finance manager is a big requirement, especially if you run a large company. So, what are your thoughts about this? Would you hire a finance manager for your business?

Businesses that require help with monitoring and controlling their resources in addition to performing more advanced financial activities like budgeting and projections may find it helpful to hire a finance manager. A finance manager can also assist organizations in making wiser choices regarding investment opportunities and perhaps other financial issues.

 

[Chibson]

it is not possible for a business to reach that height and rely on one person to do the books of the company, as you would need many hands to facilitate the progress of the job

Definitely, big companies like Google and so many others actually have a lot of people who take care of their finances. They actually employed several people across the world in that department alone.

 

[Abigael]

it is not possible for a business to reach that height and rely on one person to do the books of the company, as you would need many hands to facilitate the progress of the job

Yeah, if your business is big, you will need more hands managing the finances and books of the company. Record keeping and accounting is not an easy job to be ran by one person for a big company.

 

[Nomad]

If your company is doing good, why should you hire a finance manager, if your company is struggling why do you have to pay a lot of money to hire a finance manager? IN any case, finance managers do not have a magic wand.

 

[Good-Person]

Any big business venture must try as much as possible to hire a manager. The manager will help to oversee they affairs in the business venture. If it is not a big business I don't think there is a need for that.

Well, there are so many small businesses like restaurants in here that have also hired many managers. The fact remains that it all depends on the size of business and how complex the businesses are.

 

[Syldan]

Actually sometimes people hire others to worked for them simply because they don't have time or knowledge to do the job. but if you are all available, it will be more better to do it yourself.

 

[Good-Person]

one person cannot be even be able to handle the finances of a very big business venture. It needs a lot of people to do their job perfectly. Small business ventures do not have a problem with that at all.

Well, this is because the cash flows of such kind of businesses are really huge and such kind of businesses usually deal with more than one clients. This is the main reason why they have to have an accountant.

 

[Chibson]

Well, this is because the cash flows of such kind of businesses are really huge and such kind of businesses usually deal with more than one clients. This is the main reason why they have to have an accountant.

Yeah, the financial inflow into some busineses is always very huge and having an an accountant who is very professional is very important. It is actually the case with so many companies and big business ventures.

 

[Genie01]

It largely depends on whether it is a small startup company or a large one.
Even though it is very advisable to have one , It might be difficult in terms of finances to obtain one by small companies.

 

[Good-Person]

Yeah, the financial inflow into some busineses is always very huge and having an an accountant who is very professional is very important. It is actually the case with so many companies and big business ventures.

Well, financial flow and flow of capital is a positive thing but only when your income statements are positive in the first place and when your company generates huge amounts of profits.

 

[Chibson]

Well, financial flow and flow of capital is a positive thing but only when your income statements are positive in the first place and when your company generates huge amounts of profits.

Yes, if your income statement is positive then it means that your business venture is generating good amount of profit. As a business man you need a financial manager to handle all these.

 

[Good-Person]

Yes, if your income statement is positive then it means that your business venture is generating good amount of profit. As a business man you need a financial manager to handle all these.

Well, it takes a lot of willpower to make sure that you control your expenses and stop spending money. This is what I am planning to do. The fact remains that saving money is quite hard.

 

[Chibson]

Well, it takes a lot of willpower to make sure that you control your expenses and stop spending money. This is what I am planning to do. The fact remains that saving money is quite hard.

saving money is not easy actually but it is not impossible. You just have to make sure that you put the right things in place and be very much disciplined. It may not be easy but it is very possible.

 

[Good-Person]

saving money is not easy actually but it is not impossible. You just have to make sure that you put the right things in place and be very much disciplined. It may not be easy but it is very possible.

It might not be impossible to save money. However, as inflation is increasing, it is becoming incredibly hard. The fact remains that many people do not even have the right resources to fulfil their needs at the right time.

 

[Chibson]

It might not be impossible to save money. However, as inflation is increasing, it is becoming incredibly hard. The fact remains that many people do not even have the right resources to fulfil their needs at the right time.

That is very true. There are so many people who are not making enough money to be able to take care of their needs talk less of saving. that is why I prefer to try to have multiple sources of income.

 

[Trey]

If you already have an accountant which I suppose every organization should have, there is no need for a financial manager. All the roles you mentioned there are roles that can be performed by an accountant.

Having a financial manager and an accountant would lead to duplicity of roles and unnecessary redundancy.

 

[Abigael]

If you already have an accountant which I suppose every organization should have, there is no need for a financial manager. All the roles you mentioned there are roles that can be performed by an accountant.

Having a financial manager and an accountant would lead to duplicity of roles and unnecessary redundancy.

Yeah, an accountant can do all the financial management of a company. Having both an accountant and financial manager will just lead to duplication of roles and a wastage of money paying our two salaries instead of one.