30 septembre 2014
3ième Université des Entrepreneurs du Val d'Oise
Organisé par la CGPME au Golf de Montgriffon
15 mai 2014
Au théâtre Silvia Monfort
Rencontre des réseaux d'entreprises du Val d'Oise
11 mars 2014
A l'Hôtel d'Agglomération d'Argenteuil Bézons
AG ordinaire et extraordinaire suivi d'un coktail
You have decided to create in France a subisdiary. It is an important move for you and the stakes are maybe quite high. You know how the products will be produced or brought over. You have set up your commercial forces. It remains the administrative aspects. A freelance CFO, working part time for you can be a solution.
It might look strange to you, but to take into consideration the local culture is very important. The local CFO, can be the bridge between your culture and French culture. We have in France an approach which can be a surprise to other cultures.
To take an example: our accounting process. In France, one of the main purpose of general accounting is to produce information for the state, so that it can tax you. However you want to have an accounting which fulfills your economical needs. This is quite understandable. So you need to set up a system which fulfills both your need and French regulation. Not to do that can cost you dairly.
A local CFO understanding both culture is very usefull. He will be able to explain to you the differences. He will constitute a bridge between the two cultures. We can only advise that. DAF Evolution has this type of experience and can help you there.
Even though, your new subsidiary is small, you aim at developing it. It is important therefore to set it up properly. A part time CFO will be of great help for you, because he knows what a business is like. He can supervise the accounting, produce the reports you necessarily need. He can do all the financial analysis you may require. He understands the importance of cash and can implement the right tools to enhance it and monitor it.
Using a part time CFO, is a good solution, as it combines two important points. First of all, the experience of a CFO, secondly the cost which remains acceptable for a new company. Indeed, he will work only as much as it is really required. When your company will have grown, you might need a full time CFO, in that case he will be able to help you to recruit a suitable person.
DAF EVOLUTION, has been set up in order to provide to small businesses an experienced and well trained CFO. Having lived and worked abroad (notably England, Italy and Sweden) we understand the different cultures, the different business approaches. For more information do not hesitate to contact us.
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