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Chris Fenster spent 12 years as a full-time CFO trying to figure out an efficient way to manage the dynamic financial needs of early stage firms. He finally gave up in 2008 and started Propeller Industries, which currently handles the finances for nearly 200 emerging CPG and tech companies. Propeller Industries provides CFO, business strategy and outsourced accounting services for early-stage growth companies and has practice areas in technology, business services, healthcare, food & beverage, consumer products and manufacturing.
As your company outgrows bookkeeping, you’ll be tempted to hire a full-time financial person. Outsourcing financials can be a better way to navigate the awkward adolescence of building an in-house finance team.