B2B CFO EXPANDS IN MICHIGAN
LOCAL BUSINESSMAN JOINS NATIONAL FIRM TO HELP SMALL AND MID-MARKET BUSINESSES AS CFO FOR HIRE
(Hamilton, MI) January 10, 2013 – B2B CFO is pleased to announce its expansion in Michigan with the addition of Harvey Elgersma. Elgersma joins B2B CFO after 25 years of successful diversified experience. He is the eleventh B2B CFO partner in Michigan providing CFO services to local business owners.
With more than 200 partners across the country, B2B CFO, is the nation’s largest CFO services firm. The “1099 CFO” role is a hallmark of the firm that provides services exclusively to emerging and mid-market companies. Elgersma joined B2B CFO as a partner in November 2012. Elgersma’s clients benefit from his combination of executive finance and consulting experience supported by the depth of resources provided by the national firm.
Prior to joining B2B CFO, Elgersma served in several financial oriented positions at numerous organizations in both public and private companies. He has a strong background with measurable proven success of working with the shareholders of small and medium sized businesses under $250m sales. Over his career he has been involved in multiple acquisitions and divestitures across a variety of industries.
Elgersma’s previous experience includes orchestrating a financial overhaul that improved the bottom line from a $3.5 million loss to a $1.2 million profit in three years. He also restored the accuracy and faith in monthly financial reporting by implementing basic financial controls and creating repeatable business processes. As a result, month-end closing went from over three weeks to three days
“We welcome Harvey to the B2B CFO Partnership. In many ways he represents a snapshot of the organization: business experience and an entrepreneurial outlook, with deep roots in finance and strong connections in the community,” said Jerry L. Mills, founder of B2B CFO.
In his role as B2B CFO Partner, Elgersma offers business owners of privately held growth-oriented businesses the opportunity to have an affordable trusted business advisor. Unlike a contract controller or interim CFO, a B2B CFO Partner works to create a long-term professional relationship to help the company grow its profitability and cash flow.
“Western Michigan has an abundance of entrepreneurial companies passionate about their products and services” said Elgersma. “Many business owners find themselves distracted from the activities that drive the success of their company. My mission is to help them reach their next level of success and to maximize the value of their business.”
For the business owner, Elgersma brings a unique business perspective having served as a CFO in private industry and as a certified public accountant (“CPA”) in public accounting. His previous work has given him the unique experience of really knowing and understanding the needs of a business owner.
Elgersma earned his Bachelor of Business Administration with an Accounting Emphasis at Grand Valley State University. He began his career in public accounting as an auditor where he had the opportunity to work with numerous businesses.
He is a member of the AICPA and MACPA and has served on the boards of a credit union as well as the Mid-America Cooperative Council. Elgersma has also served on the Michigan Chamber of Commerce’s Health and Human Resources Committee and is a financial mentor for a local charitable organization.
In his free time Elgersma enjoys golfing, hiking, kayaking and reading. He also enjoys traveling and taking long walks with his wife.
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ABOUT B2B CFO®
Headquartered in Phoenix, Ariz., the firm was founded in 1987 by Jerry L. Mills who pioneered the “1099 CFO” concept. Today, B2B CFO is the nation’s largest CFO services firm serving entrepreneurial, growth and mid-market companies. The firm’s partners have an average of 25 years of experience and each individual partner is a senior level executive with a broad range of expertise. Please visit online at www.B2BCFO.com to find out more about the company and B2B CFO careers.