LOCAL BUSINESSMAN LEAVES CORPORATE AMERICA TO HELP SMALL AND MID-MARKET BUSINESSES AS PART-TIME CFO
B2B CFO’s Part-Time Chief Financial Officer Concept Helps Entrepreneurs Connect to Top Talent at Affordable Rates and on As-Needed Basis
HOLLISTON, Mass. — September 10, 2010 – B2B CFO®, the nation’s largest CFO firm serving small and mid-sized businesses welcomes Holliston resident Lawrence H. Staub’s as a partner at the firm. Staub has a successful track record of over 20 years in corporate financial management.Local business owners can leverage Staub by hiring him as their CFO on a part-time, as-needed basis. He is looking to serve as a part-time Chief Financial Officer for companies in diverse industries including technology, manufacturing and service industries.
The part-time/as-needed CFO role is a hallmark of B2B CFO, the nation’s largest CFO firm that provides services exclusively to emerging and mid-market companies. Staub joined B2B CFO as a Partner in August, 2010 becoming the firm’s fourth Partner in the Massachusetts area. Nationwide, the firm has 171 Partners spanning 39 states. As a result, Staub’s clients will benefit from his executive finance experience and the national resources of the firm.
Prior to joining B2B CFO, Staub spent 20 years managing all aspects of the financial and accounting function within a variety of industries, including life sciences, technology and manufacturing. Over the course of his career he completed numerous financial models that have been used in support of an IPO, several secondary rounds of financing and the sale of a company. The total raised in these financings exceeds $75 million. While working for Hemagen Diagnostics in Waltham, Mass. Staub completed the analysis necessary to identify unproductive spending and inefficient uses of time and capital. Using this analysis he developed the solutions that improved profitability and cash flow and implemented those solutions.
“We welcome Larry 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 CFOPartner, Staub 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 CFOPartner works to create a long-term professional relationship to help the company grow its profitability and cash flow.
Massachusetts is ripe for small businesses to benefit from his seasoned track record.
There is no question that small businesses continue to play an integral role in the local economy. According to the U.S. Department of Commerce: Bureau of Census, the total number of small business employers in Massachusetts was 141,961 in 2006, accounting for 98% of the state’s employers and 48.3% of its private-sector employment.
“Joining the B2B CFO Partnership is an exciting opportunity to focus on doing what I do best for small business owners,” said Staub. “The current economic climate has created a strong need for strategic financial advice, astute profitability management, and effective cash flow management as business owners need prudent financial decision making to weather the storm. I am thrilled to join the B2B CFO Partnership because I’m convinced that through strong financial leadership and strategic direction we can help small businesses in Massachusetts prosper and achieve long term growth even in these challenging times.”
Staub, is a CMA and holds a Master’s degree from Boston University. He provides emerging and mid market companies in the Massachusetts market a full breadth and depth of seasoned CFO experience. He is a proven leader, developing, documenting and implementing the policies, procedures and internal controls necessary to provide management the peace of mind that the business is being run effectively and the risk of error or theft has been minimized. He is a member of the Institute of Management Accountants and Financial Executives Networking Group.
Staub grew up in Long Island, New York and currently lives in Holliston, Massachusetts with his wife and two sons.Direct Contact information: Lawrence H. Staub 774.292.1724 32 Karen Circle Holliston MA 01746 firstname.lastname@example.org
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.®
Jerry L. Mills, CPA is also the author of “The Danger Zone – Lost in the Growth Transition” and “Avoiding The Danger Zone – Business Illusions” – non-fiction business books aimed at entrepreneurs. For additional information, or to purchase a copy, please visit online at www.dangerzonebook.com.
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