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How Many Businesses Are Like Yours?
450,000 to 700,000 U.S. businesses have annual revenues between $2 million and $10 million as of March 2025. You’re part of a vibrant group of small to midsize firms driving growth!
Average: $150,000-$200,000 per employee (around $175,000 typical).
e.g. For a $6M company with 35 employees, each team member contributes about $171,000 to your bottom line. Knowing this helps you measure efficiency and growth potential.
Employee costs = 25%-35% of revenue (average 30%).
e.g. A $6M firm might spend $1.8M on staff (wages, benefits, taxes). This is a big chunk of your budget—optimizing it is key!
Time: 700-1,400 hours/year (13-27 hours/week).
Cost: $40,000-$80,000/year (0.7%-1.3% of revenue).
e.g. For a $6M business, accounting takes effort and dollars. Streamlining it can free up time and cash for growth.
Accounting Firm: At $3M-$5M, when bookkeeping gets complex or you need expert tax help.
Fractional CFO: At $8M-$10M, if you’re scaling fast or raising funds.
Full-Time CFO: At $10M-$20M, when strategic finance becomes critical.
High Tech CFO Tip: Don’t wait too long—our fractional CFOs can step in at $2M+ to boost your strategy without the full-time cost.
$5M-$7M: The sweet spot where tools like AI accounting software save 200-300 hours/year and $7,000-$11,000 in costs.
Earlier ($3M-$4M): If you handle 150+ transactions/month (e.g., retail, e-commerce).
Later ($8M-$10M): For advanced analytics to predict cash flow or growth.
High Tech CFO Advantage: We pair cutting-edge AI with human expertise to make your numbers work harder.
At $2M-$5M, focus on outsourcing accounting to save time and avoid mistakes.
At $5M-$10M, invest in automation and consider a fractional CFO to scale smartly.
High Tech CFO is here to guide you with tailored financial leadership and tech solutions—no matter your revenue stage!
Or hire someone that has....
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Technology is transforming how businesses manage their finances, and I’m here to help you stay ahead. Using AI, QuickBooks Online (QBO), and Docyt, I deliver full-suite accounting—bookkeeping, AP/AR, reporting, and more—without the need for a large staff. These tools save you time, reduce costs, and keep you competitive in today’s fast-paced business world. Check out my latest blog posts to learn how to leverage tech for your financial success.
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