Need to Restructure Fast? An Interim CFO or COO Can Help You Do It Right
Restructuring is never easy. When businesses face financial strain, inefficiencies, or operational breakdowns, leaders must move quickly to make tough decisions. But without the right expertise, restructuring can lead to missteps that hurt cash flow, disrupt teams, and delay recovery.
Bringing in an interim CFO or COO gives your company the experience needed to restructure the right way—without long-term hiring commitments.
How an Interim CFO Helps in Restructuring
A CFO’s role in restructuring goes beyond balancing books. They focus on stabilizing finances, preserving cash flow, and making data-driven decisions to protect the business.
Key contributions include:
Cash flow management – Identifying gaps, cutting unnecessary expenses, and optimizing working capital.
Cost reduction strategies – Renegotiating contracts, restructuring debt, and improving financial efficiency.
Stakeholder communication – Managing relationships with lenders, investors, and suppliers.
Financial reporting and forecasting – Creating real-time financial visibility for leadership teams.
How an Interim COO Supports Restructuring
Restructuring often involves operational changes, workforce adjustments, and process improvements. A COO’s role is to keep the business running smoothly while shifting to a leaner, more efficient model.
Key contributions include:
Process optimization – Improving workflows, reducing redundancies, and increasing efficiency.
Cost-cutting without disruption – Identifying where to cut costs without harming core operations.
Realigning teams and roles – Ensuring the right people are in the right positions to support the new structure.
Scaling for stability – Implementing new systems and processes that allow for long-term sustainability.
When Should You Bring in an Interim CFO or COO?
Consider hiring an interim executive when:
You need to restructure quickly but lack internal expertise.
Cash flow problems are threatening operations.
You need cost-cutting strategies that won’t slow down the business.
Your current leadership team is stretched too thin to manage the process.
Interim leaders bring an outside perspective, deep expertise, and hands-on execution to keep your business on track.
