How do you guys typically go about recruiting CEO and CFOs to run the businesses your small businesses when you are strapped for cash and may not be able to pay them the market salary until a few acquisitions. In addition to this who would be the avatar for the type of person that would be take a deal like that. What is the average salary you offer a fractional CFO/CEO vs full time? What is the vesting schedule that you offer for equity?
Thanks
CEO and CFO to run businesses
by a searcher from Louisiana State University - E. J. Ourso College of Business
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I know we are all enamored with the idea of this being a HoldCo situation, but I would imagine that at least the first year or two will be a YouCo situation. Definitely find a business you will be good at running and enjoy the learning process. - JC .