Overall Survey Results:

2010 CFO Services Annual Survey

How long have you or your firm provided Contract CFO services?

Answer

100%

Number of
Responses

Response
Ratio

0 to 2 years

25.8%

2 to 5 years

25.8%

More than 5 years

48.3%

Totals

100%

How much CFO Services revenue does your organization generate annually?

Answer

100%

Number of
Responses

Response
Ratio

$100,000 to $250,000

61.2%

$250,000 to $500,000

12.9%

$500,000 to $1.0 million

6.4%

Over $1.0 million

19.3%

Totals

100%

How do you anticipate your client base will change in 2010?

Answer

100%

Number of
Responses

Response
Ratio

Some decrease in the number of clients

3.2%

No change in the number of clients

6.4%

Up to 20% increase in the number of clients

58.0%

Over 20% increase in the number of clients

32.2%

Totals

100%

How many professional part time CFO's are affiliated with your practice?

Answer

100%

Number of
Responses

Response
Ratio

Solo practice

51.6%

1-3 professionals

19.3%

3 to 10 professionals

16.1%

More than 10 professionals

16.1%

Totals

100%

How do you anticipate your charge rates will change in 2010?

Answer

100%

Number of
Responses

Response
Ratio

No change or a decrease in average rates

64.5%

5% to 10% increase in average rates

29.0%

Over 10% increase in average rates

6.4%

Totals

100%

Are you affiliated with a CPA practice?

Answer

100%

Number of
Responses

Response
Ratio

Yes

12.9%

87.0%

Totals

100%

Are you more or less optimistic about economic conditions in 2010 compared to 2009?

Answer

100%

Number of
Responses

Response
Ratio

58.0%

Less

3.2%

Uncertain

38.7%

Totals

100%

Do you anticipate adding partners or employees in 2010?

Answer

100%

Number of
Responses

Response
Ratio

Yes

35.4%

64.5%

Totals

100%

Who/What is your primary client referral source?

Answer

100%

Number of
Responses

Response
Ratio

Bankers

38.7%

CPA's

19.3%

Attorneys

19.3%

Other Clients

29.0%

Other Professionals

48.3%