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Count on more rented CFOs

January 11, 2005 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Louisa Davis was in a fix.

She hadn’t seen her company’s financial statements in five months, she couldn’t tell if bills had been paid, and more than half of her customers had not paid her in three months.

Chocolate and toffee were piling up in her Kirkland warehouse, and she couldn’t find enough buyers for it all.

"It was absolute chaos in the financial area," said Davis, owner of Elegant Gourmet, a seasonal cookie and chocolate maker in Woodinville. "I knew we had problems but I couldn’t fix it myself."

By Kristina Shevory

Seattle Times Eastside business reporter

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2002147466_rentacfo11.html

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