CFOs preparing for growth eye costs.

Author:Heffes, Ellen M.
Position:GROWTH - Chief financial officers - Brief article

While cost control remains the primary focus for many financial executives, others also are looking toward expanding their businesses, new research finds.

Nearly two-thirds (65 percent) of more than 1,400 of chief financial officers (CFOs) interviewed across the United States for a Robert Half Management Resources survey cited managing spending as a high priority in 2013; close behind is business expansion, which was reported as a main objective by 52 percent of respondents.

"Executives are essentially looking both ways before they cross the street," said Paul McDonald, Robert Half senior executive director. "They recognize the importance of continuing to carefully manage costs but also are beginning to explore opportunities to grow the business...

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