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The South Florida Business Journal recently held a roundtable for the chief financiers of firms across a variety of industries in the region.

Up for discussion was how exactly these executives help their companies expand, either through acquisitions or the creation of new products/services.

Gunster COO Steve McDermottGunster’s Chief Operating Officer Steve McDermott was a member of the panel.

Entering new marketplaces can be another way to grow a business, McDermott said, according to Business Journal writer Eleazar David Melendez. McDermott mentioned Gunster’s expansion into both the Tampa and Orlando markets – and the firm’s most recent opening of a new office in the Winter Park area of central Florida.

Read the Business Journal article about the roundtable: CFO Roundtable: Create or acquire? (note: subscription may be required)

According to the article, panelist suggest business executives consider the following when contemplating a particular type of growth: (1) whether a more valuable company will result; (2) what a cost/competence/control analysis tells you; and (3) which stakeholders are meant to benefit from the growth. Company culture and outsourcing opportunities are additional considerations that may also come into play.

Roundtable panelists were:

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