To cater to this rise in demand, the number of firms offering outsourced CFO services has risen dramatically in recent years as well. This might seem like a very good thing for small business owners, since more competition means that outsourced CFO Service providers will now lower costs and add more features to their existing packages in a bid to get more businesses to acquire their services. But there is flip side to this as well, which as a business owner, you should never ignore.