Looking to secure funding, accelerate growth, or plan an acquisition? A fractional CFO offers expert financial guidance at a significantly lower cost.
|What does a Fractional CFO do?||Move beyond the financials and position your company for a stronger future.|
|How can a Fractional CFO help my business grow?||The role of the modern Fractional CFO has changed. See how.|
|Meet your Fractional CFO||Our experienced Fractional CFO's will deliver transformative leadership.|
|Fractional CFO FAQs||Any other questions? We’ll answer them here.|
We take on the responsibility of providing transformative leadership and accountability for the key decisions that drive your business growth, all with complete flexibility and no fixed-term contracts.
A fractional CFO with a wealth of knowledge, skills, and experience can lead your team to success while helping your business reach new heights.
You don’t have to worry about a lengthy learning curve with us. A fractional CFO demonstrates value from day one, leveraging extensive experience to identify your business’s growth potential quickly.
We don’t believe in long-term contracts or extended notice periods, so we can quickly make changes to our personnel when and if needed.
Engaging a fractional CFO ensures your company not only stays on top of financials, but also benefits from strategic planning and forward-thinking to build a robust future. Their responsibilities include:
Your fractional CFO possesses over ten years of senior finance experience, coupled with an established record of accomplishments.
Free from recruitment charges and extended contracts, we’re flexible and on-demand to your business needs.
By opting for a fractional CFO, small-to-medium-sized businesses can enjoy high-level financial expertise without the hefty expense of a full-time hire.
Your fractional CFO can start work immediately, and our adjustable contracts enable you to tailor commitments to align with your business demands.
Proficient in addressing financial needs part-time, we can deliver the same deliverables as a full-time CFO more quickly.
Embracing their role as a team member, your fractional CFO contributes more than just consultancy, delivering strategic foresight and driving transformative leadership internally.
A fractional CFOs experience and expertise enables them to facilitate transformative leadership that furthers your business aspirations.
Is a fractional CFO worth it?
A fractional CFO can be worth it for many small and mid-sized companies that need financial expertise but may not have the budget or need for a full-time CFO. They can help a company manage financial risk, improve cash flow, and make more informed financial decisions. Fractional CFOs are typically less expensive than full-time CFOs and can be a cost-effective solution for companies that need financial expertise but don’t have the resources to hire a full-time CFO.
What is the difference between a CFO and a fractional CFO?
The main difference between a CFO and a fractional CFO is that a CFO is a full-time executive responsible for overseeing all financial activities within a company, while a fractional CFO is a part-time CFO who provides strategic financial guidance and support on an as-needed basis. A CFO is typically a member of the executive team and reports directly to the CEO or board of directors, while a fractional CFO may work with a company’s existing finance team or outside consultants to provide financial advice and support. Fractional CFOs are often less expensive than full-time CFOs and can be a cost-effective solution for small and mid-sized companies that need financial expertise but don’t have the resources to hire a full-time CFO.
What does a fractional CFO do?
A fractional CFO provides strategic financial guidance and support to a company on an as-needed basis. They can help a company manage financial risk, improve cash flow, and make more informed financial decisions. Fractional CFOs can provide a wide range of services, including financial planning and analysis, budgeting, financial reporting, tax planning, and risk management. They may also work with a company’s existing finance team to provide training and support or help the company hire and onboard new finance personnel.
Why hire a fractional CFO?
There are several reasons why a business might choose to hire a fractional CFO, including:
What is the difference between interim and fractional CFO?
Interim CFOs and fractional CFOs are both temporary, part-time solutions for businesses in need of financial expertise, but they differ in a few key ways.
Interim CFOs are typically hired to fill a temporary leadership gap in a company. This could be due to a sudden departure of a CFO or during a transition period when a new CFO is being recruited. Interim CFOs are usually brought in for a fixed period of time, often six to twelve months, and are responsible for leading the finance department, managing day-to-day operations, and developing financial strategies. They are usually full-time employees and work on-site at the company’s location.
Fractional CFOs, on the other hand, are outsourced financial experts who work part-time for multiple clients. They provide strategic financial advice and guidance, but do not typically manage the day-to-day financial operations of a company. Fractional CFOs are usually engaged on an ongoing basis and work remotely, providing guidance and support as needed. They are often hired by small businesses and startups who cannot afford to hire a full-time CFO.
To summarise, interim CFOs are temporary full-time employees who fill a specific leadership gap, while fractional CFOs are part-time outsourced experts who provide strategic financial guidance and support on an ongoing basis.
What is a fractional CFO for a startup?
A fractional CFO for a startup is a part-time or contract CFO who provides strategic financial guidance and support to a startup on an as-needed basis. Startups often have limited financial resources and may not have the need or budget for a full-time CFO, making a fractional CFO a cost-effective solution.