Frequently Asked Questions
What is a Fractional CFO?
A Fractional CFO is a part-time or contract Chief Financial Officer who provides high-level financial strategy, insights, and guidance without the cost of a full-time executive.
Why hire a Fractional CFO instead of a full-time CFO?
A Fractional CFO gives you executive-level financial expertise at a fraction of the cost—ideal for growing companies that need strategic guidance but aren’t ready for a full-time hire.
Who needs a Fractional CFO?
Small to mid-sized businesses, startups, and growing companies benefit most—especially those experiencing rapid growth, needing better financial clarity, or preparing for funding, acquisitions, or exits.
What services does a Fractional CFO provide?
They offer strategic planning, cash flow forecasting, budgeting, financial reporting, fundraising support, KPI tracking, and help with investor or board communications.
How is a Fractional CFO different from a bookkeeper or accountant?
Unlike bookkeepers or accountants who manage day-to-day finances and compliance, a Fractional CFO focuses on big-picture strategy, planning, and long-term financial health.
Is a Fractional CFO only for companies in financial trouble?
Not at all. Many profitable companies use a Fractional CFO to optimize growth, plan for the future, and make smarter business decisions.
How do I know if it’s the right time to hire a Fractional CFO?
If you're feeling unclear about your financial direction, overwhelmed with growth decisions, or preparing for major changes—it's a good time to bring in a CFO-level expert.
How much does a Fractional CFO cost?
Pricing varies based on scope and hours, but it's significantly less than a full-time CFO. Most fractional services are customized to meet your business’s needs and budget.
Can a Fractional CFO work remotely?
Yes, most Fractional CFOs work virtually and can support your team no matter where you’re located, while also being available for in-person meetings when needed.
How quickly can a Fractional CFO make an impact?
Often within the first 30–60 days. They quickly assess your financials, identify key challenges, and start implementing strategies to improve visibility, cash flow, and performance.