Frequently Asked Questions
What is a fractional CFO?
A Fractional CFO is a Chief Financial Officer or Financial Executive who offers expert financial strategy at a fraction of the cost.
Do all businesses need fractional CFO?
Most businesses will benefit from a fractional CFO. These small businesses are generating revenue, but not enough to cover the costs of a full time CFO.
What can a fractional CFO help my business with?
We help your business by getting your clear on your biggest cost, pricing your services with strategy and know how much and when to pay yourself.
Can my bookkeeper or CPA do this work for me?
While we always encourage a bookkeeper for daily transaction support and CPA’s for tax preparation and financial statement readiness, Fractional CFO’s expertise lies in a different realm. Bookkeepers and CPAs are using historical data to look in the rearview mirror to tell you what happened in your business. Fractional CFO’s use historical data, current market conditions and intuition to project financial expectations for the future.
We highly recommend using a Fractional CFO to assist with future looking financial strategy.