A Fractional CFO does everything a full-time employed CFO does, but ‘fractionally’ or part-time. Fractional CFOs have the same experience and knowledge as full-time CFOs, but usually work for several clients – rather than being employed by one.
Fractional CFOs work to help overcome financial challenges, achieve growth, implement systems, raise capital, or navigate an audit. Hiring a fractional CFO for startups, or for established businesses, is a smart move!
Unlike full-time CFO’s who oversee all financial strategies, a fractional CFO’s duties are usually focused on a specific project and tuned into the company’s particular challenges or goals.