Why a fractional CFO?
Strategic growth requires a strategic leader. An experienced CFO supports the most crucial decisions made by most organizations. The average experienced CFO salary can start in the $250,000 per year range. This does not include bonuses, taxes, and other benefits. Most small and medium-sized entities need the advising a CFO provides, but do not need one for 40 hours per week. This is where a fractional CFO steps in.
A fractional CFO can provide expertise in areas like:
- Sales forecasting
- Financial analysis
- Marketing/cost strategy
- Benchmarking
- Financing
- Risk and insurance
- And many other functions
When you join us, we strive to provide valued-added strategic advice that goes beyond bookkeeping or even the skillset of the CEO or founder. The founder typically is the visionary, but we assist in implementing the vision. One of the biggest feedback items we get is awareness -- "I didn't realize could see that!" We typically answer questions like:
- What marketing channel gives us the best return on investment?
- What questions do we ask when setting a sales goal (like capacity limits, break-even, and more)?
- What bonus structure incentivizes our team and could contribute to sales growth?
- What is the best financing option for our next equipment purchase?
You will have regular access to the fractional CFO and to the rest of the team as well. Let's talk about how we can grow together.
