Question 1

What does a fractional CFO do?

Accepted Answer

A fractional CFO provides executive-level financial strategy on a part-time basis. This includes cash flow forecasting, financial modeling, KPI development, tax strategy, and board-ready reporting -- without the $200K+ salary of a full-time CFO.

Question 2

How is a fractional CFO different from a bookkeeper or CPA?

Accepted Answer

A bookkeeper records transactions. A CPA files taxes. A fractional CFO provides forward-looking financial strategy -- helping you make better decisions about hiring, expansion, pricing, and cash management before problems arise.

Question 3

What size business needs a fractional CFO?

Accepted Answer

We take new engagements from $5M in revenue, and most of our work is with independent, multi-center imaging and healthcare groups doing $5M–$50M in revenue across two or more locations. Below that, a good bookkeeper and an annual tax planner usually serve an owner better than a fractional CFO does.

Fractional CFO Services