What To Expect When From A Fractional CFO?

1
What To Expect When From A Fractional CFO?
A fractional or outsourced chief financial
officer is a person who has CFO experience and
who helps corps with their financial needs on a
part-time basis, either on a retainer or
typically a contracted basis. So, what does a
fractional CFO do for a business? The answer to
this question depends on your business
situation maybe there is a special financial
challenge such as raising capital, executing a
new accounting system, navigating a project like
an audit, or some other important financial
transaction. The benefits the company can get
from fractional CFO services are significant.
Likely the most obvious advantage is the ability
to have a seasoned vet on the team at a bit of
what it would cost to hire a full-time vet. Most
fractional CFOs also have experience with many
other businesses.