What is a Fractional CFO?
Advice
A fractional CFO is an external business consultant for your company.
These are experienced individuals who run their own companies and have worked in senior roles in different companies before.
A fractional CFO has hands-on experience in every aspect of a company’s finances, from bookkeeping and optimising financial systems to budgeting, forecasting, fundraising, exit planning, and due diligence.
They’ve also done high-level strategy including planning for long-term growth.
A fractional CFO has board meeting experience and helps founders understand their financial data. They will explain how things are changing and how to make things better.