Frequently Asked Questions

A fractional CFO is a seasoned financial executive who provides high-level financial strategy and management expertise on a part-time or project basis. This allows businesses to access top-tier financial leadership without the cost of a full-time CFO.

You might benefit from a fractional CFO if you're experiencing rapid growth, planning for expansion, need help with financial strategy, or want to optimize your financial operations without hiring a full-time executive. Common indicators include: complex financial decisions, need for better reporting, preparation for funding rounds, or desire for strategic financial planning.

Our fractional CFOs provide a wide range of services including financial strategy development, budgeting and forecasting, cash flow management, financial reporting and analysis, fundraising support, M&A guidance, and strategic planning for growth.

The cost varies based on your needs and engagement level. Our flexible pricing models can range from monthly retainers to project-based fees, typically saving 40-70% compared to a full-time CFO while providing the same level of expertise.

Engagement frequency is customized to your needs. Some clients require weekly on-site meetings, while others prefer monthly virtual check-ins. We'll work with you to determine the optimal schedule for your business goals.

The team at FFO are all current and former business owners. We understand the challenges you face running your business and what a strong financial back office can do for a growing and scaling business. We leverage our experiences to deliver strategic and trusted advice with supporting data that we know is accurate and correct.

We are efficient and optimize for transparency. As a client, you have full-time access via text, email, phone, etc. to your dedicated CFO in addition to customize meeting and email cadence (weekly email summary, monthly review calls, weekly calls, etc.). We are also a more cost-effective solution vs. hiring full-time (no benefits, no FICA taxes, etc.)

Every client and business is different, but in general, we charge an upfront implementation fee for any over-time work needed to upgrade/fix existing software, systems and processes, etc. We also charge one monthly fee that encompasses all services scoped in your proposal. We optimize for simplicity and a “help first” approach when charging for our services.

We think about our target market slightly different – we look to work with business owners committed to investing in growth and a strong finance back office. If you’re committed to building a better version of your business, we’re speaking the same language!