Why do I need a Fractional CFO?

If your company has found product-market fit and is generating one million dollars or more in annual recurring revenue, and you are figuring out how to scale your business or want to become profitable, there are critical decisions and plans that can set you up for future success if executed well at this stage. Additionally, if you just raised capital and are trying to figure out the efficiency of your current burn rate and need to take control of your cash flow, there are key considerations. Here is how a fractional CFO can help:

Considerations such as:

• How can we deploy capital most efficiently to drive growth?
• What's the best approach for raising our next round—equity, SAFEs, or convertible notes?
• Can we run scenarios on the next round to decide how much to raise and understand the potential dilution?
• Is non-dilutive financing an option for us?
• How do we extend our runway?
• What do the KPIs tell us, and how do we decide on actions to improve them?"

A fractional CFO serves as a financial business partner, collaborating with multiple companies similar to yours and providing the expertise and insights needed to scale your business.

A fractional CFO can deliver a high return on your investment at a fraction of the cost of a full-time CFO.

To put it into perspective, a full-time CFO typically starts at $200,000, plus at least 30% in benefits and equity.

By engaging a fractional CFO, you gain access to critical, hands-on finance and business guidance, propelling your company to the next stage without the burden of another C-suite salary. We also assist you in transitioning to a full-time CFO when the need arises.