Fractional CFO Service

Provide part-time CFO services to growing companies offering financial strategy, planning, fundraising support, and executive financial leadership

Startup Cost
$3,000-$10,000
Difficulty
Advanced
Time to Profit
6-12 months
Profit Potential
$10,000-$33,000/month

Overview

Fractional CFOs provide senior financial leadership to companies unable to afford full-time CFOs - offering financial strategy, planning and budgeting, cash flow management, fundraising support, and financial team leadership part-time.

You work 1-3 days weekly or monthly as strategic financial advisor.

Fees range from $5,000-$20,000 monthly depending on engagement scope.

Managing 2-5 concurrent fractional CFO clients generates $120,000-$400,000 annually with 75-90% margins.

Target clients include startups raising funding, growing companies ($2M-$50M revenue), private equity portfolio companies, family businesses professionalizing, and companies between CFOs.

Services include financial strategy and planning, budgeting and forecasting, cash flow management, fundraising support and investor relations, KPI development and reporting, and financial team leadership.

Success requires extensive CFO or senior finance experience, strategic financial thinking beyond accounting, fundraising and investor relations knowledge, executive communication and presence, and ability to provide value part-time.

Many fractional CFOs come from corporate CFO roles, specialize in industries or company stages (all startups), potentially work with private equity firms, charge premium for experience, and maintain multiple long-term clients.

Required Skills

  • Strategic Finance
  • Financial Planning
  • Fundraising
  • Executive Leadership
  • KPIs and Metrics

Pros and Cons

Pros

  • Premium fees for executive expertise
  • Strategic work versus transactional
  • Multiple clients provide income stability
  • Flexible fractional model
  • Work with growing interesting companies

Cons

  • Requires extensive CFO experience
  • Balancing multiple client needs
  • Part-time limits depth of involvement
  • Client acquisition requires strong network
  • Economic downturns reduce hiring

How to Get Started

  1. Gain extensive CFO or senior finance experience
  2. Develop fractional CFO service offering
  3. Build financial frameworks and tools
  4. Network with CEOs, investors, and PE firms
  5. Get initial fractional engagement
  6. Prove value and build case studies
  7. Maintain 2-4 concurrent clients

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