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What is a Fractional CFO?

A Fractional CFO, now sometimes called a virtual CFO, is a Chief Financial Officer who supports a company on a part-time basis. Depending on the circumstance, a Fractional CFO can work remotely, in-office, or in a hybrid arrangement. A Fractional CFO usually works between 2-15 hours a week, but the work schedule is very flexible, subject to the company's needs.

Many times a company will call on a Fractional CFO several times a month whenever they need guidance. Other times, the Fractional CFO will spend a set amount of time every week working with the company on a wide variety of challenges.

Do I need a Fractional CFO?

If your business needs the expertise of a CFO but you don't have the need or budget for a full-time hire, a Fractional CFO is a great solution.

A Fractional CFO can provide occasional guidance or they can roll up their sleeves and manage any set of finance tasks you need covered.

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Benefits of a Fractional CFO

A Fractional CFO is available when you need them. They are a low risk solution to your financial challenges and provide a fresh perspective on your company situation. It is the most cost-effective route to leverage the knowledge and expertise of a highly experienced CFO.

McCracken supports companies throughout the United States in a fractional capacity, guiding companies as they navigate new territory.

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