Calculating the Value and Cost-Benefit of a Fractional CFO
As your business grows, your staffing needs inevitably evolve. That’s especially true when it comes to your finance team.
At some point, you’ll need to go beyond basic day-to-day bookkeeping and gain the data-driven financial insights that are vital to running an effective operation and positioning your business to scale and thrive.
Yet, most small-to-mid-sized businesses (SMBs) can’t justify the cost of an in-house senior finance professional, like a CFO. More and more of those businesses are opting to hire a fractional CFO instead.
How do you determine the value and cost-benefit of hiring a fractional CFO rather than a full-time internal employee? This guide can help you make that determination.
