Part Time (Fractional) or Full Time CFO?

How to decide - part-time or full-time CFO

Deciding on a part-time or full-time CFO is unique to each business based on a variety of factors, including:

CFOs should be focused on the important responsibilities of the finance team. If the CFO is also doing day-to-day work, you are probably better off with a Part-Time CFO.

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Things to consider

Some guidelines to consider when choosing between a part-time and full-time CFO:

Businesses with $2M – $20M in annual Revenue and/or between 10 and 100 employees are good candidates for a Part-Time CFO.

Our programs range from 1-day per month on the low end to 2-days per week on the higher end (unless there are short term projects that require additional support).

For businesses requiring more than 2 days per week of CFO-level involvement on a consistent, ongoing basis, a full-time CFO is probably more cost effective.

If you aren’t sure about whether your company would benefit from a part-time or full-time CFO, contact us today and we can discuss your specific situation in detail.

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