Fractional CFO
Engagement Overview
WHAT IS A FRACTIONAL CFO
A Fractional CFO plays a role in guiding the financial health and strategic direction of a startup. They offer expertise and guidance on various financial matters, enabling the company to make informed decisions and achieve its long-term objectives.
MENU OF TASKS
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Clean financials
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Clean reporting
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Founder-led financials (article by me)
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Margin analysis
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Pricing analysis
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FP&A (financial planning and analytics)
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Team cohesion metrics
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Investor/Board prep
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Cash out date/Liquidity monitoring
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Forecast model
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Actual vs budget tracking
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Fundraising
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Strategic advisory
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Expense & financial processes
HOW WE WORK TOGETHER
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Scope is typically 20-25 hours/month, but can vary by startup or as needs evolve
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Monthly fee (typically $10k-$12k/mth) + advisor shares
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We meet often, a few times a week
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Clear responsibilities and defined roles as well as stepping in as needed (startup chaos is familiar to me)