Full-Time vs Fractional CFO Cost Calculator
How much does a fractional CFO cost?
The decision to hire a full-time vs. a part-time CFO (or any other role) generally comes down to utilization and cost. In addition to high-level financial advice, you might want to hire a CFO to help with:
- Financial strategy
- Cash flow issues
- Financial reporting
- Setting up financial systems
- Building and leading your accounting and finance team
- And more
Yet, even if you need all of these things in our experience, most small businesses don’t need a full-time CFO until they reach ~$25M in revenue.
Use our CFO calculator to see what would be more cost-effective – hiring a fractional CFO or bringing someone on full-time. Fractional CFO hourly rates can vary, so we provide standard fractional CFO rates and a suggested base CFO salary to get you started. Customize these figures to your situation and check the math yourself.
If fractional CFO work is the right solution for your business, learn more about our fractional CFO services. Or, if you are ready to hire a full-time CFO, check out our finance executive search services.
