Full-Time vs Fractional CFO Cost Calculator

The math for hiring and firing full-time employees doesn’t always add up.

How much does a fractional CFO cost compared to their full-time counterpart? Use the calculator below to check the math.

In general, however, full-time CFOs run between $300,000 and $400,000 per year (including bonuses, benefits, equity, and overhead). Whereas fractional CFOs typically charge by the hour or day, with rates around $300-$350 an hour. So, an ongoing relationship with a fractional CFO will likely run you between $6,000 and $12,000 per month or $72,000 to $144,000 per year. In other words, you may be able to get the financial leadership and advice you need at a lower cost.

Costs for a Full-Time CFO

Costs for a Fractional CFO

 

Percent Saved Using Fractional Services

Want help figuring out your CFO needs?

If you’re interested in seeing what a Fractional CFO can do for you, fill out the form below and we’ll reach out to schedule a free consultation.

Assumptions:
  • Company Revenues of $5MM
  • Industry: SaaS, ecommerce, business services (e.g. marketing, architect, legal, finance)
  • 2+ direct reports
  • Company has outside investors/lenders
  • CFO turnover every 5 years