A chief financial officer helps a business plan, manage cash, and make big decisions with confidence. Most small and mid-size businesses need that kind of thinking, but can't justify a full-time executive salary. That's where an outsourced CFO comes in.
What an outsourced CFO does
An outsourced, or fractional, CFO provides the same strategic support on a part-time basis. That typically includes budgeting, cash flow forecasting, financial reporting, KPI tracking, lender and investor preparation, and advice on pricing, hiring, and growth.
Who needs one
Businesses that are growing quickly, planning a major investment, preparing for financing, or feeling tight on cash despite being profitable are good candidates. So are owners who simply want a clearer picture of where the business is headed.
What it costs
Fractional CFO services are usually billed as a monthly fee based on how involved you need the CFO to be. For most businesses, the cost is a fraction of a full-time hire, and the right decisions often pay for the service many times over.
Why it works better with clean books
A CFO is only as good as the numbers underneath. At ClearView, our CFO clients usually have us manage their bookkeeping and payroll too, so the analysis is built on records we know are accurate.
