Many small businesses can’t afford a full‑time chief financial officer, but they still need strategic financial advice. That’s where a fractional CFO comes in.
Role overview. A fractional CFO is a part‑time financial executive who helps companies plan, forecast and manage cash flow. They typically work a set number of hours each month.
Strategic planning. Fractional CFOs review financial data and help set growth targets. For example, a Seattle tech startup might use a fractional CFO to analyze revenue streams and recommend funding strategies.
Budgeting and cash‑flow management. They create budgets and cash‑flow forecasts to ensure your business can pay its bills and invest in growth. They also identify unnecessary expenses and improve profitability.
Reporting and investor relations. If your company seeks funding, a fractional CFO prepares financial statements and communicates with investors. They help translate numbers into clear messages.
Real‑world example. A local coffee roaster hired a fractional CFO to evaluate whether to open a second location. The CFO reviewed sales trends and operating costs, projected cash flow, and recommended waiting six months until cash reserves were stronger.
By searching for “fractional CFO Seattle,” businesses discover this flexible option that bridges the gap between basic bookkeeping and full‑time financial leadership.
