Smart business owners are saying goodbye to the $300,000 CFO.
Hiring a full-time CFO is expensive. That’s a HUGE hit to the bottom line for small to mid-sized companies. But a fractional CFO gets you a solid expert without the massive price tag. Here’s how they stack up. Full-Time CFO: - Salary: up to $300,000 annually - Total Cost: $360,00 including benefits - More management work for you - You pay for external training - Long-term commitment - More employee liability Fractional CFO Services: - Monthly fee, a fraction of full-time costs - Flexibility to scale services up or down - Can be part of your accountant's team, so have one less vendor to manage Be smart: Get your finance expert without breaking the bank.