The top fractional CFO rankings for 2022 have been released! Here are the top 10 firms, as well as their fees and contact information.

1. Fractional CFO Services
Fees: $2,500 - $5,000 per month
Contact: info@fractionalcfo.com

2. The Financial Navigators
Fees: $1,500 - $3,000 per month
Contact: info@thefinancialnavigators.com

3. One Up Advisors
Fees: $2,000 - $4,000 per month
Contact: info@oneupadvisors.com

4. Beacon Hill Associates
Fees: $2,250 - $5,000 per month
Contact: info@beaconhillassociates.com

How to Find a Fractional CFO

There are a few different ways that you can find a fractional CFO for your business. The first way is to ask around for recommendations from other businesses or entrepreneurs who have used this type of service before. You can also look online for lists of fractional CFOs or search for firms that offer these services.

Another way to find a fractional CFO is to contact a professional placement agency or executive search firm. These organizations can help connect you with the right candidates for your needs. Finally, you can also reach out to businesses or consultants who offer financial consulting services to see if they know of any good fractional CFOs in your area.

What Does a Fractional CFO Do?

A fractional CFO is a senior financial executive who works with businesses on a part-time, as-needed basis. A fractional CFO can provide the same level of financial expertise and strategic insight as a full-time CFO, but at a lower cost.

A fractional CFO can help your business in a number of ways, including:

Developing and implementing financial strategies

Improving financial controls and systems

Managing cash flow and working capital

Negotiating loans and lines of credit

Preparing for and managing an IPO or other capital raise

Providing financial analysis and decision support

A fractional CFO can be an invaluable resource for businesses of all sizes. If you are considering hiring a fractional CFO, be sure to check out our top fractional CFO rankings for 2019.

Pros and Cons of Working With a Fractional CFO

There are many reasons to consider working with a fractional CFO. They can provide expert financial advice and guidance when needed, without the full-time commitment or cost of a traditional CFO. However, there are also some potential downsides to consider before hiring a fractional CFO.

Some pros of working with a fractional CFO include:

1. Flexibility - A fractional CFO can be hired for as little or as much time as needed. This can be helpful for businesses that cannot afford a full-time CFO or do not need one on a permanent basis.

2. Expertise - Fractional CFOs bring a wealth of experience and knowledge to the table. They can offer valuable insights and perspectives on financial matters that businesses may not have access to otherwise.

3. Cost-effectiveness - Hiring a fractional CFO can be more cost-effective than hiring a full-time CFO, since businesses only pay for the time they need.

Some cons of working with a fractional CFO include:

1. Limited availability - Since fractional CFOs typically work with multiple clients, they may not always be available when needed. This can be an issue if businesses require immediate assistance on financial matters.

2. Lesser commitment - A fractional CFO is not usually as committed to the success of a business as a full-time CFO would be. This could lead

How Much Does a Fractional CFO Cost?

There are a number of factors that will affect the cost of hiring a fractional CFO. The most important factor is the size of your company. A larger company will need a more experienced CFO and will therefore be willing to pay a higher salary. The industry you are in will also affect the cost, as some industries are simply more lucrative than others. Finally, the location of your company can also play a role in how much you will pay for a fractional CFO. Cities with a higher cost of living will obviously require a higher salary than smaller towns or rural areas.

How to Choose the Right Fractional CFO for Your Business

There are a few key things to keep in mind when choosing the right fractional CFO for your business.

First, you'll want to make sure that the CFO has experience working with businesses in your industry. This will ensure that they understand the unique financial challenges and opportunities that your business faces.

Second, you'll want to choose a CFO who has a track record of success. Look for someone who has helped businesses achieve their financial goals and grow in a sustainable way.

Third, you'll want to find a CFO who is a good fit for your company culture. The CFO will be working closely with other members of your executive team, so it's important that they gel well together.

Finally, you'll want to make sure that the CFO you choose is affordable for your business. Be sure to get quotes from several different firms before making your final decision.

By following these guidelines, you can be confident that you're choosing the best possible fractional CFO for your business.

Conclusion

It's always a good idea to stay ahead of the curve when it comes to your finances, and that's why we've put together this list of the top fractional CFO rankings for 2022. This way, you can be sure that you're getting the best possible advice and financial guidance for your business. whether you're just starting out or you've been in business for years, these rankings will help you find the right CFO for your needs.

FAQs

What is a fractional CFO?
A fractional CFO is a part-time or interim financial executive who can provide strategic and financial guidance to small and medium sized businesses on an as-needed basis.

Why would I need a fractional CFO?
There are many reasons why you might need a fractional CFO. Perhaps you are a startup that doesn't yet have the resources to hire a full-time CFO, or maybe you are an established business going through a period of growth or transition and need some extra help in the finance department. Either way, a fractional CFO can provide the expertise and support you need to make sound financial decisions for your business.

How much does it cost to hire a fractional CFO?
Fractional CFOs typically charge by the hour, with rates ranging from $250 to $750 per hour. You can expect to pay more for a seasoned executive with extensive experience, but even so, hiring a fractional CFO is usually much less expensive than hiring a full-time equivalent.

Where can I find a good fractional CFO?
There are many ways to find a qualified fractional CFO. You can ask for referrals from other businesses in your industry, search online directories or job boards, or contact professional organizations like the Association for Financial Professionals or the National Association of Certified Public Accountants.