Concept · Talent and hiring
Fractional CFO
Also called: fractional chief financial officer, part-time CFO, virtual CFO, outsourced CFO, CFO as a service
A part-time chief financial officer. They handle the money side a bookkeeper does not: forecasts, budgets, cash runway, pricing, and preparing for a fundraise or a sale.
For example: Before raising a seed round, a founder brings in a fractional CFO to build a financial model and answer investors' questions about burn rate and runway.
Connects to 5
- Fractional executive Concept
- Burn rate Concept
- Runway Concept
- Unit economics Concept
- Due diligence Concept
This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.