FAQs
Top Question
What is a Fractional CFO and how can they help my business?
A Fractional CFO (Chief Financial Officer) is a senior finance leader who works with your company on a part-time, interim, or project basis. They provide the same expertise as a full-time CFO—cash flow forecasting, financial planning, fundraising, investor relations, profitability analysis, and overall financial strategy—without the overhead of a full-time hire.
How is a CFO different from an accountant or bookkeeper?
Bookkeepers handle daily transactions, and accountants manage compliance and statutory reporting. A CFO focuses on strategic decision-making, growth planning, and investor communication. While accountants look at past performance, a CFO looks forward, ensuring your financial strategy supports future growth.
What’s the difference between a CFO, a Finance Director (FD), and a Finance Manager?
CFO: The most senior finance leader, driving strategy, fundraising, and long-term business growth.
Finance Director (FD): Focused on internal finance operations, compliance, and reporting; may contribute to strategy but usually more operational.
Finance Manager: Tactical role overseeing bookkeeping, budgets, payroll, and management accounts; rarely involved in strategic decisions.
What types of businesses benefit most from a Fractional CFO?
Startups, scale-ups, and SMEs all benefit, especially if you:
- Are raising investment or preparing for acquisition
- Need better cash flow and profit margin management
- Are scaling into new markets or international expansion
- Want to improve reporting and strategic decision-making
Even companies with limited resources can gain significant value from part-time CFO support.
How does HireCFO.com match me with the right CFO?
We assess your business, growth stage, financial challenges, and goals, then connect you with a vetted CFO from our network who has relevant sector experience. Whether you’re a SaaS startup, e-commerce business, or professional services company, we ensure a perfect fit for your needs.
Can a CFO help me raise investment or secure funding?
Absolutely. Investors expect clarity and financial credibility. A CFO prepares pitch decks, builds financial models, stress-tests forecasts, and communicates confidently with investors. Their involvement significantly increases your chances of securing funding and negotiating favourable terms.
How much does it cost to hire a Fractional CFO?
The cost depends on the scope of work and hours required. Typically, engaging a Fractional CFO costs between £1000-£1500 in the UK and $1,400 and $2,000 per day, depending on experience and project complexity. While this may seem high for a daily rate, it’s significantly cheaper than hiring a full-time CFO, which can cost between £120k-£200k in the UK and $200k–$400k annually plus benefits. With a fractional model, you get top-tier financial leadership tailored to your business needs—without the long-term commitment or overhead.
Can I hire a CFO for a short-term project?
Yes. Many businesses bring in CFOs for:
- Fundraising or investor due diligence
- Improving cash flow and working capital
- Pricing, margin, and cost strategy
- Preparing for expansion, sale, or acquisition
This flexibility allows you to access top-tier expertise exactly when you need it.
What industries do your CFOs specialise in?
Our network includes CFOs experienced in:
- Technology and SaaS
- Greentech and energy
- E-commerce and retail
- Healthcare and life sciences
- Manufacturing and logistics
- Fintech and professional services
- Financial Services
- Property & real estate
- Hospitality & travel
By matching you with someone experienced in your sector, you benefit from industry-specific insights and strategies.
How quickly can I start working with a CFO?
Often within a week. After understanding your requirements, we introduce you to a suitable CFO, who can quickly begin delivering insights, strategy, and hands-on support.
Why should I use HireCFO.com instead of hiring directly?
Hiring a CFO directly can be expensive, time-consuming, and risky if you don’t know what to look for. HireCFO.com vets and screens top CFO talent, matches you with the right professional, and gives you flexible engagement options. You gain expertise quickly and cost-effectively, without committing to a long-term hire.