As a business owner, you might be at the point of looking into a CFO and have come across the term Fractional CFO.
So, what exactly does that mean? Simply, it is just an outsourced CFO. Someone you hire who has CFO experience and who helps lots of businesses with their financial needs on a part-time basis.
What Does a CFO Do?
A CFO (Chief Financial Officer) is responsible for monitoring your business’s finances. They can also tell you what changes need to be made. They can also see opportunities that are being missed or products or services that should be cut.