Fractional CFO Services for Smart Entrepreneurs

Are you growing enough and need support with your financials, but not ready for full-time CFO yet?
Do you have some specific issues that require a proper financial analysis?

What is a Fractional CFO?

If you are a business owner, you know how important it is to have a sound financial strategy and management. However, hiring a full-time Chief Financial Officer (CFO) is expensive and impractical, especially for small and medium-sized businesses. That’s where fractional CFO services come in handy.A fractional CFO (sometimes called an outsourced CFO or virtual CFO) is a financial professional who provides CFO services on a part-time or project basis. Think of them as freelance finance specialists who contract with your business and offer similar services to a regular CFO without long-term, full-time, often expensive commitments.A fractional CFO provides a wide range of advisory services to a company, including financial planning and analysis, risk management, corporate governance, strategic planning, mergers and acquisitions and more.A fractional CFO can work with your business remotely or on-site, whether you prefer and need it. They can also work with your existing financial team or independently, depending on the size and complexity of your business. They can offer strategic financial advice, tactical financial solutions, and implementation.

Why Hire a Fractional CFO?

There are many reasons why you may need a fractional CFO for your business, such as:

You are growing fast and need strategic financial guidance: If your business is experiencing rapid growth, a fractional CFO helps you navigate the challenges and opportunities by helping you plan and execute your growth strategy, optimize your capital structure, and manage your cash flow and profitability.

icon_Strategic

You are facing financial difficulties and need expert advice: If your business is facing monetary challenges, such as cash flow issues, a fractional CFO helps you identify and resolve the root causes of your financial problems, implement cost-cutting measures, and secure additional funding if needed.

Fundraising

You don’t have the budget or need for a full-time CFO: If your business is not large or complex enough to justify hiring a full-time CFO, having a fractional CFO can provide you with the same level of expertise and experience as a full-time CFO, but at a fraction of the cost and time commitment.

icon_BP_for_inv

You don’t have the budget or need for a full-time CFO: If your business is not large or complex enough to justify hiring a full-time CFO, having a fractional CFO can provide you with the same level of expertise and experience as a full-time CFO, but at a fraction of the cost and time commitment.

icon-pitch-deck

What Type of Businesses Can Benefit the Most by Hiring a Fractional CFO?

A fractional CFO is suitable for any business that needs high-quality financial management and advice but lacks the resources or needs a full-time CFO. However, some types of business that can benefit the most by hiring one are:

Startups and early-stage companies often face challenges such as limited cash flow, uncertain market conditions, and high competition. A fractional CFO for startups can help them develop and execute their business model, product-market fit, and go-to-market strategy, raise capital,
and manage their finances.

Small and medium-sized businesses often have limited resources and don’t have the expertise or experience to handle complex monetary issues. A fractional company CFO can help them improve their financial reporting, forecasting, and budgeting.

Family-owned businesses often have unique financial challenges and dynamics, such as succession planning, ownership structure, governance, and valuation. A fractional CFO can help them address these challenges and provide objective and professional financial advice and support.

icon_Users

High-growth and scaling businesses often face challenges such as increasing operational complexity, changing customer demands, and expanding market opportunities. A fractional CFO can help them plan and execute their growth strategy, optimize their capital structure, and manage
their cash flow and
profitability.

Our solution

Our fraction CFO service will help you to make proper management decisions, for example, quantify key drivers of business growth, reduce overheads, focus on more marginal product/services, renegotiate contract terms with vendors/customers, optimize supply chain, improve cash flow planning and working capital management, assessment of capital expenditure, etc.

Specifications:

  • Users:   Entrepreneurs, HoldingCo, CEOs

  • Type of project:  recurring, one-off assignment

  • Assigned team:   ex-CFOs, business/financial analysts, ex-Big 4 consultants

Key list of services:
  • Development of Financial Strategy
  • Setup a Financial Reporting
  • Budgeting
  • Cash flow analysis and forecasting
  • Analysis for Cost Cutting

Advantages of Hiring an Outsourcing CFO

At OGSCapital, we offer a cost-effective way to access high-level financial expertise for your business. Our outsourced CFO services provide you with the following benefits:

  • 1

    Access to high-level financial expertise

    Our team of seasoned and certified financial experts have worked with various businesses as CFOs across different sectors and growth stages. We can help you with strategic financial planning and execution, and assist you in reaching your financial targets and aspirations.

  • 2

    Flexibility and scalability

    Our services are tailored to your specific business needs and goals. You can avail our services for a short-term project or a long-term engagement, as per your requirement. You can also adjust the level of support as your business changes and grows.

  • 3
    icon-BUY

    Cost-effectiveness

    We offer you high-level financial expertise at a fraction of the cost of hiring a full-time CFO. You only pay for the services and time you use, and save on overhead and operational expenses.

  • 4
    Efficiency

    Objectivity and independence

    Our experts give you unbiased and independent financial counsel and support, without any vested interest or agenda. We also offer you a fresh outlook and new insights for your business.

  • 5

    Network and connections

    Our team can leverage their network and connections to provide additional value and resources to your business, such as introductions to potential investors, lenders, partners, and customers, or referrals to other professionals or service providers.

How to Hire a Fractional CFO?

Fractional CFO consulting service from OGSCapital can help you grow your business and optimize your finances. Our experts provide you with the strategic guidance and operational support you need, without the high cost of hiring a full-time CFO.
To help you find and hire the best fractional CFO for your needs, you can follow these steps:

01

Step 1 – Define your goals

Identify key areas requiring expertise, such as financial projections, fundraising, or implementing cost-saving measures. You should also consider your budget, timeline, and expectations for the engagement. OGSCapital can help you clarify your objectives and align them with your business vision and mission.

02

Step 2 – Explore your options

Fractional CFOs come with diverse backgrounds and expertise. Consider industry-specific experience, technological prowess, and, most importantly, a cultural fit with your team. Research online platforms and professional networks, or even seek referrals from trusted advisors. At OGSCapital, we have a pool of qualified and experienced financial experts to meet your specific needs and expectations.

03

Step 3 – Go beyond credentials

Don’t underestimate the importance of soft skills. Look for a CFO who can communicate complex financial concepts clearly, navigate challenging situations with composure, and collaborate seamlessly with your team. OGSCapital’s experts are not only skilled, but also personable, adaptable, and collaborative. They can build rapport and trust with your team and stakeholders.

04

Step 4 – Interview and evaluate

Ask questions that assess fractional CFOs’ understanding of your specific needs, their approach to financial challenges, and their preferred communication style. Also, ensure your personalities and working styles align. OGSCapital offers flexible and affordable packages that suit your budget and needs.

Any questions? Get in Touch!

    About us

    OGScapital was established in 2006 by 8 partners with extensive experience working in the world’s best-known consulting companies (Bain, BCG, Deloitte). Since then, we have provided an increasingly wide range of business consulting services. Our company has a separate team focused specifically on fractional CFO services.

    2006

    OGScapital was founded in 2006

    42

    Our team members have experience in 42+ industries

    200

    OGScapital has more than 200 real reviews from satisfied clients

    60

    Our team consists of 60 consultants

    45

    OGScapital successfully cooperates with 15 ex-CFOs, experienced financial analysts

    Frequently Asked Questions

    q

    Is a Fractional CFO Worth It?

    A fractional CFO is worth it if you need the expertise and guidance of a high-end CFO without the cost of hiring a full-time one. Fractional CFO service from OGSCapital can help you with strategic financial decisions like budgeting, forecasting, fundraising, and scenario planning.

    q

    What Is the Scope of Work for a Fractional CFO?

    A fractional CFO helps with your company’s financial planning, analysis, strategy, and fundraising. A fractional CFO can also be your CEO and management team’s trusted advisor, mentor, and partner.

    q

    What does a CFO Services Include?

    OGSCapital offers CFO services that cover financial management, including financial reporting, analysis, planning, and strategy. Our outsourced CFO pricing provides cost-effective solutions for businesses seeking fractional CFO services. Our team also helps enhance your financial performance, optimize cash flow, and boost your valuation.

    Testimonials

    OGScapital is in the TOP3 on Trustpilot, with a 9.5/10 score based on 10 reviews

    Kenny

    TrustPilot

    Great company

    Great company, reliable, professional, and really organised!

    ∙ Kenny

    Sandra

    Great experience, Alex is very knowledgeable and helpful

    Great experience

    Great experience, Alex is very knowledgeable and helpful

    ∙ Sandra

    Haroon Rasheed

    TrustPilot

    Absolutely great experience I am really …

    Absolutely great experience I am really impressed thanks Alex

    ∙ Haroon Rasheed

    Lawrence Kalevi Wood

    TrustPilot

    Good service and attentive

    Good service and attentive to requirements square deal thanks.

    ∙ Lawrence Kalevi Wood

    Yasmeen

    TruistPilot

    Business plan writer for Canadian government

    Alex was always quick to respond and always helpful. Great service. Highly recommended.

    ∙ Yasmeen

    Mounia Attiga

    TrustPilot

    Alex provided prompt reply and good…

    Alex provided prompt reply and good understanding and research, thank you

    ∙ Mounia Attiga

    Sam G

    TrustPilot

    Great experience with OGScapital

    Great experience with OGScapital. Alex was both very responsive and professional. End product is great and I would recommend OGS Capital for your business planning needs! Thank you Sam G Detroit, MI

    ∙ Sam G

    Our clients

    More than 5,000 clients from all over have trusted OGScapital.

    African Energy Distributor
    Velapp
    Lyndon Energy
    Global Impact
    PriceZone
    The Smugglers Inn
    Baggage Freight
    ContinEight Group Corp.
    EdUDMG
    Confurmo
    Bido
    Real Estate Company
    Precision Science
    Panama Wildlife Corp.
    Tiger City
    Neft
    Manatee Holdings LTD
    KonaCat
    FOX Models
    Einstein HR
    Destinations USA
    Saleem Technologies
    KFC
    Subway
    PolyClean
    888 Markets
    Vertical Studio
    Pure Loyalty
    Pronto Hotel
    Flip Flop Shops
    Waves Coffee House
    Sylvan Learning
    Blaze Pizza
    Twin Peaks
    Heavy Rus Cargo
    Go Kin
    Gat Patch
    Monumee
    Diamond Sun Labs
    Strawberry Star
    ClarisFord
    Ayurveda Service

    Any questions? Get in Touch!

      Content on page reviewed by:

      Alex Silensky – co-owner of the leading business consultant firm OGS Capital.

      Twitter: https://twitter.com/AlexSilensky

      Linkedin: https://www.linkedin.com/in/alex-silensky-45b94961/