Fractional CFO For Startups

Cash Flow Management Services

Financial Modeling & Analysis

debt and equity fundraising support

Professional Fractional CFOs For Your Rapidly Growing Business

Manage Finances

Fractional CFO for startups oversee finances and create a winning strategy.

Debt & VC Fundraising Strategy

Learn more by contacting Startup Tandem today!

Reforecasting Of Your Budget

We will help you with budget forecasting (and reforecasting).

Financial Metrics And Dashboard

Consistent analysis of key financial metrics.

Scale Up

Our outsourced, fractional CFOs will help your startup scale up!

Partner Up With Startup Tandem’s Fractional CFOs

Startup Tandem’s Fractional CFO for startups are experts in identifying potential roadblocks and creating systems to streamline your growth. If you need a CFO consulting firm that works with startups in every stage of development- Startup Tandem should be your first choice. Learn more about fractional CFO services below!

fractional CFO for startups

More About Hiring an Outsourced CFO

Startup Tandem scales as your business scales. No matter what your situation – we meet you where you’re at!

Strategy Development

Analysis and Consulting

Tandem Partnership

Financial Dashboard With KPIs metrics

Experienced Finance Leaders

Eliminate Cash Burn

Your Business Needs A CFO!

There are many reasons why your startup needs a fractional CFO.  Any business that has a Chief Financial Officer should hire one that has the experience and knowledge to manage financial systems and effectively pinpoint financial roadblocks. In addition to this, your business’s Chief Financial Officer should enable your company to devise an effective financial strategy for your business. This strategy will help you manage spending and cashflow as well as streamline processes and systems.

Choose Startup Tandem and get the best Fractional CFOs for your growing startup. Our outsourced CFOs will help and enable your business to grow and thrive.

CPG

Our clients are in Whole Foods, Target, Costco, and Walmart. We offer trade spend solutions & much more.

Saas

Our clients create platform solutions for payment transactions, event planning, and many more. 

Crypto

We work with startups in blockchain technology, NFTs and exchange transactions.

Cannabis

Our clients have booming businesses in the quickly growing cannabis industry.

Startup CFO FAQs

What is a Fractional CFO?

A fractional CFO is a part time Chief Financial Officer that manages and oversees the financials of a startup or small business. Hiring a fractional CFO is a great way for your startup business to be able to enlist the help of professional accounting, bookkeeping, fundraising and financial management services without the hefty fees of taking one on full time.

In addition to this, a fractional CFO is an experienced financial executive who provides strategic and operational advice to small and medium-sized businesses on a part-time or project basis. The fractional CFO model is an alternative to hiring a full-time CFO.  This can be especially beneficial for businesses that are experiencing high growth or are in the early stages of development.

Fractional CFOs bring a wealth of experience and knowledge to the table, and can provide guidance on a wide range of financial topics, from raising capital to developing financial forecasting models. In addition, fractional CFOs can provide valuable insights on how to improve operational efficiency and effectively manage cash flow.

For businesses looking to take their financial game to the next level, a fractional CFO is a great option and Startup Tandem is your best choice.  Contact us for more information on how our fractional CFOs can help.

What does a startup CFO do exactly?

There are many things that a startup CFO will do for your business when you hire Startup Tandem. For one, a startup CFO will be there to work with your business through every stage of its development.

If you hire a fractional CFO, you can expect you are hiring a financial executive who works part-time, usually for several different companies at once. While the role of a CFO is typically to oversee all financial aspects of a business, a fractional CFO focuses on specific areas, such as budgeting, strategic planning, and investment analysis. This allows businesses to benefit from the expertise of a seasoned financial executive without having to pay for full-time salary and benefits.

Additionally, fractional CFOs can provide valuable perspective to startups that are facing financial challenges. By working with a fractional CFO, businesses can get the guidance they need to make sound financial decisions and navigate difficult economic conditions.

Below is more information regarding the daily tasks of a fractional CFO and what you can expect if you hire one for your startup.

The main responsibilities of a startup’s CFO are to:

  • manage and monitor a business’s financial reports
  • keep finances in alignment with the startup’s budget and strategy
  • monitor cash burn
  • handle fundraising and other important matters for the CEO
    Why should I hire a fractional CFO?

    A fractional CFO can provide a level of financial expertise and experience that is often lacking in early-stage startups. In addition to overseeing financial planning and analysis, a fractional CFO can also offer advice on key strategic decisions, such as whether to seek outside funding or how to manage cash flow.

    Fractional CFOs can also help to attract and retain talent, by managing compensation and benefits programs in a way that is both competitive and affordable.  In short, a fractional CFO can be a valuable asset for any startup.

    While not all startups need a full-time CFO, those that do can benefit greatly from the expertise and experience of hiring one. Here are a few reasons you may want to hire a fractional CFO for your startup:

    • You don’t have the time to spend doing bookkeeping and you see the benefit of hiring a professional service
    • Handling financial reporting, forecasing and other financial tasks is to much for you to do
    • You do not know how to handle your comany’s financial reporting and other crucial tasks
    • You are making. major change in your business and you want insight on projected outcome of doing so
    • There are changes from fundraising and bringing on new equity partners
    • You will be adding on or purchasing another business
    • You are a serious professional and want to take your company to the next level
    Is a part-time CFO and a fractional CFO the same?

    Yes. In financial terms, a fractional CFO is essentially a part-time CFO and vice versa.

    When is a good time to hire a CFO?
    A fractional CFO is a senior financial executive who works part-time or on a project basis for a company. This can be an attractive option for startups, who may not yet be ready to commit to a full-time CFO but still need access to expert financial advice.

     

    There are a few key indicators that can help startups determine when it’s time to hire a fractional CFO. First, if the company is experiencing rapid growth, it may be time to bring in someone with expertise in financial planning and management.

    Second, if the startup is struggling to maintain control of its finances, a fractional CFO can help to get things back on track. Finally, if the company is seeking investment or preparing for an IPO, a fractional CFO can help through the process.

    However, if you are questioning whether or not you should hire a CFO, chances are it may be the right time. You can read more on the topic in this blog post when is a good time to hire a CFO. However, it’s important to state that it’s always the right time to invest in your business with financial services.  Doing so is crucial and can completely change the course of your path to success.

    Reach out to Startup Tandem for a consultation and to learn more about when you should take on a part-time CFO.

    How do I choose a Fractional CFO?

    If you are wondering how to choose a fractional CFO, there are many things you can do set yourself up properly and get the best CFO consulting at a reasoable rate. You will want to consult with other CEOs and businesses to learn if they are happy with their CFO. You can also read reviews to determine if a CFO is the right fit for your startup.

    Startup Tandem provides excellent services. Please reach out to them to determine if they are a fit for your company.

    What can I expect if I hire Startup Tandem?

    A fractional CFO is an experienced financial executive who can provide strategic and operational leadership on an as-needed basis. fractional CFOs are often hired by small and medium-sized businesses that do not have the need or resources for a full-time CFO.

    Working with Startup Tandem and hiring a Fractional CFO can help your business with a variety of its financial needs.  This includes developing and implementing financial strategies, overseeing financial operations, managing risk, and more.

    In addition to this, your Fractional CFO can also be a valuable resource if you are undergoing a transition within your company. This includes a change in ownership or your business undertaking growth initiatives. If you are considering hiring a fractional CFO, it is important to identify your specific needs and objectives beforehand. This will help Startup Tandem to understand your goals and develop a strategy that works for your business.

    If you choose to hire a fractional CFO, you should seriously consider hiring Startup Tandem for your startup’s financial needs.  When you hire Startup Tandem, you can expect the best service. Partner with us and our Fractional CFOs for winning results.

    What is the process to get started?

    If you are interested in working with Startup Tandem and enlisting the help of a fractional CFO, please reach out to us at your convenience. We will walk you through the onboarding process so you know exactly what to expect.

    How much does a fractional CFO cost?

    Depending on the level of management needed, the pricing to hire a fractional CFO can vary. However, our part-time, outsourced CFOs start at $2500/mo when you choose to work with Startup Tandem.

    When you work with us, an in-depth analysis, advisory and financial dashboard wihth KPIs will be customized according to your budget and current business growth level.  You can learn more about our services by visiting this page here. In addition, please reach out to us for more information on hiring a fractional CFO for your startup.

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    Learn More About Hiring An Outsourced CFO For Your Startup!

    “Startup Tandem's outsourced CFOs have completely changed my business! We no longer have the issues we had and have grown so much!"

    Kerri W., CEO

    For the best fractional CFO for startups choose Startup Tandem!

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