Fractional CFO Services

Preferred CFO offers expert fractional CFO services to elevate your financial strategy, help your company overcome challenges, accelerate growth, raise capital, increase shareholder value, and help your business succeed.

  • Improve Financial Stability & Growth
  • Resolve Cash Flow Challenges
  • Raise Capital (Debt or Equity)
  • Improve Reporting & Record Keeping
  • Optimize Systems for Scalable Growth
  • Provide Long- & Short-Term Forecasting
  • Organize Historical Financials
  • Create Long-Term Financial Strategy

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Fractional CFO Services Offered by Preferred CFO

Preferred CFO’s expert fractional CFO services include solutions to help you overcome challenges, accelerate growth,
prepare for transactions, increase shareholder value, and achieve goals.

Below are some of our most common fractional CFO services. These are just a brief overview of some of the
services we offer. For more information about our high-level fractional CFO consulting services, contact us.

Optimize your Financial Strategy

The best strategic business decisions are based on information. Let our fractional CFOs take your financial strategy to the next level by improving your business intelligence and reporting, improving weak spots and challenges, and using current performance and industry trends to optimize your financial strategy. The result is a long-term, successful strategy and the systems to maintain it.

Resolve Cash Flow Challenges

Cash flow-related challenges are one of the biggest reasons companies fail. Our fractional CFOs can help If you have high accounts receivable, have money tied up in excessive inventory, often use current project budgets to fund future projects, we can help. Our experienced fractional CFOs will analyze your current cash flow, find areas for improvement, and help implement those changes.

Prepare for & Manage Growth

Growth is good, but unsustainable growth can be a recipe for disaster. Our fractional CFOs will help put the right systems in place to ensure your growth is healthy and sustainable. This includes strategies for cash flow management, supply chain management analysis, payment terms optimization, financial systems improvement, forecasting, budgeting, and more.

Raise Capital

Our fractional CFOs have helped raise hundreds of millions of dollars in capital. Let us help prepare documents, oversee due diligence, tap into our robust lending and investing network, negotiate contracts, and more. Not sure what you need or when? Our fractional CFOs will forecast your capital needs (timing and amounts), strategize the best debt-equity mix, and oversee the raise.

Prepare for a Transaction

Are you preparing for a merger, acquisition, or exit? Our fractional CFOs will make sure things go smoothly while ensuring you get the best deal possible for your situation. If you’re not sure where your taking your business and want advice on your options, our fractional CFOs can analyze opportunities, weigh risks and rewards, and help design a plan to get you where you want to go.

Forecasting & Budgeting

Our most popular fractional CFO service, financial forecasting and budgeting makes your goals actionable and attainable. Our fractional CFOs will create short- or long-term forecasts and budgets to help create a precise blueprint to help you get from where you are to where you want to go. We have designed hundreds of forecasts for dozens of industries.

Why Hire a Fractional CFO?

A fractional CFO offers high-level financial strategy without the cost of a comparably experienced in-house CFO.

Fractional CFOs are MUCH more than just record keepers. They have the expertise and industry experience to move the needle in your business. We tell our clients to consider your expert, Fractional CFO to be an investment, not an expense. You should see a significant ROI in the form of improved profit margins, increased revenue, decreased overhead, faster (more sustainable) growth, better cash flow, and more.

How can a Fractional CFO take your business to the next level? Contact Preferred CFO today so we can discuss your situation.

About Preferred CFO

Preferred CFO has offered expert fractional CFO services for nearly two decades. With a team of handpicked CFOs from diverse backgrounds, Preferred CFO has helped clients nationwide grow their companies, achieve successful exits, raise hundreds of millions of dollars of financing, optimize operations and cash flow, increase shareholder value, and accelerate growth.

Preferred CFO is a full-service financial firm. Our team includes fractional CFOs who guide financial strategy and analysis, experienced outsourced controllers who work with your fractional CFO and your company for financial reporting and analysis, virtual bookkeepers who can help with record keeping and accounting tasks to augment or replace an in-house team.

Preferred CFO has serviced clients across the U.S. including Denver, Dallas, Fort Worth, San Diego, Boulder, Chicago, Cleveland, San Jose, Los Angeles, New York, and more. While many of our services can be completed remotely, our handpicked CFO team is located at several strategic locations across the United States, and we are always willing to schedule regular or situational meetings in-person. This is a great option if you need a fractional CFO to show up for board meetings, negotiations, to train employees, supervise transitions, to work through challenges, or to oversee programs or growth.

For more information about Preferred CFO’s fractional CFO or controller services, or to discuss your company’s particular needs, contact us today.

Answers to Your Questions

What is a Fractional CFO?

A fractional CFO is a financial expert who provides strategic advisory, forecasting & budgeting, systems optimization, capital-raising assistance, or other CFO services on a part-time or project basis. “Fractional” means the CFO works for a single client on a predetermined limited basis, usually working with a small handful of clients at a time. This means the cost is often significantly lower than that of a comparably-experienced in-house, full-time CFO.

A fractional CFO provides high-level financial strategy, systems analysis and design, and operational optimizations. They can also help a company resolve challenges such as cash flow issues, raising capital, solving tight margins, implementing more efficient systems, or preparing for growth.

What are your fractional CFO rates or costs?

The rate or cost of a fractional CFO depends on what types of services you need, how many hours per month are needed, whether your services will include support staff such as controllers and bookkeepers, and the term (length in months) of the arrangements. Most of our agreements are 12-24 months to maximize impact, though we do offer shorter term project solutions. Let us put together a proposal for your specific needs by filling out our contact form.

What if we already have a CFO?

No problem! Our CFOs are great at working with in-house teams to train, implement systems, and elevate strategies.

What industries do you specialize in?

We pride ourselves in the diversity of our fractional CFOs’ industry backgrounds. With some of the most experienced CFOs in the industry, we specialize in everything from manufacturing, SaaS, communications, construction, medical devices, travel, security, retail, and solar, to education, medical & health services, mortgage, food and beverage, gas and oil, venture capital, and more. Not sure if we fit your niche? Let us know what you’re looking for and we will share our information sheets of the best fractional CFOs we have to fit your needs.

What if we don’t have any bookkeepers or controllers on staff?

Preferred CFO has full financial teams at the ready to help implement your financial strategies. Whether you’re only in need of a fractional CFO or also need supporting help from an outsourced controller or bookkeeper, we have experts on staff to help.

Why hire a fractional CFO instead of hiring in-house?

The main reasons a company chooses to hire a fractional CFO over an in-house CFO are because they can’t afford a full-time CFO hire, they want to maximize experience and value for the cost, they have only a temporary situation (like an audit or capital raise) that they need CFO assistance with, or because they’re ready to take their financial strategy to the next level. Fractional CFOs maximize experience and impact while minimizing in-house cost and commitment.

Recent Projects

Read details from some of our recent outsourced CFO partnerships.

Energy Management Corporation

Reduced year-end inventory write-offs by approximately 80% and created an 80% reduction in back-ordered sales orders.

DPS Skis

Helped grow revenue 49% over 2 years, improved relationships with independent commissioned sales representatives.

Diversified Management Services

Helped raise $1.5 M line of credit to finance growth and expansion.

Let’s Talk

Fill out our contact form and a CFO will be in touch to answer your questions or give you more information about our fractional CFO services.

“Preferred CFO helped us successfully raise our first round of funding, and is currently supporting our second round. We’ve felt confident knowing that our CFO can jump on a call to field questions on our behalf. Our financial projections carry more weight with the Preferred CFO reputation. They were able to help us with a high-level solution that we would not have been able to replicate or afford any other way given the position our business was in.”
Patricia Goede

CEO, VisualShare

Recent Articles & Insights

Read recent financial and strategy articles written by our expert CFOs.

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