Green Universe

When is the right time to hire a fractional CFO? Determining the right time to hire a Fractional CFO depends on multiple factors, including the stage of the company, the skill set of the finance and management team, and business objectives. SME companies - small and medium-sized companies with ongoing business that want to reach the next stage of company development often require a CFO expertise to review its foundations and implement required improvements to fuel future growth. Early stage startups - fractional CFOs are a great fit for Seed and Series A-C startups both for setting up the finance processes and building solid foundations, as well as during fundraising processes. Hiring a Fractional CFO at least a minimum of one or two quarters before a new fundraise secures timely preparation of healthy finance processes and reports for the fundraising process. Having a Fractional CFO to work on the projections, prepare solid unit economics and KPIs, and answer financial reporting questions will drive a significant amount of leverage for the CEO. Growth stage startups - startups from Series D will usually look to employ a full-time CFO. However, a Fractional CFO can support the CEO and COO in identifying the right candidate full-time CFO, as well as to fill-in the interim role until the full-time CFO is hired. Large enterprises - companies that have a CFO hired often lack manpower, capacity or skillset to implement specific new projects and improvements. A Fractional CFO can bring the specific skillset and capacity to support and accelerate the implementation of such projects. If you're considering hiring a fractional CFO, feel free to reach out. We are happy to help! #finance #cfo #success #leadership

Do you wonder why to hire a fractional CFO? Hiring a fractional CFO can bring several benefits to your business: 👉 Enhanced Decision Making: By basing key business decisions on relevant and accurate financial information, the business owner can avoid costly mistakes and reduce the risk of loss. 👉 Better Financial Information: This includes producing accurate and timely financial statements, management reports and projections, forecasts, budgets, and cost models that are all based in economic reality. 👉 Improved Internal Controls: A fractional CFO can help improve the internal controls of a company, ensuring the preservation of the company’s assets and the accuracy of financial results. 👉 Tailored Flexibility: A fractional CFO can provide services tailored to the specific needs of your business, offering flexibility that a full-time CFO may not be able to provide. 👉 Cost-Effective Expertise: Hiring a fractional CFO as an independent contractor reduces business costs. It provides access to higher-level strategic planning, cash flow, advisory, negotiation, and financial analysis skills beyond preparing financial statements. 👉 Specialist Skillset: A fractional CFO brings a specialist skillset to the table, which can be particularly beneficial for small to medium-sized businesses or startups, but also to large enterprises who lack manpower and capacity for specific projects. 👉 Increased Productivity: With a fractional CFO handling the financial side of the business, the business owner and management can focus more on the core business, leading to increased productivity. 👉 Strategic Role: A CFO’s role is strategic, which means they can streamline processes, drive goal setting, and create the financial infrastructure that supports a company’s ability to grow and scale. 👉 Driving Growth: A Fractional CFO can play a key role in driving your business’s financial performance and growth. They can identify expansion opportunities, create financial models for new initiatives, and provide strategic advice to guide your growth plans. If any of these points resonate with you, reach out to us and let's chat. We're happy to support your business goals. #finance #cfo #decisionmaking #success

For us, a female entrepreneur-led company, International Women's Day is a great moment for reflection, gratitude and renewed commitment to our mission! 💟 To all women out there, entrepreneurs, professionals, mothers, we wish you a joyous Women’s Day! Let’s continue to shape the world with our strength and vision! #InternationalWomensDay #WomenInLeadership

Finding the right CFO or Head of Controlling can be challenging and costly. We work with you on a part-time or interim basis to build the finance function, establish or optimize processes, educate the team and prepare you for the next stage of your business. Check out more about our services in a brochure below and reach out to use to make your finances happen, at a fraction of a cost. #finance #cfo #controlling #fractionalcfo #interimcfo