A fractional CFO provides strategic financial leadership part-time. Unlike your bookkeeper who records transactions or your accountant who files taxes, a fractional CFO builds cash flow forecasts, analyses margins by service line, sets up financial dashboards, and advises on pricing, hiring, and investment decisions. At $1.2M revenue, expect them to work 2-4 days per month at $2,000-$4,000 monthly. The ROI typically shows within 90 days through better cash management and pricing.
Answered 24 Apr 2026
Speaking from experience — when I engaged a fractional CFO for my electrical contracting business at similar revenue, the first thing they did was a financial health check. They found we were under-pricing emergency callouts by 30% and our payment terms were too generous. Those two changes alone added $120K to annual revenue and improved cash flow by $40K. Best $3,000/month I spend.
Answered 24 Apr 2026