Challenges for Fractional CFOs
WHEN: Tuesday December 10th from 8:00AM – 10:15AM
WHERE: Robinson & Cole, 1055 Washington Blvd, Stamford, CT
- 8:00 – 8:30 Continental breakfast and introductions
- 8:30 – 10:00 Roundtable discussion: Challenges for Fractional CFOs
The notion of working as a fractional CFO is appealing. The benefits are obvious and the thought of achieving full utilization doesn’t seem all that difficult. That is, of course, until you try to replace clients who have outgrown your capacity, gone out of business or hired a more cost-effective resource. The reality is that for many, the challenges of maintaining a livelihood as a fractional CFO turn out to be far greater than those that existed in the corporate world that these people happily left behind.
In our marketplace, there are a number of fractional CFOs who are achieving varying degrees of success while navigating the many challenges that exist in the industry. At our next session, Challenges for Fractional CFOs, we will assemble a group of financial executives who are currently serving in this capacity to discuss the common challenges they face. Issues to be addressed include:
- Improving operational efficiency
- Growing revenue from existing clients
- Ideas for business development
- Balancing execution with business development
- Pricing strategies
- Leveraging flexible resources
- Useful tech tools
- Start-up/mid-market ecosystem in CT
Fractional CFOs in attendance will benefit from a collective brainstorm on best practices for tackling these pressing challenges. Further, through the process of meeting and forging relationships with their peers, they will be unlocking potential alternative sources of deal flow.