Knowledge Networks
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Building a Sustainable Fractional or Interim CFO Practice
Summary
The idea of working as a fractional or interim CFO is undeniably appealing. It offers flexibility, autonomy and the potential for strong financial rewards. At first, achieving full utilization may seem straightforward. However, the real challenge emerges when clients outgrow your services, or your long-term interim engagement comes to its natural conclusion. Many fractional and interim CFOs find that sustaining a steady pipeline of business is far more complex than they anticipated. In some cases, it is even more demanding than the corporate roles they left behind.
Our next session, Building a Sustainable Fractional or Interim CFO Practice, will be a peer-driven roundtable discussion where we address these business development challenges. In addition, we will explore other considerations to building a sustainable practice, including:
• Business Models: Solo practice vs. building a team vs. joining a larger network – each with its own trade-offs.
• Supporting Resources: Finding the right bookkeeping, FP&A, and controllership support at the right time and price, without support from a corporate infrastructure.
• Pricing Strategies: Hourly rates, retainers and/or performance-based models – how to price competitively while reflecting your value.
Fractional and interim CFOs will engage in a dynamic, peer-driven discussion, sharing best practices for overcoming these key challenges. Beyond gaining valuable insights, attendees will have the opportunity to build meaningful connections – creating potential referral networks and alternative sources of engagement flow. Please RSVP to Bill Bardani (bill.bardani@visionsearchpartners.com) as soon as possible as seating is limited.
