For many businesses, fractional CFO services provide access to superior talent with a time commitment that works for all parties.
Financial statements are windows to a company, one may look to history or to the future with budgets and proformas.
One of the benefits of running a small business is the ability to say, "What if we did ...?" and have the management talent execute a proforma operational plan and proforma financial statements to "view" the business landscape differently.
Existing accounting staff may be understaffed and less experienced.
Fractional CFO services may:
Analyze and direct financial statements.
Advisory Board membership.
Execute bank financing transations.
Perform due diligence for venture or equity investments.