How does the cost of hiring a Fractional CFO compare to a full-time CFO?

The cost of a Fractional CFO is usually more affordable than hiring a full-time CFO. Fractional CFOs typically work on a contractual or part-time basis, deferring the need for a hefty salary and benefits package. This cost-effective approach makes financial expertise accessible to startups without straining their budgets, ensuring that financial resources can be strategically allocated to other critical areas of the business.