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

Engagements vary based on stage and scope, but founders spend far less than the $400k+ a full-time CFO would cost. 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.