The Challenge

Growing companies need CFO-level strategic financial leadership but can’t justify full-time CFO. Controllers handle accounting but lack strategic expertise. Companies struggle with financial planning, fundraising, and strategic decisions without experienced CFO guidance.

Common Challenges:

• No strategic financial leadership
• Difficulty raising capital or managing investors
• Lack of financial planning and forecasting
• Cash flow management challenges
• Unable to make data-driven financial decisions
• Need CFO expertise but can’t afford full-time

Our Approach

Our CFO advisory provides strategic financial leadership on fractional basis, delivering CFO-level capabilities at fraction of cost.

Step 1: Financial Assessment

Assess financial health, processes, systems, and team. Identify risks, opportunities, and capability gaps.

Step 2: Financial Strategy

Develop financial strategy aligned with business goals including capital structure and funding strategy.

Step 3: FP&A Infrastructure

Implement or improve financial planning, budgeting, forecasting, and reporting.

Step 4: Strategic Decision Support

Provide ongoing CFO-level guidance on M&A, pricing, investments, and resource allocation.

Benefits

• CFO-level expertise at 30-50% of full-time cost
• Strategic financial planning
• Improved cash management
• Successful fundraising and investor management
• Board-ready financial reporting
• Bridge to full-time CFO when ready

Why Elkfort?

Our CFO advisors are experienced finance executives who’ve been CFOs of $10M to $500M+ revenue companies.

FAQ

How is fractional CFO different from consultant?

Fractional CFO provides ongoing strategic leadership as part of your team, attending meetings and accountable for outcomes. Not just project advice.

How much time commitment is typical?

Typical range: 1-3 days per week or 20-60 hours per month. Can flex during busy periods like fundraising or audit.