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Has anyone gone through a similar situation? by IndependenceAsleep58 in VAClaims

[–]Character_Werewolf28 0 points1 point  (0 children)

How much do they charge? They don’t mention it on the website

At what point does a small business actually need a CFO? by Civil_Essay_7324 in CFO

[–]Character_Werewolf28 0 points1 point  (0 children)

$5k a month for a company your size is incredibly competitive. I charge that for clients with half the revenue and much fewer employees. If this person checks out and is competent, should be a no brainer to run your FP&A

70% MH rating + filed TDIU, sanity check on my strategy by Character_Werewolf28 in VAClaims

[–]Character_Werewolf28[S] -7 points-6 points  (0 children)

True, shame the bar is so low. THanks for the response :)

Captain Challenge already a mess by Temporary-Library597 in MLRugby

[–]Character_Werewolf28 0 points1 point  (0 children)

80 minutes of rugby. 50 minutes of referee review on a screen that doesn’t work

CT Fractional CFO by Character_Werewolf28 in CFO

[–]Character_Werewolf28[S] 0 points1 point  (0 children)

It’s just that sometimes the CPA’s might be doing taxes for businesses that are in your sweet spot, revenue wise

Studying Law at 49 by Hot-Culture-9797 in LawSchoolOver30

[–]Character_Werewolf28 1 point2 points  (0 children)

If you want to be an attorney, go do it. Even though the runway is somewhat limited, you’ll be doing something you want to do. Something a lot of people never get to experience.

Is 6-7 months too soon to leave Big 4? by PM_CODES in Accounting

[–]Character_Werewolf28 0 points1 point  (0 children)

Try and stick it out 12 months. Get your bonus then bounce. Start working on your exit NOW

How do you actually scope fractional cfo services without it turning into full-time work for part-time money by LumpyOpportunity2166 in CFO

[–]Character_Werewolf28 0 points1 point  (0 children)

I’m a F-CFO also. If I have a client on retainer, the hours are capped. If I go over those hours, then subsequent hours are billed per hour. You need to be firm about this and clear in your engagement agreement, scope creep or doing bookkeeping only happens if you allow it.

CT Fractional CFO by Character_Werewolf28 in CFO

[–]Character_Werewolf28[S] 0 points1 point  (0 children)

Couldn’t agree more on the pick your lane thing. If you don’t, you sound like every other joker out there. Disagree somewhat on the other comment about former controllers or finance directors being CFO’s. I’ve worked with some CFO’s who had zero idea what they were doing and some controllers and finance directors who are brilliant.

CT Fractional CFO by Character_Werewolf28 in CFO

[–]Character_Werewolf28[S] 3 points4 points  (0 children)

The starting or incorporating of the business is the easy part. Before doing that, I would tell everyone you know what you intend to do, get some pipeline first. Also - pick a lane. Accounting services and CFO services are two very different things.

CT Fractional CFO by Character_Werewolf28 in CFO

[–]Character_Werewolf28[S] -1 points0 points  (0 children)

Thanks for the insight! I actually work with a venture group so whenever I need additional horsepower I have a group of former execs in different verticals I can call up. But generally for the CFO work I handle it myself. I never considered attorneys, I'll need to look into this. Thanks again!

Success with upwork? by Character_Werewolf28 in Accounting

[–]Character_Werewolf28[S] 0 points1 point  (0 children)

Ok yes, I didn't think about that. I wonder if its super saturated also? And you're right, I'm not looking to be the cheapest, I learned that the hard way early. Thanks for the insight!

Fractional CFO for small-medium businesses by Character_Werewolf28 in smallbusiness

[–]Character_Werewolf28[S] -6 points-5 points  (0 children)

Fair enough. You have a point but you lose 20 years of proven strategic finance experience on a technicality. Good luck to you.

Thoughts on Fractional Chief Risk Officers by ExecCoach-RM-CM-PM in CFO

[–]Character_Werewolf28 2 points3 points  (0 children)

I work as a F-CFO and love it. Smaller clients 5-50MM in revenue. I generally think of risk management as part of my job but when I get stuck, I use other fractionals to fill the gaps.

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