As your business starts scaling up, so does the time and experience required to successfully manage its financials. That’s where our Fractional CFO comes in and supports your business with CFO services.
Our fractional CFOs have long-lasting experience in the scale-up world, especially in the tech, financial, e-commerce and life science sectors. The service is flexible and, as the name suggests is a fraction of the cost of hiring a full-time CFO.
Each member of our team has decades worth of strategic and commercial financial experience supporting Founders and management teams during high growth, scale-ups and exit planning, including liaising with investors, acquirer and all other stakeholders during the key steps of each of these processes.
Having experienced first-hand the highs and lows of growing a successful business, our Fractional CFOs provide strategic and practical advice as well as hands-on solutions to the financial intricacies of your business, depending on where you are with your investment, growth or exit.
The Benefits Of A Fractional CFO
Investing in a fractional CFO service has numerous advantages:
- The key benefit is—without a doubt—commercial and strategic financial support to the Founders and the leadership team with decision making.
- Secondly, knowing that your financial decisions are in good hands, you can free up your time to focus on growth.
- Thirdly, investor confidence. Your investors will be greatly reassured knowing that they have an experienced CFO within the company.
How We Work
Our Fractional CFO service is flexible and can be tailored to your needs.
- Initial “no cost, no obligation” confidential call to identify your priorities with Adam, our Co-Founder & team lead.
- Proposal – we take a team approach, whereby you will have one main point of contact, with the support and access to the expertise of the wider Finerva CFO team behind them.
- We start! There is flexibility to scale up/down to suit your needs.
Speak to Adam
020 3422 9800-
Adam Brodie Co-FounderAdam leads the fractional CFO team which has significant experience of capital raising, scaling, M&A and successful exits. Previously, he was a CFO and led the successful Exit to NYSE-listed Solera Holdings.
Submit your details below and we will get back to you to set up a meeting and discuss how we can support your business.
By submitting this form I give permission for Finerva to contact me. Privacy Policy.
FAQs
01.What companies can we support?
We primarily work with Limited Companies that are registered/have permanent establishments in the UK. Our clients are fast-growth businesses, mostly in the tech, financial, consumer goods and life science sectors and often backed by Angels and VCs investment.
However, we have extensive expertise and partners across other sectors too and we’re always excited to meet new ambitious founders.
02. What is the difference between CFO & Fractional CFO?
The main difference between a CFO and a Fractional CFO is that a CFO is a full-time executive responsible for overseeing all financial activities within a company, while a Fractional CFO is a part-time advisor who provides strategic financial guidance and support based on your needs. Fractional CFOs are less expensive than full-time CFOs and can be a cost-effective solution for start-ups and scale-ups that need financial expertise but don’t have the resources, or perhaps the need (yet) to hire a full-time CFO.
03. How can a Fractional CFO support my business?
Finerva’s Fractional CFO can support your business with strategic and commercial financial matters. For example, financial modelling, cash flow & risk management, forecasting, debt / equity funding, valuation, and exit planning, among other areas. However, the biggest benefit of a Fractional CFO is their flexibility to increase involvement as your business grow and scales.
04. How does a CFO ensure financial transparency and compliance?
The CFO plays a crucial role in ensuring financial transparency and compliance within a company. It leads on accurate Financial Reporting, compliance with regulations, risk management, audit oversight, documentation and record keeping, and other internal controls essential to businesses.
05. What are the advantages of a Fractional CFO?
There are multiple benefits to hiring a Fractional CFO if you are navigating the start-up & scale-up landscape, including:
- Cost-effective: Fractional CFOs provide extensive expertise that can help your business stay on top of your financials, grow and reach strategic goals for a fraction of the cost and need to use internal resources that often can be limited.
- Expertise & Flexibility: Fractional CFOs can come in for specific projects without the need to commit to a full-time employee. However, all Fractional CFOs have extensive knowledge of the scale-up’s financial intricacies, such as fundraising or exit which will allow you to benefit from an experienced professional with the most relevant advice.
06. What are the benefits of working with Finerva?
- Expertise – our team of experienced Fractional CFOs is on hand to answer any specific and urgent queries you may have. We are proactive in offering our advice as operating in the scale-ups world tough us how time-sensitive our support is.
- Time saving – you don’t have to worry about the finance function of your business so you can focus on what you do best, growing your business.
- Reduce staff costs – you will not need to spend money hiring a full time hire. Our service offer flexibility to scale resources up or down as your business requires.
