Targeted consulting from a fractional CFO helps you build a plan for your next steps. An
experienced financial leader is an essential voice in any big decision, whether you're
defining a 3- or 10-year vision.
Build Your North Star with Growth Strategy Consulting
An outsourced CFO is more than a short-term solution. Paro CFOs bring years of experience and a data-based point of view to help guide strategic growth and gain long-term value. As business strategy consultants, they provide you with the industry knowledge and expertise to go from grind to grow.
Paro's strategic freelance
CFO services include:
Setting your priorities based on an assessment of strengths and weaknesses.
Creating clear short- and long-term goals, milestones and financial projections.
Helping you preserve business value and define new opportunities and cost reductions.
Assessing the larger market to capitalize on new opportunities, channels and verticals.
“Our
organization went from being in financial infancy to early adulthood, and Paro's freelance CFO was
paramount in that transformation.”
– Alejandro P., CEO
Recruit less. Plan more.
Hit the ground running with on-demand strategic expertise.
Customized Freelance CFO Solutions to Drive Growth
Whether growth has hit a snag or you're ready to start scaling, plan and solve for specific challenges throughout the business cycle with business strategy consulting.
Identify key performance indicators tied to business objectives and
establish the right tracking mechanisms to diagnose issues and bring
better focus to metrics.
Customized Freelance CFO Solutions to Drive Growth
Whether growth has hit a snag or you're ready
to start scaling, plan and solve for specific challenges throughout the business cycle with business strategy consulting.
Identify key performance indicators tied to business objectives and
establish the right tracking mechanisms to diagnose issues and bring
better focus to metrics.
From small businesses and startups to mature companies, our experts meet you where you're at with the
exact skills and experience you need. Here's why we're the preferred choice for
businesses across the country.
At Paro, we've perfected our pool of experts so you can spend more time looking ahead and less
time on recruiting.
How Paro CFOs Drive Strategic Growth
Hyper-relevant skills across 55+ industries that suit your business type, category and market.
Actionable experience working with businesses like yours, with success in achieving meaningful growth.
Adaptability—glistening skill sets and playbooks from just 5 years ago can be out of date in today's changing world.
Fully vetted professionals
Every expert completes a robust vetting process and skills assessment, ensuring experts walk the walk.
On average, Paro CFO experts boast 20 years of experience, with nearly 1 in 4 hailing from the Big Four and 1 in 5 from top banks.
Paro experts regularly update their experience, skills and background info to provide up-to-date value.
“Paro's CFO services went above and beyond, exceeding what we expected and positioning us
incredibly well for the next steps that now need to be taken. In addition to working through the
financial plan, the freelancer also acted as an advisor to me on complex decisions.”
– Jonah T., CEO and Founder
What to Expect from a CFO
The First 30 Days: What to Expect
Every business situation is different, but these broad strokes can give you a sense of how to get
started with Paro's CFO consulting services.
We've matched businesses with elite experts in as little as 24
hours. From there, things move quickly: 95% of clients choose 1 of
the first 2 experts presented.
1-2 Days
Preparation
Think about how to
integrate your fractional CFO. Align on scope of work and
working styles with both the expert and your team. Set clear expectations on the
impact you want.
2 – 10 DAYS
Kickoff & Onboarding
Provide access to everyday financial platforms and tools they'll need. Include
point people for departments, third-party vendors, etc. Consider a happy hour or
team lunch to introduce your CFO to the team.
5 – 10 DAYS
Auditing
The first likely task of a fractional CFO will be to see what's under the hood by
diving into the numbers to determine your company's financial position.
5 – 10 DAYS
Assessment & Prioritization
Once they’ve gained an idea of which operational activities are driving value and
which are not, your CFO will be ready to discuss your strategic vision, goals
and roadmap.
“With a couple of brief calls and access to materials, the freelance CFO understood our needs
and produced quality work, along with explanations and tips for the model that we will use down
the road.”
– Misty H., Client Engagement Director
Get Qualified CFO Consultants on Demand
Not sure where to start? Learn how we can rapidly scale your team's capabilities and adapt for
tomorrow.
The cost of hiring a freelance CFO depends on whether they charge an hourly rate or a flat
project fee.
Saving on costs requires you to decide if you are paying for the overall value you’ll get for
the results or if you simply require hour-by-hour support. In the latter case, you should have a
clear idea of the number of hours a project or engagement will require.
Another aspect to consider when hiring is equity. You don’t need to dilute your equity in the
business. A fractional CFO delivers the results they promise without taking equity ownership in
your business.
Hiring a full-time CFO is a costly endeavor that can take upwards of four months. But not every
business needs one; in fact, freelance CFO services are often a much better fit in terms of
achieving your goals while staying on budget. Learn more about what a
part-time CFO can do for you.
Not all fractional CFOs work remotely. You may save on costs when you allow them to do so. With
modern remote working capabilities, you’ll likely find the process of working with a remote CFO
to be seamless and effective. Learn more about the myths
surrounding fractional CFOs.
FAQ
Business growth consulting involves creating a customized roadmap for long-term expansion. This type of consulting service, often provided by virtual CFOs, may analyze market conditions, competitive positioning and growth potential in order to deliver a plan that aligns strategic actions with business goals to create manageable, sustainable growth.
A fractional CFO helps drive growth by creating a multi-year roadmap, analyzing internal strengths and weaknesses and providing go-to-market or turnaround strategies. They may also set and monitor KPIs to ensure that every aspect of your business aligns with growth objectives.
CFO consulting provides expert financial guidance that’s tailored to high-priority business challenges like optimizing cash flow, enhancing operational efficiency or supporting expansion initiatives. Consulting services are ideal for companies that need advanced financial expertise to navigate complex decision-making and achieve growth goals.
CFO consultants bring businesses high-impact expertise around improving financial processes, reporting and strategic forecasting. They enable growth-focused decisions by supporting areas like cash flow optimization and goal-driven financial planning, all without the long-term commitment of a full-time CFO.
The cost of hiring a freelance CFO depends on whether they charge an hourly rate or a flat project fee.\r\n\r\nSaving on costs requires you to decide if you are paying for the overall value you’ll get for the results or if you simply require hour-by-hour support. In the latter case, you should have a clear idea of the number of hours a project or engagement will require.\r\n\r\nAnother aspect to consider when hiring is equity. You don’t need to dilute your equity in the business. A fractional CFO delivers the results they promise without taking equity ownership in your business.
Hiring a full-time CFO is a costly endeavor that can take upwards of four months. But not every business needs one; in fact, freelance CFO services are often a much better fit in terms of achieving your goals while staying on budget. Learn more about what a part-time CFO can do for you.