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.
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 you visualize your big-picture strategy and gain long-term value. As business strategy consultants, they provide you with the industry knowledge and expertise to go from grind to grow.
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
Hit the ground running with on-demand strategic
expertise.
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.
US-based talent
industries served
skill sets
avg. years of experience
At Paro, we've perfected our pool of experts so you can spend more time looking ahead and less time on recruiting.
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 Adaptability—glistening skill sets and playbooks from just 5 years ago can be out of date in today's changing world. 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
Every business situation is different, but these broad strokes can give you a sense of how to get started with Paro's CFOs.
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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.
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.
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.
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.
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.
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“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
Not sure where to start? Learn how we can rapidly scale your team's capabilities and adapt for tomorrow.
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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.
