Fractional Executive
Definition
A senior professional, such as a CFO, CMO, or COO, who works with multiple companies on a part-time or project basis, providing strategic leadership without the cost of a full-time hire.
Why it matters
Fractional executives give early-stage founders access to experience and expertise that would otherwise be unaffordable. A fractional CFO can set up financial systems and investor-ready reporting for a fraction of a full-time salary.
Example
A founder generating £300,000 annually cannot justify a £120,000 full-time CFO. She hires a fractional CFO for two days per month who builds her management accounts, cash flow model, and prepares her for a fundraising conversation at a cost of £1,500 per month.
Related terms
Learn the language of business - and build the systems behind it.
Rich Girl Systems turns 1168+ founder concepts into a step-by-step programme with daily challenges, XP and your own assistant.
Take the free founder quiz