THE 5 MINUTE FRACTIONAL CFO
081: Start Here If You're a New Fractional CFO
May 03, 2024Subscribe to the Newsletter
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A big thank you to our sponsors who keep this blog free to the readers:
This week's blog is sponsored by
My firm trusts Decimal to handle all of our clients' accounting needs from bookkeeping to AR/AP to invoicing to taxes.
If you're anything like me, you want your Fractional CFO firm to focus on strategic advisory work.
If you want to offboard accounting and trust it'll be done right, check out Decimal.Â
👉 Click HERE to learn more!Â
More Fractional CFOs are entering the industry now than ever before!
When I started my firm in 2016, my biggest challenge was simple:
I had no idea where to start.
I've made it my mission to help Fractional CFOs coming after me cut through the noise and get clarity on what they need to do to start, scale, and optimize their Fractional CFO firms.
In pursuit of that mission, I've written 80 blogs and published over 100 YouTube videos over the past two years (and I'm not slowing down!).
Today, I'm sharing a curated list of the most important content I've created over the past two years, which will help you get started with your firm faster.
Let's dive in.
Transition from Part Time to Full Time Fractional CFO
If you are still side-hustling as a Fractional CFO (while you work FT somewhere else) and are unsure how to transition to full-time entrepreneurship, watch THIS inspirational interview with Shannon Weinstein.
She details her journey from side hustler to full-time Fractional CFO.
Begin With the End in Mind
The most important pieces of content I've created are in this playlist where I do a deep dive on creating a strategy for your firm.
In this series, I discuss how to set personal and business goals and how to implement a plan of action. I also discuss how to price your services.
But What About The Tech Stack?!?
Don't sweat the tech!
I compiled THIS VIDEO outlining the tech I recommend new Fractional CFOs implement in their firm.
And don't worry - I take a minimalist approach to tech and software, so nothing on this list will overwhelm you.
If I Was Starting a Firm Today
Many people ask me what I would do if I were going to start a firm from scratch in 2024.
Where to Find New Clients
Don't worry - you're not alone.
Finding new clients is THE biggest challenge new (and existing!) Fractional CFOs have.
I compiled an entire guide explaining my firm's marketing strategy for the year.
You can check it out HERE (absolutely free).
I hope you found this list helpful in your journey of starting your own Fractional CFO firm.
If you know of any other content I've produced that would be beneficial to others, please send us an email, and we'll consider adding it to the list.
Your Coach,
Michael
Whenever you are ready, here are 3 ways I can help you:
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1:1 Coaching with Michael King -Get hands-on support and fast track your firm’s growth by working directly with me.Â
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The Inner Circle - every month my team and I go live and share the most impactful lessons we've learned in our journey to start, scale, and optimize our own Fractional CFO firm (including live Q&A). Plus you'll get access to our private community of nearly 200+ Fractional CFOs.
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 If you'd like more amazing (and free!) content about starting, scaling, or optimizing your Fractional CFO firm check out The CFO Report.
