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But that's actually not true. Some companies (i.e., startups and small businesses) cannot afford a full time CFO and I know people who enjoy working for multiple companies and find it more interesting. Also, at that level, if they're not qualified for full time, they're not qualified for part time either. One man's view and experience.
Ouch, who hurt you?!
Fractional jackass much?
No, they are certainly full-time jackass
This is so boomer coded
I guess you are a fractional consultant eh?
It is really more of an indicator of how cheap a company is that they cannot retain full time executive roles.
It’s also an indicator of how insecure some VP’s are
Fractional doesn't always mean part-time. It could mean 100 hour weeks for a fixed period of time to either get a company up and running, correct a bottle-neck, update a backlog, develop structure and processes, hire a team. It's very often a semi-retired exec in that role. Your take is extremely misguided.
It’s another way to add a company’s salary to your own. Win win. Company that can get an amazing mind. Part time work wage plus the flexibility to get another job.
I see OPs point here. So many bookkeepers with little experience are calling themselves fractional CFOs now. You better do some background work before hiring someone with fractional in their self-assessed title.