SERVICE 09

Fractional CFO Services

Most mid-market businesses cannot justify a full-time CFO and do not need one. They need senior financial leadership on the days and decisions that matter.

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We will respond within one business day.

THE PROBLEM

At $1M to $50M in revenue, you have outgrown reactive finance but cannot justify a full-time CFO.

A full-time CFO runs $350K or more, which the earnings of a founder-led business in this range do not justify. But operating without financial leadership keeps most owners reacting instead of leading. Compensation gets set by feel, capital gets deployed by instinct, and the business grows without the financial architecture that would make it worth more.

We operate as part of your leadership team, not external consultants you will never hear from.KEYSTONE CONSULTING TEAM
You need CFO-level decisions
Compensation, capital, and structure decisions need senior judgment, not just bookkeeping.
A full-time CFO is not justified
Your revenue does not support a $350K+ full-time hire, but the need is real.
Finance is reactive
Decisions get made after the fact, without leadership or a forward view.
WHAT WE BUILD

The CFO leadership we provide

M

Monthly CFO advisory

Monthly financial leadership covering cash, margin, compensation, capital allocation, and the decisions that compound into enterprise value.

Q

Quarterly strategy sessions

Quarterly working sessions on the strategic decisions facing the business, from growth to exit, with a written agenda and outcomes.

D

Direct accountability

A direct line to a CFO who is part of your leadership team, coordinating your CPA, bookkeeper, and other advisors under one plan.

HOW WE WORK

How a fractional CFO engagement works

01

Diagnostic and plan

Run the diagnostic, build the plan, and define what the next 90 days should accomplish.

02

Monthly financial leadership

Monthly CFO advisory on cash, margin, compensation, capital, and the decisions that move value.

03

Quarterly strategy

Quarterly strategy sessions on growth, capital, and exit decisions, with written outcomes.

04

Coordinate your advisors

Bring your CPA, bookkeeper, and planners onto one plan so the gaps close and decisions are aligned.

What you walk away with

  • Monthly CFO-level financial leadership
  • Quarterly strategy sessions with written outcomes
  • A direct line to a CFO on your team
  • Coordination of your CPA, bookkeeper, and advisors
  • A forward view, not reactive finance
OUTCOMES

The outcomes we engineer

The measurable shift each engagement is built to produce.

Outcome 01
Monthly
Advisory cadence
Outcome 02
Quarterly
Strategy sessions
Outcome 03
1 team
Coordinated advisors

A fractional CFO is the bridge between a business that has outgrown reactive finance and one that does not yet justify a full-time hire. The value is not in hours logged but in the decisions that get made better, earlier, and with a forward view.

SCOPE

What this is not

We are not a bookkeeping service
We provide CFO-level leadership. Bookkeeping and filing stay with your bookkeeper and CPA.
We are not a replacement for a full-time CFO at scale
At a certain size, a full-time CFO is the right answer. We will tell you when that point comes.
We are not investment advisors
We do not provide investment advisory or securities advice. Neither Vincent nor Bob is an RIA.
THE KVCA

How this fits the assessment

Fractional CFO leadership is the engagement model that delivers every other service, from cash management to tax strategy to exit readiness. It is how the work of the KVCA gets executed month over month, and it informs every index through ongoing financial leadership.

This work directly informs the KRI Keystone Replicability Index, KEV Keystone Enterprise Value Index, KCE Keystone Cash Efficiency Index, KODI Keystone Owner Dependence Index, KEX Keystone Exit Readiness Index.

WHO IT IS FOR

Who this serves

Healthcare practices

Practices that need CFO-level decisions on payer mix, provider compensation, and growth.

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Construction and trades

Firms that need financial leadership on job costing, capital, and acquisitions.

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Growth-stage operators

Scaling businesses that need CFO leadership without the full-time cost.

See the angle
FAQ

Questions about fractional cfo services

How much does a fractional CFO cost?

A fractional engagement is scoped to your needs and runs at a fraction of the $350K+ cost of a full-time CFO. The exact retainer depends on scope, which we define after the diagnostic. We will not quote a number before understanding the work.

How is this different from a bookkeeper or CPA?

A bookkeeper records transactions and a CPA files returns. A fractional CFO provides leadership on the decisions that move value: cash, compensation, capital, and exit. We coordinate your bookkeeper and CPA rather than replacing them.

At what point do we need a full-time CFO?

When the business's size and complexity justify the cost, and when the volume of financial leadership work exceeds what a fractional engagement covers. We will tell you when that point comes rather than holding on to the work.

Related services

Start with where you actually stand.

The Keystone Value Creation Assessment audits your last 12 to 36 months and gives you a written summary whether you engage us or not. If there is not a clear opportunity to create value, we will tell you directly.

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