27min chapter

Nikonomics - The Economics of Small Business cover image

31 - How a Few Viral Tweets About Excel Built a $3M Business with Kurtis Hanni

Nikonomics - The Economics of Small Business

CHAPTER

The Role of Fractional CFOs in Small Businesses

Exploring the benefits of having a fractional CFO for small businesses, the chapter breaks down the CFO's role into transactional work, tax management, and strategic planning. It emphasizes the importance of having a CFO as a strategic partner, detailing their involvement in financial statements, cash flow, and business improvement. The chapter also discusses the evolution of fractional CFO services, including the impact of COVID-19, changing fee structures, and unique marketing strategies in today's digital era.

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