130. Start Here If You're A New Fractional CFO | Masterclass

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Sep 10, 2024

Dive into the world of fractional CFOs and uncover how they transform traditional accounting roles into strategic partnerships. Discover essential services for virtual CFO support and learn about the challenges of scaling a CFO firm. Get insights on automating financial management tasks with innovative platforms. Explore the transition to fractional services, and gain tips on goal setting, audience targeting, and pricing strategies. It's a masterclass for anyone looking to thrive in this lucrative field!

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ADVICE

Choosing Your CFO Title

Consider using "fractional CFO" due to higher search volume.
Choose terms like "virtual," "fractional," or "outsourced" CFO based on your branding.

INSIGHT

CFO vs. Bookkeeper/Accountant

Bookkeepers and accountants focus on past financial data (rearview mirror reporting).
Fractional CFOs help business owners plan for the future and understand financial decisions’ impacts.

ADVICE

Be a Teacher and Coach

Be a world-class teacher and coach, translating financial jargon for business owners.
Help business owners understand how their decisions will impact their financials.

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A big thank you to our sponsors who keep this channel free to the viewers:

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WORK WITH ME 👇
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MY KEY LINKS
🌎 Website - https://www.thecfoaccelerator.com
👋 LinkedIn - https://www.linkedin.com/in/iammichaelking

WHO AM I?

I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.

Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!

PS - Some of the links in this description are affiliate links that I get kickbacks from 😀