What does a fractional CFO do, and when does a Tulsa business need one?

Many small businesses reach a point where the bookkeeping is done, but nobody is answering the bigger questions. Can we afford to hire? Are we pricing correctly? Will we have enough cash next quarter? A full-time CFO is out of reach for most, and that is where a fractional CFO comes in.

A fractional CFO is a part-time financial leader. Instead of paying for a full-time executive, you get senior-level guidance for a set number of hours each month. The work typically includes:

• Budgeting and forecasting: a plan for the year and a forecast you update as things change.

• Cash flow management: knowing when money comes in and goes out, so payroll and bills never surprise you.

• Financial reporting: clear monthly statements you can actually read and act on.

• Decision support: pricing, hiring, equipment purchases, and growth plans backed by numbers.

• Lender-ready reporting: the financial packages banks ask for.

Signs it is time: you are growing but cash feels tight, you are applying for a loan or line of credit, you want to hire or expand and need to know what you can afford, or you do not trust your numbers enough to make decisions.

If you are a Tulsa business owner wondering whether a fractional CFO makes sense, K.W. Douglas, LLC offers a free consultation. Reach out at kwdouglas.com.